Chlorides; of Aluminium Price in Canada - 2023

Chlorides; of Aluminium Price in Canada (CIF) - 2023

In June 2023, the average chlorides; of aluminium import price amounted to $944 per ton, reducing by -10.1% against the previous month. Overall, the import price continues to indicate a mild slump. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 36% against the previous month. As a result, import price attained the peak level of $1,617 per ton. From December 2022 to June 2023, the average 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 the United States ($987 per ton), while the price for India ($457 per ton) was amongst the lowest.

From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.5%), while the prices for the other major suppliers experienced a decline.

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

The average chlorides; of aluminium export price stood at $1,204 per ton in 2022, with a decrease of -30.4% against the previous year. Overall, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 194%. The export price peaked at $3,440 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +7.9% per year.

Chlorides; of Aluminium Imports in Canada

After three years of growth, supplies from abroad of chlorides; of aluminia decreased by -4% to 5.1K tons in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 6.6% against the previous year. As a result, imports reached the peak of 5.3K tons, and then declined in the following year.

In value terms, chlorides; of aluminium imports skyrocketed to $6.5M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% 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 +54.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Aluminium in Canada (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.0	3.9	4.2	6.0	6.3%
Japan	N/A	N/A	N/A	0.1	0%
Netherlands	N/A	N/A	0.1	N/A	0%
Others	0.3	0.3	0.2	0.4	10.1%
Total	5.4	4.2	4.6	6.5	6.4%

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

United States (4.7K tons)
Japan (0.1K tons)
Netherlands (0.1K tons)

Chlorides; of Aluminium Exports in Canada

In 2022, approx. 393 tons of chlorides; of aluminia were exported from Canada; increasing by 147% on the year before. In general, exports posted a significant increase. 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 soared to $473K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.