Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia (CIF) - 2022
In 2022, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,445 per ton, growing by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The growth pace was the most rapid in 2014 an increase of 68%. As a result, import price attained the peak level of $2,625 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,674 per ton), while the price for Germany ($1,149 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,846 per ton, waning by -39.9% against the previous year. Over the period under review, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 183%. Over the period under review, the average export prices attained the maximum at $7,534 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($2,161 per ton), while the average price for exports to Latvia ($1,323 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 Finland (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia
In 2022, approx. 395 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Estonia; picking up by 15% against 2021. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $571K in 2022. The total import value increased at an average annual rate of +9.8% from 2019 to 2022; 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.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 336 | 530 | 308 | 433 | 8.8% |
| Germany | 30.7 | 7.3 | 44.4 | 85.7 | 40.8% |
| China | 30.0 | 7.9 | N/A | 21.8 | -10.1% |
| Others | 35.3 | 22.5 | 58.7 | 30.9 | -4.3% |
| Total | 432 | 568 | 411 | 571 | 9.7% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Estonia in 2022:
- Netherlands (302.1 tons)
- Germany (74.7 tons)
- China (8.1 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia
In 2022, exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Estonia shrank to 7.6 tons, with a decrease of -5.6% on 2021 figures. Over the period under review, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 75%.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide contracted markedly to $14K in 2022. Overall, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 62%.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1.8 | 1.6 | 3.4 | 9.3 | 72.9% |
| Latvia | 1.2 | N/A | 0.1 | 4.2 | 51.8% |
| Lithuania | 0.8 | N/A | 0.1 | 0.3 | -27.9% |
| Russia | 31.6 | 13.3 | 18.9 | N/A | -22.7% |
| Germany | 2.7 | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | 1.1 | N/A | 0% |
| Others | 0.4 | 0.4 | 1.0 | 0.3 | -9.1% |
| Total | 38.6 | 15.3 | 24.7 | 14.0 | -28.7% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Estonia in 2022:
- Finland (4.3 tons)
- Latvia (3.1 tons)
- Lithuania (0.1 tons)
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