Chile: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Chile

The Chilean market for aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Chile

After three years of decline, shipments abroad of aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to X tons in 2021. In general, exports posted prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm surged to $X in 2021. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports of reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) and Argentina (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from Chile.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of +X value terms, Argentina ($X) and China ($X) appeared to be the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from Chile worldwide.

In terms of the main countries of destination, Argentina, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, falling by -X% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for aluminium alloy plates, sheets and strip of thickness over X mm increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Argentina ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%).

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Chile

In 2021, approx. X tons of aluminium alloy plates, sheets and strip of thickness over X mm were imported into Chile; with an increase of X% on the previous year. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2021. In general, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X tons), Brazil (X tons) and China (X tons) were the main suppliers of imports of aluminium alloy plates, sheets and strip of thickness over X mm to Chile, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Brazil ($X) and China ($X) constituted the largest aluminium alloy plate, sheet and strip of thickness over X mm suppliers to Chile, with a combined X% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +X%, recorded 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 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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