Colombia - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Alloy Wire Price in Colombia - 2022
Contents:
- Aluminium Alloy Wire Price in Colombia (CIF) - 2022
- Aluminium Alloy Wire Price in Colombia (FOB) - 2022
- Aluminium Alloy Wire Imports in Colombia
- Aluminium Alloy Wire Exports in Colombia
Aluminium Alloy Wire Price in Colombia (CIF) - 2022
In February 2022, the average aluminium alloy wire import price amounted to $4,045 per ton, rising by 15% against the previous month. In general, import price indicated a moderate increase from February 2021 to February 2022: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, aluminium alloy wire import price increased by +5.8% against November 2021 indices. The pace of growth appeared the most rapid in September 2021 an increase of 27% against the previous month. Over the period under review, average import prices hit record highs in February 2022.
Prices varied noticeably by the country of origin: the country with the highest price was China ($5,746 per ton), while the price for Oman ($3,663 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Alloy Wire Price in Colombia (FOB) - 2022
In 2022, the average aluminium alloy wire export price amounted to $2,931 per ton, surging by 5.2% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. As a result, the export price reached the peak level of $3,181 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +2.6% per year.
Aluminium Alloy Wire Imports in Colombia
In 2022, approx. 2.1K tons of aluminium alloy wire were imported into Colombia; with a decrease of -13.4% against the previous year's figure. Over the period under review, imports saw a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 2.5K tons, and then declined in the following year.
In value terms, aluminium alloy wire imports fell to $5.9M in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $6.9M, and then dropped in the following year.
Import of Aluminium Alloy Wire in Colombia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | 1.2 | 1.5 | 2.3 | 2.1 | 20.5% |
Oman | 1.6 | 1.6 | 2.4 | 2.1 | 9.5% |
India | 1.9 | 0.7 | 0.6 | 0.6 | -31.9% |
Canada | 0.6 | 0.5 | 0.6 | 0.5 | -5.9% |
China | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
Others | 0.2 | 0.2 | 0.6 | 0.2 | 0.0% |
Total | 5.9 | 4.9 | 6.9 | 5.9 | 0.0% |
Top Suppliers of Aluminium Alloy Wire to Colombia in 2022:
- Oman (766.9 tons)
- Bahrain (750.2 tons)
- India (301.1 tons)
- Canada (161.8 tons)
- China (101.6 tons)
Aluminium Alloy Wire Exports in Colombia
In 2022, exports of aluminium alloy wire from Colombia declined dramatically to 55 tons, with a decrease of -20.9% on the previous year. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year.
In value terms, aluminium alloy wire exports shrank significantly to $161K in 2022. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year.
Export of Aluminium Alloy Wire in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 2.6 | 8.4 | 2.0 | 161 | 295.6% |
Costa Rica | N/A | 119 | 22.1 | N/A | -81.4% |
Mexico | 251 | N/A | 169 | N/A | -17.9% |
Others | 3.8 | 1.2 | N/A | N/A | -68.4% |
Total | 258 | 129 | 193 | 161 | -14.5% |
Top Export Markets for Aluminium Alloy Wire from Colombia in 2022:
- Ecuador (54.9 tons)
This report provides an in-depth analysis of the aluminium alloy wire market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422350 - Aluminium alloy wire (excluding insulated electric wire and cable, twine and cordage reinforced with aluminium wire, s tranded wire and cables)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium alloy wire market in Colombia.
This report provides an in-depth analysis of the global aluminium alloy wire market.
This report provides an in-depth analysis of the non-alloy aluminium wire market in Colombia.
This report provides an in-depth analysis of the aluminium alloy wire market in Colombia.
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
This report provides an in-depth analysis of the global aluminium alloy wire market.
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