Argentina: Aluminium Tube Market 2024

Aluminium Tube Market Size in Argentina

In 2022, after two years of growth, there was decline in the Argentinian aluminium tube market, when its value decreased by X% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Aluminium Tube Production in Argentina

In value terms, aluminium tube production rose slightly to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Aluminium Tube Exports

Exports from Argentina

In 2022, aluminium tube exports from Argentina skyrocketed to X tons, rising by X% on the year before. Over the period under review, exports, however, saw a significant decrease. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aluminium tube exports surged to $X in 2022. Overall, exports, however, faced a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Chile (X tons) was the main destination for aluminium tube exports from Argentina, with a X% share of total exports. Moreover, aluminium tube exports to Chile exceeded the volume sent to the second major destination, Brazil (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chile amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Uruguay (X% per year).

In value terms, the largest markets for aluminium tube exported from Argentina were Chile ($X), Brazil ($X) and Uruguay ($X), with a combined X% share of total exports.

Among the main countries of destination, Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average aluminium tube export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, showed notable growth. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Chile ($X 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 Brazil (X%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Tube Imports

Imports into Argentina

In 2022, purchases abroad of aluminium tubes, pipes and tube or pipe fittings decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, aluminium tube imports totaled $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), China (X tons) and Italy (X tons) were the main suppliers of aluminium tube imports to Argentina, together accounting for X% of total imports. Germany, Turkey, Thailand, Uruguay, the Netherlands and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and Thailand ($X) constituted the largest aluminium tube suppliers to Argentina, with a combined X% share of total imports. Italy, Germany, Turkey, the Netherlands, Uruguay and the United States lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Uruguay, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium tube import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Thailand ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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