Price for Aluminium; Alloys, Hollow Profiles in Iran - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Iran (FOB) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Iran (CIF) - 2022
- Exports of Aluminium; Alloys, Hollow Profiles in Iran
- Imports of Aluminium; Alloys, Hollow Profiles in Iran
Price for Aluminium; Alloys, Hollow Profiles in Iran (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $3,300 per ton, increasing by 29% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; alloys, hollow profiles export price increased by +59.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($5,177 per ton), while the average price for exports to Afghanistan ($2,649 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 Armenia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Iran (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $4,453 per ton in 2022, increasing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Taiwan (Chinese) ($6,913 per ton), while the price for Italy ($3,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in Iran
In 2022, the amount of aluminium; alloys, hollow profileses exported from Iran dropped sharply to 1.4K tons, with a decrease of -19.8% on the previous year's figure. In general, exports showed a deep slump. The smallest decline of -1.4% was in 2020.
In value terms, aluminium; alloys, hollow profiles exports rose slightly to $4.7M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 3.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Aluminium; Alloys, Hollow Profiles in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 3.2 | 3.2 | 4.3 | 4.1 | 8.6% |
| Armenia | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Afghanistan | 1.1 | 1.2 | 0.1 | 0.2 | -43.3% |
| Others | 0.2 | 0.1 | N/A | 0.1 | -20.6% |
| Total | 4.5 | 4.4 | 4.6 | 4.7 | 1.5% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Iran in 2022:
- Iraq (1267.9 tons)
- Afghanistan (77.4 tons)
- Armenia (64.3 tons)
Imports of Aluminium; Alloys, Hollow Profiles in Iran
In 2022, purchases abroad of aluminium; alloys, hollow profileses decreased by -64.3% to 303 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 67% against the previous year. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium; alloys, hollow profiles imports contracted markedly to $1.3M in 2022. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports attained the peak of $4.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Aluminium; Alloys, Hollow Profiles in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 186 | 166 | 408 | 633 | 50.4% |
| United Arab Emirates | 215 | 565 | 160 | 263 | 6.9% |
| Turkey | 1,869 | 3,131 | 2,083 | 178 | -54.3% |
| South Korea | 31.8 | 149 | 133 | 91.9 | 42.4% |
| Italy | 53.4 | 260 | 177 | 83.9 | 16.3% |
| Taiwan (Chinese) | 13.6 | 39.4 | 42.6 | 35.6 | 37.8% |
| Others | 45.3 | 78.9 | 119 | 62.0 | 11.0% |
| Total | 2,413 | 4,390 | 3,122 | 1,348 | -17.6% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Iran in 2022:
- China (142.6 tons)
- United Arab Emirates (70.2 tons)
- Turkey (28.7 tons)
- Italy (27.8 tons)
- South Korea (15.2 tons)
- Taiwan (Chinese) (5.1 tons)
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