Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway (CIF) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway (CIF) - 2023
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $364 per ton in December 2023, approximately reflecting the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 6.4% against the previous month. Over the period under review, average import prices hit record highs at $381 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Brazil ($365 per ton), while the price for Spain ($329 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Brazil (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $70 per ton, with a decrease of -15% against the previous year. Over the period under review, the export price saw a dramatic decrease. The most prominent rate of growth was recorded in 2013 an increase of 41% against the previous year. The export price peaked at $1,342 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($8,235 per ton), while the average price for exports to Germany ($42 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 India (+921.0%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway
In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium oxide (including artificial corundum); aluminium hydroxide, when their volume decreased by -5.3% to 2.7M tons. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.5% against the previous year. As a result, imports attained the peak of 2.8M tons, and then reduced in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded significantly to $1.1B in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 597 | 587 | 761 | 841 | 12.1% |
| Spain | 109 | 140 | 178 | 164 | 14.6% |
| Australia | 78.3 | 39.6 | N/A | 38.6 | -21.0% |
| Jamaica | 71.6 | N/A | N/A | N/A | 0% |
| Others | 84.8 | 36.9 | 18.9 | 18.2 | -40.1% |
| Total | 941 | 804 | 958 | 1,063 | 4.1% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Norway in 2022:
- Brazil (2158.2K tons)
- Spain (411.6K tons)
- Australia (87.5K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway
Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Norway soared to 10K tons in 2022, picking up by 61% on 2021. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 75% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide surged to $724K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 80%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 11.5 | 0.1 | 303 | 255 | 180.9% |
| Germany | 3.5 | 34.6 | 25.9 | 197 | 283.2% |
| United Kingdom | 34.2 | 39.0 | 34.5 | 34.9 | 0.7% |
| Denmark | 18.8 | 196 | 88.7 | 7.1 | -27.7% |
| Sweden | 77.2 | 83.5 | 8.5 | 3.9 | -63.0% |
| Thailand | 35.4 | 11.2 | 5.6 | N/A | -60.2% |
| Others | 89.2 | 121 | 63.7 | 227 | 36.5% |
| Total | 270 | 486 | 529 | 724 | 38.9% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Norway in 2022:
- Italy (4.8K tons)
- Germany (4.7K tons)
- United Kingdom (0.6K tons)
772
This report provides an in-depth analysis of the alumina market in Norway.
479
This report provides an in-depth analysis of the aluminium hydroxide market in Norway.
320
This report provides an in-depth analysis of the artificial corundum market in Norway.
1725
This report provides an in-depth analysis of the global alumina market.
1080
This report provides an in-depth analysis of the global aluminium hydroxide market.
586
This report provides an in-depth analysis of the global artificial corundum market.
772
This report provides an in-depth analysis of the alumina market in Norway.
479
This report provides an in-depth analysis of the aluminium hydroxide market in Norway.
320
This report provides an in-depth analysis of the artificial corundum market in Norway.
1725
This report provides an in-depth analysis of the global alumina market.
953
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.
1641
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...
1298
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...
1255
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
497
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
1412
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...
1193
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...
953
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.
1641
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...
1298
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...
