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Brazil - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Brazil - Aluminium Alloy Wire - Market Analysis, Forecast, Size, Trends And Insights

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Jan 9, 2023

Brazil's Aluminium Alloy Wire Price Stands at $4,365 per Ton

Brazil Aluminium Alloy Wire Import Price in August 2022

In August 2022, the aluminium alloy wire price stood at $4,365 per ton (CIF, Brazil), stabilizing at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 an increase of 21% month-to-month. Over the period under review, average import prices hit record highs at $4,833 per ton in February 2022; however, from March 2022 to August 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Italy ($6,044 per ton), while the price for Oman ($3,336 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by India (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Brazil Aluminium Alloy Wire Imports

In August 2022, the amount of aluminium alloy wire imported into Brazil shrank markedly to 549 tons, declining by -36.9% against July 2022 figures. Over the period under review, imports, however, continue to indicate a pronounced expansion. The pace of growth appeared the most rapid in July 2022 with an increase of 115% against the previous month. As a result, imports reached the peak of 870 tons, and then shrank remarkably in the following month.

In value terms, aluminium alloy wire imports dropped significantly to $2.4M (IndexBox estimates) in August 2022. In general, imports, however, posted a perceptible expansion. The pace of growth was the most pronounced in July 2022 with an increase of 101% m-o-m. As a result, imports attained the peak of $3.8M, and then shrank rapidly in the following month.

Brazil Aluminium Alloy Wire Imports by Country

China (248 tons), Argentina (136 tons) and India (54 tons) were the main suppliers of aluminium alloy wire imports to Brazil, with a combined 80% share of total imports.

From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($1.1M) constituted the largest supplier of aluminium alloy wire to Brazil, comprising 47% of total imports. The second position in the ranking was taken by Argentina ($479K), with a 20% share of total imports. It was followed by India, with a 12% share.

From January 2022 to August 2022, the average monthly growth rate of value from China totaled +1.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Argentina (+18.2% per month) and India (+28.8% per month).

Factors Affecting Aluminium Alloy Prices

Aluminium is one of the most popular materials used in manufacturing and construction due to its strong yet lightweight properties. As a result, the price of aluminium alloy wire can vary significantly depending on market conditions.

In Brazil, the price of aluminium alloy wire is currently at an all-time high due to a combination of local and global factors. First, there has been an increase in demand for aluminium products globally as economies have begun to recover from the Covid-19 pandemic. Second, Brazil is one of the largest producers and exporters of aluminium in the world, so any increase in global demand will cause prices to rise locally as well. Finally, Brazil's currency, the Real, has been weakening against the US dollar recently, making Brazilian exports more expensive for buyers in other countries.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium alloy wire market in Brazil. 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:

  • Brazil

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Brazil
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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