Colombia - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingUnwrought Aluminium Alloys Price in Colombia - 2022
Contents:
- Unwrought Aluminium Alloys Price in Colombia (CIF) - 2022
- Unwrought Aluminium Alloys Price in Colombia (FOB) - 2022
- Unwrought Aluminium Alloys Imports in Colombia
- Unwrought Aluminium Alloys Exports in Colombia
Unwrought Aluminium Alloys Price in Colombia (CIF) - 2022
In February 2022, the average unwrought aluminium alloys import price amounted to $3,853 per ton, growing by 4.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.6%. The pace of growth was the most pronounced in May 2021 when the average import price increased by 22% month-to-month. The import price peaked in February 2022.
Average prices varied noticeably amongst the major supplying countries. In February 2022, the highest price was recorded for prices from India ($4,229 per ton) and Bahrain ($4,069 per ton), while the price for Brazil ($3,552 per ton) and the United Arab Emirates ($3,866 per ton) were amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Unwrought Aluminium Alloys Price in Colombia (FOB) - 2022
The average unwrought aluminium alloys export price stood at $2,014 per ton in 2022, shrinking by -2.2% against the previous year. In general, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 9.7%. Over the period under review, the average export prices hit record highs at $2,682 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Dominican Republic ($2,459 per ton), while the average price for exports to Guatemala ($1,438 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 the Dominican Republic (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Unwrought Aluminium Alloys Imports in Colombia
In 2022, the amount of unwrought aluminium alloys imported into Colombia fell to 5.5K tons, reducing by -14% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.7% over the period 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 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of 6.4K tons, and then shrank in the following year.
In value terms, unwrought aluminium alloys imports dropped significantly to $15M in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96%. As a result, imports reached the peak of $20M, and then shrank significantly in the following year.
| Import of Unwrought Aluminium Alloys in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.7 | 7.8 | 3.7 | 7.0 | -7.0% |
| Brazil | 0.1 | N/A | 3.9 | 4.5 | 255.7% |
| Russia | 2.4 | 0.4 | 2.2 | 2.6 | 2.7% |
| United States | 0.4 | N/A | 0.6 | 0.7 | 20.5% |
| United Arab Emirates | N/A | N/A | 4.2 | N/A | 0% |
| Bahrain | N/A | 1.8 | 3.9 | N/A | 116.7% |
| Others | 0.8 | N/A | 1.0 | 0.1 | -50.0% |
| Total | 12.3 | 10.0 | 19.6 | 14.8 | 6.4% |
Top Suppliers of Unwrought Aluminium Alloys to Colombia in 2022:
- India (2.9K tons)
- Brazil (1.3K tons)
- Russia (1.0K tons)
- United States (0.2K tons)
Unwrought Aluminium Alloys Exports in Colombia
In 2022, after three years of growth, there was decline in shipments abroad of unwrought aluminium alloys, when their volume decreased by -3.3% to 23 tons. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 6.9%. As a result, the exports attained the peak of 24 tons, and then fell slightly in the following year.
In value terms, unwrought aluminium alloys exports fell to $47K in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 12%.
| Export of Unwrought Aluminium Alloys in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 17.7 | 5.3 | 14.1 | 30.8 | 20.3% |
| Guatemala | 15.6 | 2.9 | 5.7 | 14.3 | -2.9% |
| Ecuador | 1.7 | 0.3 | 0.4 | 1.3 | -8.6% |
| Japan | N/A | 2.6 | 12.2 | N/A | 369.2% |
| China | N/A | 26.0 | 6.6 | N/A | -74.6% |
| United States | N/A | 5.6 | 7.3 | N/A | 30.4% |
| Others | 4.3 | 1.4 | 3.3 | 0.3 | -58.8% |
| Total | 39.3 | 44.1 | 49.4 | 46.8 | 6.0% |
Top Export Markets for Unwrought Aluminium Alloys from Colombia in 2022:
- Dominican Republic (12.5 tons)
- Guatemala (10.0 tons)
- Ecuador (0.7 tons)
This report provides an in-depth analysis of the unwrought aluminium alloys market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
320
This report provides an in-depth analysis of the unwrought aluminium alloys market in Colombia.
704
This report provides an in-depth analysis of the aluminum market in Colombia.
569
This report provides an in-depth analysis of the aluminium market in Colombia.
111
This report provides an in-depth analysis of the aluminium and titanium market in Colombia.
1298
This report provides an in-depth analysis of the global unwrought aluminium alloys market.
7018
This report provides an in-depth analysis of the global aluminum market.
1472
This report provides an in-depth analysis of the global aluminium market.
106
This report provides an in-depth analysis of the global aluminium and titanium market.
320
This report provides an in-depth analysis of the unwrought aluminium alloys market in Colombia.
704
This report provides an in-depth analysis of the aluminum market in Colombia.
74
Explore the top import markets for unwrought aluminium alloys in 2023. Find out which countries lead the way in importing this essential material for various industries.
442
Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
1262
Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.
665
Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.
765
In value terms, aluminum articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern in...
600
In value terms, aluminum table, kitchen and other household articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to...
674
In value terms, aluminium stranded wire, cables, plaited bands imports stood at $X in 2016. Overall, aluminium stranded wire, cables, plaited bands imports continue to indicate a relatively flat tren...
936
In value terms, aluminum containers for compressed and liquefied gas imports amounted to $X in 2016. Overall, it indicated a tangible increase from 2007 to 2016: the total imports value decreased a...
994
In value terms, aluminium casks, drums, cans, boxes imports stood at $X in 2016. In general, aluminium casks, drums, cans, boxes imports continue to indicate a relatively flat trend pattern. Global...
931
In value terms, aluminum reservoirs, tanks and vats imports stood at $X in 2016. Overall, aluminum reservoirs, tanks and vats imports continue to indicate a slight slump. Over the period under revi...
