Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil - 2024

Contents:

1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil (CIF) - 2022
2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil (FOB) - 2022
3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil
4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3,769 per ton, rising by 27% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,504 per ton), while the price for Bahrain ($3,306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil (FOB) - 2022

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $5,455 per ton in 2022, jumping by 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,118 per ton), while the average price for exports to Colombia ($3,355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil

In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -34.2% to 2.5K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a measured increase. The growth pace was the most rapid in 2020 with an increase of 250%. As a result, imports attained the peak of 7.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms plummeted to $9.3M in 2022. Over the period under review, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 276%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Brazil in 2022:

1. Argentina (914.2 tons)
2. Bahrain (546.9 tons)
3. United Arab Emirates (529.2 tons)
4. India (242.1 tons)
5. Spain (81.5 tons)
6. China (50.7 tons)
7. Poland (47.9 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms, when their volume decreased by -44.3% to 936 tons. Over the period under review, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2020 when exports increased by 72%.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms dropped markedly to $5.1M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. As a result, the exports attained the peak of $6.8M, and then shrank notably in the following year.

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Brazil in 2022:

1. Argentina (360.2 tons)
2. China (240.3 tons)
3. South Korea (133.9 tons)
4. Mexico (103.9 tons)
5. Colombia (40.1 tons)
6. Venezuela (20.1 tons)
7. United States (17.3 tons)

Source: IndexBox Market Intelligence Platform