Price for Aluminium; Tubes and Pipes in Uruguay - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Uruguay (FOB) - 2022
- Price for Aluminium; Tubes and Pipes in Uruguay (CIF) - 2022
- Exports of Aluminium; Tubes and Pipes in Uruguay
- Imports of Aluminium; Tubes and Pipes in Uruguay
Price for Aluminium; Tubes and Pipes in Uruguay (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $4,631 per ton in 2022, growing by 14% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2014 an increase of 40%. Over the period under review, the average export prices hit record highs at $7,654 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +0.8% per year.
Price for Aluminium; Tubes and Pipes in Uruguay (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $6,086 per ton, jumping by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,036 per ton), while the price for Hong Kong SAR ($4,165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Tubes and Pipes in Uruguay
In 2022, shipments abroad of aluminium; tubes and pipeses decreased by -1.3% to 164 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 170 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, aluminium; tubes and pipes exports stood at $760K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Aluminium; Tubes and Pipes in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 464 | 547 | 673 | 760 | 17.9% |
| Others | 0.5 | 1.3 | 3.4 | 0.3 | -15.7% |
| Total | 465 | 549 | 676 | 760 | 17.8% |
Top Export Markets for Aluminium; Tubes and Pipes from Uruguay in 2022:
- Argentina (164.1 tons)
Imports of Aluminium; Tubes and Pipes in Uruguay
In 2022, approx. 76 tons of aluminium; tubes and pipeses were imported into Uruguay; with a decrease of -28.7% compared with the previous year. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 18%.
In value terms, aluminium; tubes and pipes imports reduced markedly to $461K in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year.
| Import of Aluminium; Tubes and Pipes in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 423 | 73.0 | 250 | 137 | -31.3% |
| China | 262 | 158 | 201 | 121 | -22.7% |
| Spain | 28.6 | 33.5 | 28.9 | 79.0 | 40.3% |
| Argentina | 6.7 | 31.6 | 7.6 | 42.0 | 84.4% |
| Hong Kong SAR | N/A | 24.3 | N/A | 29.3 | 9.8% |
| United States | 3.4 | 7.9 | 16.0 | 22.3 | 87.2% |
| Paraguay | 0.1 | N/A | N/A | 13.1 | 407.9% |
| Others | 53.9 | 24.5 | 42.3 | 18.5 | -30.0% |
| Total | 778 | 352 | 546 | 461 | -16.0% |
Top Suppliers of Aluminium; Tubes and Pipes to Uruguay in 2022:
- China (24.8 tons)
- Brazil (20.6 tons)
- Spain (12.9 tons)
- Hong Kong SAR (7.0 tons)
- Argentina (5.3 tons)
- Paraguay (2.5 tons)
- United States (2.2 tons)
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