MERCOSUR: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in MERCOSUR

The MERCOSUR market for aluminium alloy plates, sheets and strip of thickness over X mm declined slightly to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in MERCOSUR

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production of reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports in MERCOSUR

In 2022, shipments abroad of aluminium alloy plates, sheets and strip of thickness over X mm was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2022. Overall, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Brazil (X tons) represented the main exporter of aluminium alloy plates, sheets and strip of thickness over X mm in MERCOSUR, mixing up X% of total export.

Brazil was also the fastest-growing in terms of the aluminium alloy plates, sheets and strip of thickness over X mm exports, with a CAGR of X% from 2012 to 2022. While the share of Brazil (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier in MERCOSUR.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to X% per year.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports in MERCOSUR

In 2022, the amount of aluminium alloy plates, sheets and strip of thickness over X mm imported in MERCOSUR skyrocketed to X tons, picking up by X% against 2021. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2022. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Brazil was the largest importer of aluminium alloy plates, sheets and strip of thickness over X mm in MERCOSUR, with the volume of imports reaching X tons, which was near X% of total imports in 2022. Colombia (X tons) held the second position in the ranking, followed by Argentina (X tons), Chile (X tons) and Paraguay (X tons). All these countries together held approx. X% share of total imports. Ecuador (X tons) took a minor share of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Paraguay (X%), Argentina (X%), Colombia (X%), Chile (X%) and Ecuador (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. While the share of Paraguay (X p.p.), Argentina (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported aluminium alloy plates, sheets and strip of thickness over X mm in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform