Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay - 2024

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay (CIF) - 2024
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay (CIF) - 2024

In January 2024, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,350 per ton, growing by 9.1% against the previous month. In general, the import price, however, showed a mild decline. Over the period under review, average import prices hit record highs at $5,028 per ton in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Brazil ($4,857 per ton), while the price for China ($4,096 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay (FOB) - 2022

In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,304 per ton, surging by 41% against the previous year. Overall, the export price saw a significant increase. The pace of growth was the most pronounced in 2019 an increase of 1,120% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2018 to 2022, the rate of growth in terms of prices for Brazil amounted to +31.7% per year.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay

In 2022, approx. 30K tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were imported into Paraguay; with an increase of 3.7% compared with 2021 figures. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 285% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $151M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 277% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea3.338.991.2126236.7%
China2.76.611.619.392.6%
Brazil7.85.93.34.7-15.5%
Others0.10.70.70.8100.0%
Total13.852.1107151122.0%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Paraguay in 2022:

  1. South Korea (26.1K tons)
  2. China (2.4K tons)
  3. Brazil (0.9K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay

In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s exported from Paraguay surged to 900 tons, rising by 31% on the year before. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $3.9M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil0.1N/AN/A3.9239.1%
ChileN/AN/A2.1N/A0%
OthersN/AN/AN/AN/A0%
Total0.1N/A2.13.9239.1%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Paraguay in 2022:

  1. Brazil (898.4 tons)

Source: IndexBox Market Intelligence Platform

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