Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Peru - 2022

Contents:

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

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

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $7,236 per ton in 2022, increasing by 21% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +86.3% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 52%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,630 per ton), while the price for Mexico ($3,981 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Peru soared to 332 tons in 2022, jumping by 38% compared with the year before. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 257% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $2.4M in 2022. Over the period under review, imports saw a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 389%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany98158.59052,16730.2%
Spain67.230.773.913626.5%
United States49.116.445.466.510.6%
MexicoN/AN/AN/A31.00%
Argentina258101208N/A-10.2%
Bahrain10161.1194N/A38.6%
Others17.627.216.0N/A-4.7%
Total1,4752951,4422,40017.6%

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

  1. Germany (296.1 tons)
  2. Spain (17.8 tons)
  3. United States (10.0 tons)
  4. Mexico (7.8 tons)

Source: IndexBox Market Intelligence Platform

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