Chlorides; of Aluminium Price in Italy - 2023

Contents:

  1. Chlorides; of Aluminium Price in Italy (CIF) - 2023
  2. Chlorides; of Aluminium Imports in Italy

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

In August 2023, the average chlorides; of aluminium import price amounted to $547 per ton, declining by -5.8% against the previous month. In general, import price indicated notable growth from August 2022 to August 2023: its price increased at an average monthly rate of +4.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, chlorides; of aluminium import price decreased by -14.6% against April 2023 indices. The pace of growth was the most pronounced in October 2022 when the average import price increased by 25% month-to-month. The import price peaked at $641 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($2,945 per ton), while the price for Turkey amounted to $793 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Imports in Italy

Chlorides; of aluminium imports into Italy contracted to 21K tons in 2022, dropping by -6.4% compared with the year before. In general, imports showed a mild setback. The pace of growth was the most pronounced in 2021 when imports increased by 1.7% against the previous year. As a result, imports reached the peak of 23K tons, and then declined in the following year.

In value terms, chlorides; of aluminium imports skyrocketed to $9M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +66.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Aluminium in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3.84.44.66.217.7%
Germany0.60.30.51.432.6%
India0.50.50.60.921.6%
Spain0.10.10.20.344.2%
Others0.40.30.30.2-20.6%
Total5.45.76.29.018.6%

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

  1. Austria (19.4K tons)
  2. Germany (0.7K tons)
  3. India (0.6K tons)
  4. Spain (0.5K tons)

Source: IndexBox Market Intelligence Platform

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