Price for Aluminium; Alloys, Hollow Profiles in China - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in China (FOB) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in China (CIF) - 2023
- Exports of Aluminium; Alloys, Hollow Profiles in China
- Imports of Aluminium; Alloys, Hollow Profiles in China
Price for Aluminium; Alloys, Hollow Profiles in China (FOB) - 2023
In June 2023, the average aluminium; alloys, hollow profiles export price amounted to $3,433 per ton, leveling off at the previous month. Overall, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in January 2023 an increase of 2.4% m-o-m. The export price peaked at $4,119 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In June 2023, the highest price was recorded for prices to India ($3,962 per ton) and Mexico ($3,815 per ton), while the average price for exports to the Dominican Republic ($2,957 per ton) and South Africa ($3,070 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-0.4%), while the prices for the other major destinations experienced a decline.
Price for Aluminium; Alloys, Hollow Profiles in China (CIF) - 2023
In June 2023, the average aluminium; alloys, hollow profiles import price amounted to $8,191 per ton, surging by 6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $10,167 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($17,443 per ton), while the price for Indonesia ($1,452 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in China
In 2022, aluminium; alloys, hollow profiles exports from China declined to 522K tons, remaining constant against the year before. Over the period under review, exports saw a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 3%.
In value terms, aluminium; alloys, hollow profiles exports shrank to $1.7B in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of $1.9B, and then reduced in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 226 | 179 | 197 | 175 | -8.2% |
| Philippines | 63.6 | 58.9 | 97.8 | 88.6 | 11.7% |
| Australia | 71.0 | 61.4 | 88.0 | 78.2 | 3.3% |
| Thailand | 41.0 | 60.5 | 84.4 | 73.9 | 21.7% |
| Mexico | 39.8 | 46.3 | 64.9 | 72.0 | 21.8% |
| Israel | 43.1 | 45.0 | 61.1 | 68.1 | 16.5% |
| Malaysia | 50.3 | 43.6 | 68.7 | 64.2 | 8.5% |
| South Africa | 54.5 | 57.9 | 81.4 | 62.0 | 4.4% |
| Colombia | 24.1 | 26.5 | 44.1 | 46.6 | 24.6% |
| United Kingdom | 57.5 | 40.5 | 64.6 | 44.0 | -8.5% |
| India | 30.4 | 21.2 | 32.5 | 41.8 | 11.2% |
| Dominican Republic | 19.5 | 22.9 | 43.2 | 41.7 | 28.8% |
| Chile | 31.7 | 29.3 | 48.7 | 36.8 | 5.1% |
| Others | 789 | 766 | 911 | 780 | -0.4% |
| Total | 1,541 | 1,459 | 1,887 | 1,673 | 2.8% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from China in 2022:
- Vietnam (57.5K tons)
- Philippines (28.8K tons)
- Israel (23.0K tons)
- Australia (22.8K tons)
- South Africa (21.2K tons)
- Thailand (21.1K tons)
- Mexico (20.6K tons)
- Malaysia (20.0K tons)
- Colombia (15.0K tons)
- Dominican Republic (14.6K tons)
- United Kingdom (12.1K tons)
- India (11.8K tons)
- Chile (11.5K tons)
Imports of Aluminium; Alloys, Hollow Profiles in China
In 2022, after three years of growth, there was decline in supplies from abroad of aluminium; alloys, hollow profileses, when their volume decreased by -1% to 5.2K tons. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 1.7%. As a result, imports reached the peak of 5.2K tons, and then shrank slightly in the following year.
In value terms, aluminium; alloys, hollow profiles imports fell to $41M in 2022. The total import value increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $46M, and then contracted in the following year.
| Import of Aluminium; Alloys, Hollow Profiles in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 4.9 | 9.5 | 10.6 | 57.8% |
| Germany | 6.2 | 7.8 | 13.7 | 8.4 | 10.7% |
| South Korea | 10.8 | 6.2 | 3.7 | 5.0 | -22.6% |
| Japan | 3.1 | 3.3 | 2.8 | 3.6 | 5.1% |
| Vietnam | 0.6 | 0.1 | N/A | 1.1 | 22.4% |
| Thailand | 0.9 | 0.8 | 1.3 | 1.0 | 3.6% |
| Philippines | 0.3 | 0.4 | 0.3 | 0.2 | -12.6% |
| Taiwan (Chinese) | 4.3 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 12.0 | 15.2 | 11.1 | 49.8% |
| Total | 32.2 | 35.5 | 46.5 | 41.0 | 8.4% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to China in 2022:
- South Korea (916.6 tons)
- Germany (890.0 tons)
- Japan (677.4 tons)
- United States (631.9 tons)
- Thailand (248.0 tons)
- Vietnam (128.2 tons)
- Philippines (64.8 tons)
414
This report provides an in-depth analysis of the aluminium bar market in China.
393
This report provides an in-depth analysis of the non-alloy aluminium bar market in China.
1446
This report provides an in-depth analysis of the global aluminium bar market.
756
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
276
This report provides an in-depth analysis of the aluminium alloy bar market in China.
414
This report provides an in-depth analysis of the aluminium bar market in China.
393
This report provides an in-depth analysis of the non-alloy aluminium bar market in China.
392
Global Aluminium Alloy Bar Market Report 2018. This report provides an in-depth analysis of the global aluminium alloy bar market.
1446
This report provides an in-depth analysis of the global aluminium bar market.
756
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
158
Aluminium Bar exports reached a peak of 1.2M tons in 2015 but have since remained at a lower figure from 2016 to 2023. In terms of value, exports of Aluminium Bar decreased to $3.4B in 2023.
515
Aluminium bar prices stayed steady at $3,631/ton (FOB, China) in February 2023, compared to the preceding month.
121
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
283
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
819
In value terms, aluminium wire imports totaled $X in 2016. Overall, aluminium wire imports continue to indicate a slight descent. Global aluminium wire import peaked of $X in 2011; however, from X>
1247
In value terms, aluminium wire exports amounted to $X in 2016. In general, aluminium wire exports continue to indicate a relatively flat trend pattern. Over the period under review, global aluminiu...
1408
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
773
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
1925
China dominates in the global aluminium bar, rod and profile trade. In 2014, China exported X thousand tons of aluminium bars, rods and profiles totaling X million USD, X% over the previous year. Its primary trading partner was Malaysia, where
158
Aluminium Bar exports reached a peak of 1.2M tons in 2015 but have since remained at a lower figure from 2016 to 2023. In terms of value, exports of Aluminium Bar decreased to $3.4B in 2023.
