Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Angola - 2022

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Angola (CIF) - 2022
  2. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Angola

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Angola (CIF) - 2022

The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $3,225 per ton in 2022, shrinking by -24.1% against the previous year. In general, the import price, however, posted modest growth. The most prominent rate of growth was recorded in 2020 an increase of 55%. Over the period under review, average import prices reached the maximum at $4,247 per ton in 2021, and then declined notably in the following year.

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 South Africa ($7,559 per ton), while the price for India ($1,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Angola

In 2022, purchases abroad of aluminium oxide (including artificial corundum); aluminium hydroxide was finally on the rise to reach 63 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic downturn.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide soared to $204K in 2022. Overall, imports, however, continue to indicate a abrupt decrease.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France71.4N/AN/A59.6-5.8%
United Kingdom3.635.1N/A12.451.0%
NetherlandsN/AN/A0.810.21175.0%
South AfricaN/A1.50.49.1146.3%
IndiaN/AN/AN/A2.50%
United States3.979.01.12.1-18.6%
MozambiqueN/AN/AN/A2.10%
China2.42510.60.6-37.0%
Others21114.923.1105-20.8%
Total29238125.9204-11.3%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Angola in 2022:

  1. France (19.2 tons)
  2. Netherlands (5.6 tons)
  3. United Kingdom (3.4 tons)
  4. India (2.4 tons)
  5. South Africa (1.2 tons)
  6. Mozambique (0.9 tons)
  7. United States (0.4 tons)
  8. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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