Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Guatemala - 2023

Contents:

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

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

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $8,859 per ton, picking up by 51% against the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 196%. The import price peaked at $52,574 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Italy ($56,794 per ton), while the price for China ($6,616 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 States (+13.3%).

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

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Guatemala soared to 10 tons, picking up by 386% against the previous year. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 1,806% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $91K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 877%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.91.211.964.8316.0%
ItalyN/AN/AN/A25.70%
Others0.1N/A0.50.571.0%
Total0.91.312.491.0365.9%

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

  1. China (9.8 tons)
  2. Italy (0.5 tons)

Source: IndexBox Market Intelligence Platform

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