Chlorides; of Aluminium Price in Angola - 2022

Contents:

  1. Chlorides; of Aluminium Price in Angola (CIF) - 2022
  2. Chlorides; of Aluminium Price in Angola (FOB) - 2022
  3. Chlorides; of Aluminium Imports in Angola
  4. Chlorides; of Aluminium Exports in Angola

Chlorides; of Aluminium Price in Angola (CIF) - 2022

The average chlorides; of aluminium import price stood at $1,509 per ton in 2022, picking up by 12% against the previous year. In general, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $3,876 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($5,551 per ton), while the price for Portugal ($1,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorides; of Aluminium Price in Angola (FOB) - 2022

In 2022, the average chlorides; of aluminium export price amounted to $1,777 per ton, with an increase of 250% against the previous year. Over the period under review, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2021 to 2022, the rate of growth in terms of prices for Ghana amounted to +249.8% per year.

Chlorides; of Aluminium Imports in Angola

In 2022, after two years of decline, there was significant growth in supplies from abroad of chlorides; of aluminia, when their volume increased by 78% to 145 tons. Overall, imports, however, continue to indicate a precipitous curtailment.

In value terms, chlorides; of aluminium imports surged to $219K in 2022. In general, imports, however, recorded a sharp contraction.

Import of Chlorides; of Aluminium in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18684.543.195.5-19.9%
Portugal88.322.214.445.0-20.1%
United States24.510.513.342.920.5%
United Kingdom12531.323.125.2-41.4%
Sweden25.717.49.74.3-44.9%
Others12.14.26.16.1-20.4%
Total462170110219-22.0%

Top Suppliers of Chlorides; of Aluminium to Angola in 2022:

  1. China (78.2 tons)
  2. Portugal (44.3 tons)
  3. United Kingdom (10.5 tons)
  4. United States (7.7 tons)
  5. Sweden (2.8 tons)

Chlorides; of Aluminium Exports in Angola

In 2022, the amount of chlorides; of aluminia exported from Angola contracted markedly to 1.5 tons, shrinking by -32.2% compared with 2021 figures. In general, exports showed a sharp decrease.

In value terms, chlorides; of aluminium exports soared to $2.7K in 2022. Overall, exports, however, saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorides; of Aluminium in Angola (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Ghana1.12.7145.5%
OthersN/AN/A0%
Total1.12.7145.5%

Top Export Markets for Chlorides; of Aluminium from Angola in 2022:

  1. Ghana (1.5 tons)

Source: IndexBox Market Intelligence Platform

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