MERCOSUR: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in MERCOSUR

In 2022, the MERCOSUR aluminium alloy tube market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, saw a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Aluminium Alloy Tube Production in MERCOSUR

In value terms, aluminium alloy tube production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Aluminium Alloy Tube Exports

Exports in MERCOSUR

In 2022, approx. X tons of aluminium alloy tubes and pipes were exported in MERCOSUR; reducing by X% on 2021 figures. Overall, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy tube exports fell to $X in 2022. Over the period under review, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador was the main exporter of aluminium alloy tubes and pipes in MERCOSUR, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Brazil (X tons) ranks second in terms of the total exports with a X% share, followed by Colombia (X%). Argentina (X tons) and Uruguay (X tons) followed a long way behind the leaders.

Exports from Ecuador decreased at an average annual rate of X% from 2012 to 2022. At the same time, Uruguay (X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Brazil experienced a relatively flat trend pattern. By contrast, Colombia (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ecuador, Brazil and Uruguay increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X), Ecuador ($X) and Colombia ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports. Argentina and Uruguay lagged somewhat behind, together accounting for a further X%.

Uruguay, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Uruguay ($X per ton) was amongst the lowest.

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

Aluminium Alloy Tube Imports

Imports in MERCOSUR

In 2022, overseas purchases of aluminium alloy tubes and pipes increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium alloy tube imports reduced slightly to $X in 2022. Overall, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Peru (X tons) and Colombia (X tons) were the major importers of aluminium alloy tubes and pipes in 2022, reaching near X% and X% of total imports, respectively. It was distantly followed by Argentina (X tons), Brazil (X tons) and Ecuador (X tons), together creating a X% share of total imports. Chile (X tons) and Venezuela (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Peru ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Brazil, Chile, Ecuador and Venezuela lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Chile, 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 import price in MERCOSUR amounted to $X per ton, waning by X% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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