Price for Aluminium; Tubes and Pipes in Colombia - 2022

Contents:

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

Price for Aluminium; Tubes and Pipes in Colombia (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $4,524 per ton in 2022, which is down by -5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2021 when the average import price increased by 18%. As a result, import price reached the peak level of $4,774 per ton, and then reduced in the following year.

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 Spain ($7,181 per ton), while the price for China ($3,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average aluminium; tubes and pipes export price amounted to $4,660 per ton, with a decrease of -6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 21%. Over the period under review, the average export prices hit record highs at $4,981 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($12,683 per ton), while the average price for exports to Aruba ($929 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Tubes and Pipes in Colombia

In 2022, approx. 3.3K tons of aluminium; tubes and pipeses were imported into Colombia; waning by -7.1% compared with the previous year. Over the period under review, imports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.

In value terms, aluminium; tubes and pipes imports shrank to $15M in 2022. In general, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of $17M, and then shrank in the following year.

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

1. China (1416.3 tons)
2. Ecuador (1304.1 tons)
3. United States (225.5 tons)
4. Spain (125.2 tons)
5. Mexico (60.4 tons)

Exports of Aluminium; Tubes and Pipes in Colombia

Aluminium; tubes and pipes exports from Colombia fell to 260 tons in 2022, with a decrease of -9.1% compared with 2021 figures. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 24%.

In value terms, aluminium; tubes and pipes exports reduced to $1.2M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 43%. As a result, the exports reached the peak of $1.4M, and then declined in the following year.

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

1. Ecuador (234.5 tons)
2. Aruba (6.5 tons)
3. Panama (1.0 tons)

Source: IndexBox Market Intelligence Platform