Chlorides; of Aluminium Price in China - 2023

Contents:

  1. Chlorides; of Aluminium Price in China (CIF) - 2022
  2. Chlorides; of Aluminium Price in China (FOB) - 2022
  3. Chlorides; of Aluminium Imports in China
  4. Chlorides; of Aluminium Exports in China

Chlorides; of Aluminium Price in China (CIF) - 2022

The average chlorides; of aluminium import price stood at $7,819 per ton in 2022, with an increase of 66% against the previous year. Overall, the import price recorded a strong increase. The growth pace was the most rapid in 2021 when the average import price increased by 232%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12,326 per ton), while the price for India ($1,341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in China (FOB) - 2022

In 2022, the average chlorides; of aluminium export price amounted to $556 per ton, declining by -27% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 29%. Over the period under review, the average export prices reached the peak figure at $762 per ton in 2021, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,375 per ton), while the average price for exports to Macao SAR ($302 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 Cambodia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Aluminium Imports in China

In 2022, the amount of chlorides; of aluminia imported into China reduced dramatically to 1.9K tons, waning by -28.9% against 2021 figures. Over the period under review, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 24%.

In value terms, chlorides; of aluminium imports surged to $15M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 313% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Chlorides; of Aluminium in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.21.310.913.7125.2%
India2.61.41.61.0-27.3%
Japan0.80.10.10.2-37.0%
Others0.30.20.30.30.0%
Total4.93.112.915.145.5%

Top Suppliers of Chlorides; of Aluminium to China in 2022:

  1. United States (1108.3 tons)
  2. India (750.8 tons)
  3. Japan (44.5 tons)

Chlorides; of Aluminium Exports in China

For the third consecutive year, China recorded decline in overseas shipments of chlorides; of aluminia, which decreased by -6% to 13K tons in 2022. Over the period under review, exports saw a abrupt descent.

In value terms, chlorides; of aluminium exports fell notably to $7.2M in 2022. Overall, exports saw a abrupt descent. The smallest decline of -4.6% was in 2020.

Export of Chlorides; of Aluminium in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia8161,6681,8331,10210.5%
Kazakhstan14815637875171.8%
Malaysia6902327327311.9%
Macao SAR19929828152838.4%
Niger508341665430-5.4%
Ethiopia19715918539926.5%
Indonesia846646252316-28.0%
Pakistan912735263290-31.7%
Bangladesh50.934436528176.7%
Ecuador173N/A39.62096.5%
Myanmar13883513.81625.5%
Hong Kong SAR24.310.412.914782.2%
United Arab Emirates20.52.418.174.753.9%
Others7,5506,2825,5271,825-37.7%
Total12,27411,70710,5667,246-16.1%

Top Export Markets for Chlorides; of Aluminium from China in 2022:

  1. Malaysia (2035.8 tons)
  2. Macao SAR (1746.0 tons)
  3. Niger (1264.1 tons)
  4. Ethiopia (1222.5 tons)
  5. Cambodia (1135.4 tons)
  6. Indonesia (697.0 tons)
  7. Pakistan (567.5 tons)
  8. Kazakhstan (546.2 tons)
  9. Bangladesh (508.2 tons)
  10. Ecuador (435.3 tons)
  11. Hong Kong SAR (369.1 tons)
  12. United Arab Emirates (247.8 tons)
  13. Myanmar (228.7 tons)

Source: IndexBox Market Intelligence Platform

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