Price for Aluminium; Alloys, Hollow Profiles in Pakistan - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Pakistan (CIF) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Pakistan (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Pakistan
- Exports of Aluminium; Alloys, Hollow Profiles in Pakistan
Price for Aluminium; Alloys, Hollow Profiles in Pakistan (CIF) - 2023
In February 2023, the average aluminium; alloys, hollow profiles import price amounted to $4,498 per ton, growing by 24% against the previous month. Overall, import price indicated a perceptible expansion from February 2022 to February 2023: its price increased at an average monthly rate of +4.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, aluminium; alloys, hollow profiles import price increased by +23.5% against January 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 53% against the previous month. As a result, import price attained the peak level of $4,934 per ton. From November 2022 to February 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2022 to February 2023, the rate of growth in terms of prices for Belgium amounted to +28.3% per month.
Price for Aluminium; Alloys, Hollow Profiles in Pakistan (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $2,139 per ton, surging by 1.9% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The growth pace was the most rapid in 2016 an increase of 87%. As a result, the export price attained the peak level of $6,894 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($3,081 per ton), while the average price for exports to the United States stood at $2,083 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.2%).
Imports of Aluminium; Alloys, Hollow Profiles in Pakistan
In 2022, the amount of aluminium; alloys, hollow profileses imported into Pakistan surged to 978 tons, rising by 16% on the year before. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles imports fell to $1.8M in 2022. Over the period under review, imports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
| Import of Aluminium; Alloys, Hollow Profiles in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,234 | 1,214 | 1,361 | 1,232 | -0.1% |
| Japan | 1,090 | 285 | 301 | 280 | -36.4% |
| Belgium | 191 | 29.7 | 30.4 | 68.6 | -28.9% |
| Malaysia | 158 | 72.4 | 38.3 | 49.4 | -32.1% |
| Italy | 71.5 | 1.3 | 5.4 | 43.2 | -15.5% |
| Others | 305 | 85.4 | 134 | 106 | -29.7% |
| Total | 3,050 | 1,688 | 1,869 | 1,779 | -16.4% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Pakistan in 2022:
- China (822.8 tons)
- Japan (57.3 tons)
- Italy (43.6 tons)
- Malaysia (14.1 tons)
- Belgium (11.4 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Pakistan
In 2022, overseas shipments of aluminium; alloys, hollow profileses decreased by -48.5% to 15 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 3,176% against the previous year. As a result, the exports attained the peak of 29 tons, and then declined sharply in the following year.
In value terms, aluminium; alloys, hollow profiles exports fell dramatically to $32K in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,921% against the previous year. As a result, the exports attained the peak of $62K, and then contracted remarkably in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.1 | 2.8 | 41.7 | 30.3 | 143.4% |
| Guatemala | N/A | N/A | N/A | 1.8 | 0% |
| Senegal | N/A | N/A | 19.4 | N/A | 0% |
| Others | 0.1 | 0.2 | 0.9 | 0.5 | 71.0% |
| Total | 2.2 | 3.1 | 61.9 | 32.5 | 145.4% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Pakistan in 2022:
- United States (14.5 tons)
- Guatemala (0.6 tons)
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