Price for Aluminium; Powders and Flakes in Colombia - 2022

Contents:

1. Price for Aluminium; Powders and Flakes in Colombia (CIF) - 2022
2. Price for Aluminium; Powders and Flakes in Colombia (FOB) - 2022
3. Imports of Aluminium; Powders and Flakes in Colombia
4. Exports of Aluminium; Powders and Flakes in Colombia

Price for Aluminium; Powders and Flakes in Colombia (CIF) - 2022

The average aluminium; powders and flakes import price stood at $6,955 per ton in 2022, picking up by 14% against the previous year. In general, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The import price peaked at $8,946 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany ($61,050 per ton), while the price for India ($6,235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Powders and Flakes in Colombia (FOB) - 2022

In 2022, the average aluminium; powders and flakes export price amounted to $3,742 per ton, with an increase of 92% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 302%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 Costa Rica ($14,440 per ton), while the average price for exports to Ecuador stood at $1,619 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+0.3%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Powders and Flakes in Colombia

For the third consecutive year, Colombia recorded decline in supplies from abroad of aluminium; powders and flakeses, which decreased by -51.4% to 93 tons in 2022. Over the period under review, imports faced a precipitous descent. The smallest decline of -17.2% was in 2020.

In value terms, aluminium; powders and flakes imports declined notably to $650K in 2022. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 2.8% against the previous year.

Top Suppliers of Aluminium; Powders and Flakes to Colombia in 2022:

1. India (90.0 tons)
2. Mexico (1.5 tons)

Exports of Aluminium; Powders and Flakes in Colombia

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; powders and flakeses, when their volume decreased by -88% to 151 kg. Over the period under review, exports recorded a pronounced slump. The pace of growth appeared the most rapid in 2020 when exports increased by 372%.

In value terms, aluminium; powders and flakes exports dropped remarkably to $565 in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 434%.

Top Export Markets for Aluminium; Powders and Flakes from Colombia in 2022:

1. Ecuador (126.0 kg)
2. Costa Rica (25.0 kg)

Source: IndexBox Market Intelligence Platform