Argentina: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in Argentina

In 2022, the Argentinian aluminium alloy tube market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, showed a pronounced decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Aluminium Alloy Tube Exports

Exports from Argentina

Aluminium alloy tube exports from Argentina was estimated at X tons in 2022, picking up by X% compared with the previous year. In general, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy tube exports surged to $X in 2022. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Chile (X tons) was the main destination for aluminium alloy tube exports from Argentina, accounting for a X% share of total exports. Moreover, aluminium alloy tube exports to Chile exceeded the volume sent to the second major destination, Brazil (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Uruguay (X% per year).

In value terms, Chile ($X), Brazil ($X) and Uruguay ($X) constituted the largest markets for aluminium alloy tube exported from Argentina worldwide, together accounting for X% of total exports.

Uruguay, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Uruguay ($X 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 Brazil (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Aluminium Alloy Tube Imports

Imports into Argentina

In 2022, aluminium alloy tube imports into Argentina surged to X tons, growing by X% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium alloy tube imports dropped to $X in 2022. In general, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Brazil (X tons), China (X tons) and Italy (X tons) were the main suppliers of aluminium alloy tube imports to Argentina, together accounting for X% of total imports. Germany, Uruguay, the Netherlands, Thailand, Turkey, the United States and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Italy ($X) and Thailand ($X) constituted the largest aluminium alloy tube suppliers to Argentina, with a combined X% share of total imports. China, Germany, the Netherlands, Uruguay, Turkey, the United States and Poland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium alloy tube import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a pronounced decline. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Thailand ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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