Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,907 per ton in 2022, rising by 15% against the previous year. Overall, the import price saw a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual 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 France ($7,479 per ton), while the price for Bosnia and Herzegovina ($473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $7,088 per ton in 2022, jumping by 55% against the previous year. Overall, the export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 570% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($81,622 per ton), while the average price for exports to Germany ($183 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 Montenegro (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia
In 2022, approx. 1.3K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Croatia; falling by -2% on 2021 figures. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded remarkably to $2.5M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.9% 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 +112.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 88%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 270 | 510 | 1,066 | 1,492 | 76.8% |
| Slovenia | 945 | 436 | 701 | 559 | -16.1% |
| France | 52.4 | 1.6 | 199 | 157 | 44.2% |
| Netherlands | 184 | 40.1 | 46.0 | 111 | -15.5% |
| Bosnia and Herzegovina | 523 | 56.7 | 65.0 | 68.2 | -49.3% |
| Austria | 25.5 | 19.6 | 51.5 | 47.6 | 23.1% |
| Italy | 46.0 | 22.3 | 29.9 | 42.8 | -2.4% |
| Others | 89.7 | 110 | 94.1 | 62.5 | -11.3% |
| Total | 2,137 | 1,197 | 2,252 | 2,541 | 5.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Croatia in 2022:
- Germany (647.8 tons)
- Slovenia (422.5 tons)
- Bosnia and Herzegovina (144.1 tons)
- Netherlands (33.1 tons)
- Italy (28.6 tons)
- Austria (26.2 tons)
- France (21.0 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia
In 2022, shipments abroad of aluminium oxide (including artificial corundum); aluminium hydroxide increased by 51% to 26 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a precipitous setback.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide surged to $183K in 2022. Overall, exports, however, saw a sharp reduction.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 4.2 | 59.8 | 94.8 | 375.1% |
| Israel | N/A | N/A | N/A | 48.0 | 0% |
| Slovenia | 6.4 | 14.3 | 9.3 | 30.3 | 67.9% |
| Bosnia and Herzegovina | 7.0 | 1.3 | 1.8 | 4.0 | -17.0% |
| Germany | N/A | N/A | N/A | 0.2 | 0% |
| Italy | 648 | 14.2 | N/A | N/A | -97.8% |
| Others | 0.1 | 1.7 | 7.1 | 5.7 | 284.9% |
| Total | 661 | 35.6 | 78.0 | 183 | -34.8% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Croatia in 2022:
- United States (15.9 tons)
- Slovenia (4.5 tons)
- Bosnia and Herzegovina (3.6 tons)
- Germany (1.0 tons)
- Israel (0.6 tons)
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