Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Qatar - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Qatar (CIF) - 2023
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Qatar
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Qatar (CIF) - 2023
In October 2023, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $358 per ton, therefore, remained relatively stable against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 6.4% month-to-month. As a result, import price attained the peak level of $387 per ton. From April 2023 to October 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From October 2022 to October 2023, the rate of growth in terms of prices for Australia amounted to 0.0% per month.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Qatar
In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide imported into Qatar was estimated at 971K tons, therefore, remained relatively stable against 2021. Over the period under review, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide soared to $399M in 2022. In general, total imports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.3% 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 +99.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 290 | 168 | 319 | 398 | 11.1% |
| Brazil | 70.4 | 29.8 | N/A | N/A | -57.7% |
| Others | 1.2 | 1.8 | 12.1 | 0.5 | -25.3% |
| Total | 362 | 200 | 331 | 399 | 3.3% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Qatar in 2022:
- Australia (970.5K tons)
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