Price for Aluminium; Tubes and Pipes in Chile - 2023

Contents:

1. Price for Aluminium; Tubes and Pipes in Chile (CIF) - 2023
2. Price for Aluminium; Tubes and Pipes in Chile (FOB) - 2022
3. Imports of Aluminium; Tubes and Pipes in Chile
4. Exports of Aluminium; Tubes and Pipes in Chile

Price for Aluminium; Tubes and Pipes in Chile (CIF) - 2023

The average aluminium; tubes and pipes import price stood at $9,630 per ton in August 2023, picking up by 37% against the previous month. Over the period under review, the import price showed a temperate expansion. The pace of growth appeared the most rapid in March 2023 an increase of 106% against the previous month. The import price peaked in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Bulgaria ($24,191 per ton), while the price for China ($4,327 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Tubes and Pipes in Chile (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $7,226 per ton, dropping by -53% against the previous year. Over the period under review, the export price, however, showed mild growth. The most prominent rate of growth was recorded in 2015 an increase of 103%. Over the period under review, the average export prices reached the peak figure at $15,379 per ton in 2021, and then dropped notably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +5.8% per year.

Imports of Aluminium; Tubes and Pipes in Chile

In 2022, purchases abroad of aluminium; tubes and pipeses decreased by -21.9% to 640 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 39%. As a result, imports attained the peak of 832 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium; tubes and pipes imports reached $4.6M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium; Tubes and Pipes to Chile in 2022:

1. China (486.8 tons)
2. Argentina (81.1 tons)
3. Spain (27.6 tons)

Exports of Aluminium; Tubes and Pipes in Chile

In 2022, shipments abroad of aluminium; tubes and pipeses increased by 776% to 3.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a abrupt shrinkage.

In value terms, aluminium; tubes and pipes exports skyrocketed to $27K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

Top Export Markets for Aluminium; Tubes and Pipes from Chile in 2022:

1. Peru (3.7 tons)

Source: IndexBox Market Intelligence Platform