Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Argentina - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Argentina (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Argentina
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Argentina (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $6,045 per ton in 2022, with an increase of 45% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +75.2% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($6,169 per ton), while the price for China ($4,431 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Argentina
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Argentina totaled 395 tons, increasing by 2.7% against 2021. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $2.4M in 2022. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 790 | 444 | 1,463 | 2,098 | 38.5% |
| Spain | 36.6 | 31.1 | 36.7 | 261 | 92.5% |
| China | 37.1 | 73.9 | N/A | 31.0 | -5.8% |
| Netherlands | 531 | 415 | 106 | N/A | -55.3% |
| Others | 14.9 | 15.5 | 0.9 | N/A | -75.4% |
| Total | 1,409 | 979 | 1,607 | 2,390 | 19.3% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Argentina in 2022:
- Brazil (340.1 tons)
- Spain (48.3 tons)
- China (7.0 tons)
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