Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka - 2022
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $886 per ton in 2022, growing by 6.9% against the previous year. In general, the import price, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. The import price peaked at $1,058 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,884 per ton), while the price for India ($657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $565 per ton in 2022, which is down by -56.7% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 144%. As a result, the export price attained the peak level of $3,204 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -3.3% per year.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka
For the fourth consecutive year, Sri Lanka recorded growth in overseas purchases of aluminium oxide (including artificial corundum); aluminium hydroxide, which increased by 7.3% to 2.1K tons in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded markedly to $1.9M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 +67.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 134 | 427 | 494 | 719 | 75.1% |
India | 253 | 158 | 376 | 405 | 17.0% |
France | 333 | 369 | 379 | 337 | 0.4% |
Germany | 197 | 277 | 153 | 188 | -1.5% |
Spain | 91.4 | 72.1 | 127 | 83.9 | -2.8% |
Italy | 32.9 | 36.1 | 42.3 | 62.0 | 23.5% |
Others | 77.9 | 50.6 | 58.1 | 74.1 | -1.7% |
Total | 1,120 | 1,390 | 1,630 | 1,869 | 18.6% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Sri Lanka in 2022:
- China (822.0 tons)
- India (617.0 tons)
- France (384.0 tons)
- Germany (134.8 tons)
- Spain (71.0 tons)
- Italy (59.0 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka
Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Sri Lanka skyrocketed to 4.9 tons in 2022, picking up by 94% compared with the previous year. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 268% 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 shrank remarkably to $2.8K in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.6 | 2.0 | 0.8 | 1.9 | 46.8% |
Netherlands | N/A | N/A | 2.4 | N/A | 0% |
Others | 0.9 | 0.3 | 0.2 | 0.9 | 0.0% |
Total | 1.5 | 2.3 | 3.3 | 2.8 | 23.1% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Sri Lanka in 2022:
- India (4.9 tons)
This report provides an in-depth analysis of the alumina market in Sri Lanka.
This report provides an in-depth analysis of the aluminium hydroxide market in Sri Lanka.
This report provides an in-depth analysis of the artificial corundum market in Sri Lanka.
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 Sri Lanka.
This report provides an in-depth analysis of the aluminium hydroxide market in Sri Lanka.
This report provides an in-depth analysis of the artificial corundum market in Sri Lanka.
This report provides an in-depth analysis of the global alumina market.
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