Chlorides; of Aluminium Price in the UK - 2023
Contents:
- Chlorides; of Aluminium Price in the UK (CIF) - 2023
- Chlorides; of Aluminium Price in the UK (FOB) - 2023
- Chlorides; of Aluminium Imports in the UK
- Chlorides; of Aluminium Exports in the UK
Chlorides; of Aluminium Price in the UK (CIF) - 2023
In June 2023, the average chlorides; of aluminium import price amounted to $1,245 per ton, growing by 51% against the previous month. Over the period under review, the import price enjoyed a moderate increase. The import price peaked at $1,440 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1,369 per ton), while the price for Spain ($541 per ton) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Aluminium Price in the UK (FOB) - 2023
In June 2023, the average chlorides; of aluminium export price amounted to $381 per ton, falling by -41.3% against the previous month. Overall, the export price showed a pronounced decline. The pace of growth was the most pronounced in January 2023 when the average export price increased by 52% against the previous month. The export price peaked at $817 per ton in March 2023; however, from April 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($1,235 per ton), while the average price for exports to Denmark ($290 per ton) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Aluminium Imports in the UK
In 2022, imports of chlorides; of aluminia into the UK soared to 9.2K tons, growing by 56% against the year before. Over the period under review, imports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2020 when imports increased by 57%. As a result, imports reached the peak of 16K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, chlorides; of aluminium imports surged to $8.6M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chlorides; of Aluminium in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.7 | 2.1 | 2.3 | 5.1 | 44.2% |
| Germany | 0.4 | 2.4 | 2.0 | 2.4 | 81.7% |
| Netherlands | 0.9 | 0.1 | 0.6 | 0.7 | -8.0% |
| Finland | 0.9 | 1.6 | N/A | N/A | 77.8% |
| Others | 0.7 | 0.1 | 0.1 | 0.5 | -10.6% |
| Total | 4.5 | 6.3 | 5.0 | 8.6 | 24.1% |
Top Suppliers of Chlorides; of Aluminium to the UK in 2022:
- India (4.9K tons)
- Germany (2.6K tons)
- Netherlands (1.2K tons)
- Finland (0.1K tons)
Chlorides; of Aluminium Exports in the UK
For the fourth year in a row, the UK recorded growth in overseas shipments of chlorides; of aluminia, which increased by 45% to 5.7K tons in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 increased by +53.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of aluminium exports skyrocketed to $2.9M in 2022. In general, exports, however, recorded a pronounced decline.
| Export of Chlorides; of Aluminium in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 274 | 315 | 920 | 1,377 | 71.3% |
| Netherlands | 240 | 105 | 425 | 597 | 35.5% |
| Switzerland | 116 | 171 | 219 | 159 | 11.1% |
| Austria | 2.7 | 1.5 | 165 | 122 | 256.2% |
| Germany | 1,008 | 849 | 50.2 | 104 | -53.1% |
| United States | 4.1 | 6.7 | 19.4 | 97.2 | 187.3% |
| France | 831 | 741 | 91.5 | 82.6 | -53.7% |
| Denmark | 26.5 | 49.4 | 57.2 | 74.1 | 40.9% |
| Norway | 71.6 | 49.2 | 58.0 | 43.7 | -15.2% |
| Belgium | 151 | 104 | 92.3 | 12.3 | -56.7% |
| Poland | 157 | 114 | N/A | N/A | -27.4% |
| Others | 288 | 347 | 236 | 251 | -4.5% |
| Total | 3,170 | 2,853 | 2,332 | 2,920 | -2.7% |
Top Export Markets for Chlorides; of Aluminium from the UK in 2022:
- Ireland (4283.5 tons)
- Netherlands (397.3 tons)
- Denmark (247.4 tons)
- Austria (203.3 tons)
- Switzerland (155.6 tons)
- United States (102.0 tons)
- Germany (90.4 tons)
- Norway (67.4 tons)
- France (14.2 tons)
- Belgium (7.7 tons)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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