Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $701 per ton in 2022, with an increase of 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,514 per ton), while the price for Australia ($252 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $661 per ton in 2022, falling by -16.1% against the previous year. Over the period under review, the export price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2017 an increase of 106% against the previous year. As a result, the export price attained the peak level of $1,983 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($2,971 per ton), while the average price for exports to Japan ($367 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 South Korea (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand
In 2022, after three years of growth, there was significant decline in purchases abroad of aluminium oxide (including artificial corundum); aluminium hydroxide, when their volume decreased by -24.3% to 136K tons. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide fell to $95M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $99M, and then declined modestly in the following year.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 26.8 | 24.9 | 32.3 | 33.1 | 7.3% |
Japan | 15.3 | 20.6 | 19.5 | 16.1 | 1.7% |
Australia | 10.6 | 12.6 | 13.1 | 10.2 | -1.3% |
Vietnam | 7.3 | 7.2 | 5.7 | 7.8 | 2.2% |
India | 5.7 | 3.7 | 7.1 | 6.2 | 2.8% |
South Korea | 4.5 | 2.9 | 3.6 | 4.1 | -3.1% |
Indonesia | 0.3 | 1.9 | 3.3 | 3.2 | 120.1% |
Others | 16.8 | 11.8 | 14.3 | 14.4 | -5.0% |
Total | 87.3 | 85.6 | 98.9 | 95.0 | 2.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Thailand in 2022:
- Australia (40.5K tons)
- China (31.6K tons)
- Vietnam (23.5K tons)
- India (10.2K tons)
- Indonesia (8.3K tons)
- Japan (6.5K tons)
- South Korea (5.6K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand
In 2022, shipments abroad of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -20.9% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 64%. As a result, the exports attained the peak of 2.1K tons, and then dropped notably in the following year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide dropped dramatically to $1.1M in 2022. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, the exports attained the peak of $1.6M, and then fell remarkably in the following year.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 162 | 294 | 339 | 313 | 24.5% |
India | 129 | 24.1 | 83.6 | 212 | 18.0% |
Bangladesh | 44.8 | 27.6 | 465 | 176 | 57.8% |
Lao People's Democratic Republic | 103 | 120 | 60.4 | 136 | 9.7% |
Vietnam | 99.3 | 202 | 175 | 117 | 5.6% |
China | 10.3 | 144 | 85.6 | 52.3 | 71.9% |
Taiwan (Chinese) | 172 | 78.8 | 34.9 | N/A | -55.0% |
Others | 87.4 | 251 | 399 | 83.6 | -1.5% |
Total | 808 | 1,141 | 1,642 | 1,089 | 10.5% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Thailand in 2022:
- Japan (852.8 tons)
- Lao People's Democratic Republic (345.8 tons)
- Bangladesh (177.0 tons)
- India (156.5 tons)
- China (39.9 tons)
- Vietnam (39.3 tons)
This report provides an in-depth analysis of the alumina market in Thailand.
This report provides an in-depth analysis of the aluminium hydroxide market in Thailand.
This report provides an in-depth analysis of the artificial corundum market in Thailand.
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 Thailand.
This report provides an in-depth analysis of the aluminium hydroxide market in Thailand.
This report provides an in-depth analysis of the artificial corundum market in Thailand.
This report provides an in-depth analysis of the global alumina market.
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