MERCOSUR: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in MERCOSUR

The MERCOSUR aluminium and titanium market shrank to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a pronounced reduction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aluminium And Titanium Production in MERCOSUR

In value terms, aluminium and titanium production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium And Titanium Exports

Exports in MERCOSUR

In 2022, exports of aluminium and titanium in MERCOSUR contracted notably to X tons, shrinking by X% on the previous year's figure. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aluminium and titanium exports reduced to $X in 2022. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil was the largest exporter of aluminium and titanium in MERCOSUR, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. Venezuela (X tons) ranks second in terms of the total exports with a X% share, followed by Argentina (X%).

Exports from Brazil decreased at an average annual rate of X% from 2012 to 2022. Venezuela (X%) and Argentina (X%) illustrated a downward trend over the same period. Brazil (X p.p.) and Venezuela (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Brazil ($X) remains the largest aluminium and titanium supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Venezuela (X% per year) and Argentina (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

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

Aluminium And Titanium Imports

Imports in MERCOSUR

In 2022, imports of aluminium and titanium in MERCOSUR shrank sharply to X tons, declining by X% against 2021 figures. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then fell markedly in the following year.

In value terms, aluminium and titanium imports reduced dramatically to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The level of import peaked at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

Brazil dominates imports structure, amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Colombia (X tons), creating a X% share of total imports. The following importers - Ecuador (X tons) and Argentina (X tons) - each reached a X% share of total imports.

Brazil was also the fastest-growing in terms of the aluminium and titanium imports, with a CAGR of X% from 2012 to 2022. Colombia (X%), Ecuador (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil increased by X percentage points.

In value terms, Brazil ($X) constitutes the largest market for imported aluminium and titanium in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Ecuador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Ecuador (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Ecuador ($X per ton) and Brazil ($X per ton), while Colombia ($X per ton) and Argentina ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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