Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay - 2023

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay (CIF) - 2022
  2. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay (FOB) - 2022
  3. Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay
  4. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay (CIF) - 2022

The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,209 per ton in 2022, with an increase of 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. 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 highest price was recorded for prices from Spain ($6,841 per ton) and Brazil ($5,850 per ton), while the price for China ($4,593 per ton) and Paraguay ($5,240 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay (FOB) - 2022

In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,391 per ton, surging by 2.3% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 38%. Over the period under review, the average export prices hit record highs at $6,862 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($9,326 per ton), while the average price for exports to Brazil ($3,625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+0.3%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay

In 2022, after three years of growth, there was significant decline in purchases abroad of aluminium; alloys, bars, rods and profiles, other than hollows, when their volume decreased by -20.9% to 1.7K tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports attained the peak of 2.1K tons, and then contracted sharply in the following year.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows contracted to $8.6M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of $9.6M, and then fell in the following year.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.52.73.64.37.1%
Brazil1.61.93.62.617.6%
Spain0.31.40.90.518.6%
Paraguay0.10.10.20.458.7%
Argentina0.30.40.60.410.1%
Others0.10.60.70.458.7%
Total5.87.19.68.614.0%

Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Uruguay in 2022:

  1. China (945.5 tons)
  2. Brazil (444.1 tons)
  3. Argentina (80.9 tons)
  4. Paraguay (73.9 tons)
  5. Spain (69.8 tons)

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay

In 2022, shipments abroad of aluminium; alloys, bars, rods and profiles, other than hollows increased by 79% to 72 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt setback.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $317K in 2022. Over the period under review, exports, however, showed a abrupt shrinkage.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil198116N/A154-8.0%
Argentina145157155127-4.3%
Paraguay11.01.617.234.846.8%
Bolivia42.420.51.1N/A-83.9%
Others2.4N/AN/A1.6-12.6%
Total398295173317-7.3%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Uruguay in 2022:

  1. Brazil (42.4 tons)
  2. Argentina (26.0 tons)
  3. Paraguay (3.7 tons)

Source: IndexBox Market Intelligence Platform

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