Latin America and the Caribbean: Aluminium Alloy Bar Market 2020

Aluminium Alloy Bar Market Size in Latin America and the Caribbean

The revenue of the aluminium alloy bar market in Latin America and the Caribbean amounted to $X in 2017, coming up by X% against the previous year. The aluminium alloy bar consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The level of aluminium alloy bar consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Aluminium Alloy Bar Production in Latin America and the Caribbean

The aluminium alloy bar production stood at X tons in 2017, remaining constant against the previous year. The aluminium alloy bar production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. The volume of aluminium alloy bar production peaked in 2017, and is expected to retain its growth in the immediate term.

Aluminium Alloy Bar Exports in Latin America and the Caribbean

In 2017, the amount of aluminium alloy bars, rods, profiles and hollow profiles exported in Latin America and the Caribbean totaled X tons, growing by X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aluminium alloy bar exports increased by +X% against 2009 indices. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, aluminium alloy bar exports totaled $X in 2017. The total exports indicated a notable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aluminium alloy bar exports increased by +X% against 2009 indices. Over the period under review, the aluminium alloy bar exports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Aluminium Alloy Bar Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons) represented the largest exporter for aluminium alloy bars, rods, profiles and hollow profiles, mixed up X% of total exports. Ecuador (X tons) held the second position in the ranking, followed by Colombia (X tons), El Salvador (X tons), the Dominican Republic (X tons) and Brazil (X tons). All these countries together occupied approx. X% share of total exports. Venezuela (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to aluminium alloy bar exports from Mexico stood at +X%. At the same time, Venezuela (+X%), Ecuador (+X%) and the Dominican Republic (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. El Salvador experienced a relatively flat trend pattern. By contrast, Colombia (-X%) and Brazil (-X%) illustrated a downward trend over the same period. While the share of Brazil (X%) and Colombia (X%) increased significantly in terms of the global exports from 2007-2017, the share of the Dominican Republic (-X%), Venezuela (-X%), Ecuador (-X%) and Mexico (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest aluminium alloy bar supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Colombia ($X), with a X% share of global exports. It was followed by Ecuador, with a X% share.

In Mexico, aluminium alloy bar exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (-X% per year) and Ecuador (+X% per year).

Aluminium Alloy Bar Export Prices by Country in Latin America and the Caribbean

In 2017, the aluminium alloy bar export price in Latin America and the Caribbean amounted to $X per ton, going up by X% against the previous year. The aluminium alloy bar export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Dominican Republic (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Aluminium Alloy Bar Imports in Latin America and the Caribbean

In 2017, the amount of aluminium alloy bars, rods, profiles and hollow profiles imported in Latin America and the Caribbean amounted to X tons, rising by X% against the previous year. The aluminium alloy bar imports continue to indicate a strong growth. The pace of growth was the most pronounced in 2010, when imports increased by X% year-to-year. The volume of imports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, aluminium alloy bar imports amounted to $X in 2017. The aluminium alloy bar imports continue to indicate a strong expansion. Over the period under review, the aluminium alloy bar imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Aluminium Alloy Bar Imports by Country in Latin America and the Caribbean

Mexico prevails in aluminium alloy bar imports structure, recording X tons, which was near X% of total imports in 2017. Chile (X tons) ranks second in terms of the global imports with a X% share, followed by Colombia (X%), Peru (X%) and the Dominican Republic (X%). The following importers - Brazil (X tons), Argentina (X tons), Costa Rica (X tons), Panama (X tons), Honduras (X tons) and Bolivia (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to aluminium alloy bar imports into Mexico stood at +X%. At the same time, Argentina (+X%), Bolivia (+X%), Peru (+X%), Chile (+X%), Costa Rica (+X%), Brazil (+X%), the Dominican Republic (+X%), Honduras (+X%), Panama (+X%) and Colombia (+X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Argentina (-X%), Colombia (-X%), the Dominican Republic (-X%), Peru (-X%), Chile (-X%) and Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported aluminium alloy bars, rods, profiles and hollow profiles in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Colombia, with a X% share.

In Mexico, aluminium alloy bar imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Chile (+X% per year) and Colombia (+X% per year).

Aluminium Alloy Bar Import Prices by Country in Latin America and the Caribbean

The aluminium alloy bar import price in Latin America and the Caribbean stood at $X per ton in 2017, remaining relatively unchanged against the previous year. The aluminium alloy bar import price continues to indicate a slight downturn. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. In that year, the import prices for aluminium alloy bars, rods, profiles and hollow profiles reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for aluminium alloy bars, rods, profiles and hollow profiles stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Argentina ($X per ton), while Bolivia ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform