Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania - 2022
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $603 per ton in 2022, with an increase of 14% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2014 an increase of 22% against the previous year. As a result, import price reached the peak level of $1,372 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 Germany ($4,356 per ton), while the price for China ($599 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania (FOB) - 2022
In 2020, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,160 per ton, increasing by 3.6% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the peak figure in 2020 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Zambia.
From 2012 to 2020, the rate of growth in terms of prices for Zambia amounted to +5.6% per year.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania
In 2022, imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Tanzania dropped notably to 1.4K tons, waning by -19.4% compared with the previous year's figure. Overall, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% 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 +45.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 81%. As a result, imports reached the peak of 1.7K tons, and then plummeted in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide declined to $829K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.2% 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 +53.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports reached the peak of $898K, and then fell in the following year.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 640 | 471 | 808 | 820 | 8.6% |
| Others | 72.8 | 70.3 | 89.5 | 9.1 | -50.0% |
| Total | 713 | 542 | 898 | 829 | 5.2% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Tanzania in 2022:
- China (1369.2 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania
In 2020, approx. 8 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were exported from Tanzania; picking up by 33% on 2019. The total export volume increased at an average annual rate of +33.4% over the period from 2019 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $9.3K in 2020. Over the period under review, total exports indicated significant growth from 2019 to 2020: its value increased at an average annual rate of +38.2% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Zambia | N/A | 9.3 | 0% | ||
| Burundi | 6.7 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 6.7 | 9.3 | 38.8% | ||
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Tanzania in 2022:
- Zambia (8.0 tons)
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