Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia (FOB) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia (CIF) - 2022
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia (FOB) - 2023
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $330 per ton in December 2023, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 7.4% month-to-month. The export price peaked at $363 per ton in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In December 2023, the highest price was recorded for prices to Oman ($342 per ton) and Mozambique ($337 per ton), while the average price for exports to New Zealand ($322 per ton) and Egypt ($324 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,145 per ton in 2022, growing by 11% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 23% against the previous year. As a result, import price reached the peak level of $1,225 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,376 per ton), while the price for Italy ($760 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia
Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Australia reduced to 17M tons in 2022, declining by -6.7% on the previous year's figure. Overall, exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of 18M tons, and then dropped in the following year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded significantly to $6.2B in 2022. In general, exports, however, recorded a modest increase. The growth pace was the most rapid in 2021 when exports increased by 104% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bahrain | N/A | N/A | 112 | 1,042 | 830.4% |
United Arab Emirates | 1,366 | 461 | 574 | 801 | -16.3% |
South Africa | 372 | 167 | 37.1 | 485 | 9.2% |
Qatar | 9.0 | N/A | 32.6 | 472 | 274.3% |
Mozambique | 254 | 143 | 37.9 | 463 | 22.2% |
China | 2.2 | N/A | 45.5 | 361 | 447.5% |
India | N/A | N/A | 27.1 | 311 | 1047.6% |
Malaysia | 4.9 | 5.5 | 11.4 | 293 | 291.0% |
Canada | N/A | N/A | N/A | 278 | 0% |
Oman | 150 | 142 | 207 | 269 | 21.5% |
Iceland | N/A | N/A | N/A | 256 | 0% |
New Zealand | 164 | 78.7 | 18.0 | 236 | 12.9% |
Argentina | N/A | N/A | 21.5 | 164 | 662.8% |
Others | 3,577 | 1,866 | 4,715 | 764 | -40.2% |
Total | 5,901 | 2,863 | 5,839 | 6,195 | 1.6% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Australia in 2022:
- Bahrain (2.9M tons)
- United Arab Emirates (2.2M tons)
- South Africa (1.4M tons)
- Qatar (1.3M tons)
- Mozambique (1.2M tons)
- China (1.0M tons)
- India (0.9M tons)
- Canada (0.8M tons)
- Oman (0.8M tons)
- Malaysia (0.8M tons)
- Iceland (0.7M tons)
- New Zealand (0.7M tons)
- Argentina (0.5M tons)
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia
In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide imported into Australia skyrocketed to 20K tons, growing by 27% on the year before. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide soared to $23M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% 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 +62.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.6 | 7.9 | 10.5 | 13.8 | 17.1% |
India | 0.7 | 0.4 | 0.5 | 2.2 | 46.5% |
Germany | 2.4 | 2.1 | 2.0 | 1.9 | -7.5% |
Italy | 1.6 | 0.3 | 0.3 | 1.2 | -9.1% |
United States | 2.5 | 1.2 | 0.8 | 1.0 | -26.3% |
Spain | 0.3 | 0.3 | 0.3 | 0.7 | 32.6% |
Netherlands | 0.1 | 0.4 | 0.3 | 0.6 | 81.7% |
France | 1.3 | 0.7 | 0.8 | 0.5 | -27.3% |
Others | 1.5 | 0.9 | 1.1 | 1.3 | -4.7% |
Total | 19.1 | 14.3 | 16.4 | 23.2 | 6.7% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Australia in 2022:
- China (12.4K tons)
- India (2.7K tons)
- Italy (1.5K tons)
- Germany (1.1K tons)
- Netherlands (0.5K tons)
- France (0.4K tons)
- Spain (0.4K tons)
- United States (0.3K tons)
This report provides an in-depth analysis of the alumina market in Australia.
This report provides an in-depth analysis of the aluminium hydroxide market in Australia.
This report provides an in-depth analysis of the artificial corundum market in Australia.
This report provides an in-depth analysis of the global alumina market.
This report provides an in-depth analysis of the global aluminium hydroxide market.
This report provides an in-depth analysis of the global artificial corundum market.
This report provides an in-depth analysis of the alumina market in Australia.
This report provides an in-depth analysis of the aluminium hydroxide market in Australia.
This report provides an in-depth analysis of the artificial corundum market in Australia.
This report provides an in-depth analysis of the global alumina market.
In June 2023, the Alumina price in Australia stood at $345 per ton (FOB), declining by -4.6% compared to the previous month.
In August 2022, the aluminium hydroxide price amounted to $230 per ton (FOB, Australia), waning by -19.1% against the previous month.
In 2021, U.S. alumina imports rose by 12% to 1.3M tons or by 32% to $622M in value terms, while the domestic production declined.
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
The global trade in alumina amounted to X million USD in 2015, showing mild fluctuations over the period under review. A significant drop in 2009 was followed by recovery over the next two years, until exports slightly declined again. Overall, the
By virtue of its meteoric rise in exports, Brazil became one of the leaders in the global aluminium oxide trade. In 2014, Brazil exported X thousand tons of aluminium oxide totaling X million USD, X% over the previous year. Its primary tradi
In value terms, aluminum structures imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicate...
In value terms, aluminum structures exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indi...
In June 2023, the Alumina price in Australia stood at $345 per ton (FOB), declining by -4.6% compared to the previous month.