Price for Aluminium; Tubes and Pipes in Australia - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Australia (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in Australia (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Australia
- Exports of Aluminium; Tubes and Pipes in Australia
Price for Aluminium; Tubes and Pipes in Australia (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $4,645 per ton, with an increase of 15% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($14,899 per ton), while the price for Japan ($3,031 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Australia (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $6,686 per ton in 2022, dropping by -7.4% against the previous year. Overall, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2018 when the average export price increased by 75%. As a result, the export price attained the peak level of $14,390 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Solomon Islands ($34,649 per ton), while the average price for exports to India ($2,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Solomon Islands (+28.5%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Tubes and Pipes in Australia
Aluminium; tubes and pipes imports into Australia reduced modestly to 6.3K tons in 2022, with a decrease of -2.8% against the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 71% against the previous year. As a result, imports attained the peak of 6.4K tons, and then declined in the following year.
In value terms, aluminium; tubes and pipes imports totaled $29M in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Aluminium; Tubes and Pipes in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 3.5 | 13.5 | 17.2 | 75.2% |
| Vietnam | 5.3 | 5.4 | 6.9 | 4.6 | -4.6% |
| Indonesia | 1.6 | 1.3 | 1.3 | 2.0 | 7.7% |
| Thailand | 0.5 | 0.6 | 0.7 | 0.9 | 21.6% |
| Others | 3.6 | 2.5 | 3.6 | 4.3 | 6.1% |
| Total | 14.1 | 13.3 | 26.1 | 29.1 | 27.3% |
Top Suppliers of Aluminium; Tubes and Pipes to Australia in 2022:
- China (4.0K tons)
- Vietnam (1.1K tons)
- Indonesia (0.5K tons)
- Thailand (0.2K tons)
Exports of Aluminium; Tubes and Pipes in Australia
In 2022, the amount of aluminium; tubes and pipeses exported from Australia soared to 297 tons, picking up by 333% on the previous year's figure. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; tubes and pipes exports surged to $2M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Tubes and Pipes in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 131 | 369 | 363 | 1,674 | 133.8% |
| India | N/A | N/A | 3.4 | 15.9 | 367.6% |
| Singapore | 31.2 | 142 | 3.2 | 7.1 | -38.9% |
| United States | 90.7 | 317 | 17.7 | 6.3 | -58.9% |
| Others | 110 | 181 | 108 | 281 | 36.7% |
| Total | 363 | 1,009 | 495 | 1,984 | 76.1% |
Top Export Markets for Aluminium; Tubes and Pipes from Australia in 2022:
- New Zealand (274.8 tons)
- India (7.3 tons)
- Singapore (1.0 tons)
- United States (0.6 tons)
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