Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia - 2022

Contents:

1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia (CIF) - 2022
2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia (FOB) - 2022
3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia
4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia (CIF) - 2022

In March 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,911 per ton, growing by 9.3% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in May 2021 when the average import price increased by 28% m-o-m. Over the period under review, average import prices reached the peak figure in March 2022.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Italy ($8,161 per ton), while the price for India ($4,871 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $3,788 per ton, picking up by 6.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 27%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($4,514 per ton) and Thailand ($4,132 per ton), while the average price for exports to Vietnam ($3,274 per ton) and China ($3,880 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia

In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, when their volume decreased by -13.4% to 2.1K tons. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of 2.5K tons, and then declined in the following year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced to $9.6M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of $11M, and then fell in the following year.

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Indonesia in 2022:

1. China (1896.6 tons)
2. India (183.3 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Indonesia

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses exported from Indonesia expanded significantly to 265 tons, increasing by 9.7% on 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 60%. As a result, the exports attained the peak of 428 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $1M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Indonesia in 2022:

1. Vietnam (110.0 tons)
2. Pakistan (64.0 tons)
3. Malaysia (48.0 tons)
4. Thailand (36.0 tons)
5. China (5.3 tons)

Source: IndexBox Market Intelligence Platform