Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,220 per ton in 2022, waning by -9% against the previous year. In general, the import price recorded a slight downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $3,676 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Bahrain.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.7% per year.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $6,189 per ton, falling by -4.8% against the previous year. Overall, the export price faced a deep reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 154% against the previous year. The export price peaked at $19,046 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.3% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia
Imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Australia surged to 39 tons in 2022, picking up by 30% against the previous year's figure. In general, imports, however, faced a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 114%.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $127K in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 113% against the previous year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 44.1 | 39.0 | 107 | 121 | 40.0% |
| China | 27.7 | 9.6 | N/A | N/A | -65.3% |
| Malaysia | 106 | N/A | N/A | N/A | 0% |
| Others | 10.2 | 1.7 | N/A | 5.7 | -17.6% |
| Total | 188 | 50.3 | 107 | 127 | -12.3% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Australia in 2022:
- Bahrain (39.0 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia
In 2022, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Australia soared to 7.1 tons, jumping by 215% compared with the previous year's figure. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 380%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms surged to $44K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 491% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 2.5 | N/A | 43.7 | 318.1% |
| Papua New Guinea | 4.7 | N/A | 14.5 | N/A | 75.6% |
| Spain | 19.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 23.7 | 2.5 | 14.6 | 43.7 | 22.6% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Australia in 2022:
- China (7.1 tons)
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