Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands - 2023

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands (CIF) - 2023
  2. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands (FOB) - 2023
  3. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands
  4. Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands (CIF) - 2023

In October 2023, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $407 per ton, which is down by -25.3% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 32% against the previous month. As a result, import price reached the peak level of $545 per ton, and then declined notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,212 per ton), while the price for Brazil ($219 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Australia (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands (FOB) - 2023

In October 2023, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,726 per ton, increasing by 188% against the previous month. Over the period under review, the export price saw buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was China ($9,227 per ton), while the average price for exports to India ($614 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands

In 2022, purchases abroad of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -55.9% to 714K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 82%.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide dropped sharply to $345M in 2022. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56%.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain14215211887.6-14.9%
Australia5.14.647.276.3146.4%
China5.625.693.758.1118.1%
Germany46.494.513148.71.6%
United States17.242.631.115.7-3.0%
Belgium6.514.631.212.323.7%
Ireland8.97.928.08.0-3.5%
BrazilN/A3.26.65.531.1%
Jamaica9.031.357.80.1-77.7%
Others23.437.179.433.112.3%
Total2654136243459.2%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to the Netherlands in 2022:

  1. Spain (261.6K tons)
  2. Australia (176.8K tons)
  3. Germany (87.2K tons)
  4. China (60.6K tons)
  5. Belgium (34.4K tons)
  6. United States (20.2K tons)
  7. Ireland (17.7K tons)
  8. Brazil (11.0K tons)
  9. Jamaica (0.3K tons)

Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands

In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium oxide (including artificial corundum); aluminium hydroxide, when their volume decreased by -52.2% to 470K tons. Over the period under review, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 140%.

In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide fell remarkably to $314M in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year.

Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10499.225823230.7%
United States10.820.312.722.327.3%
France7.619.29.115.627.1%
United Kingdom5.331.929.613.235.5%
China10.815.28.05.9-18.3%
Belgium13.442.230.70.6-64.5%
GhanaN/A15.5N/A0.3-86.1%
CameroonN/A25.3N/AN/A0%
Others25.786.890.224.9-1.0%
Total17835643831420.8%

Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from the Netherlands in 2022:

  1. Germany (332.2K tons)
  2. United States (36.9K tons)
  3. France (32.5K tons)
  4. United Kingdom (21.4K tons)
  5. China (4.1K tons)
  6. Ghana (2.2K tons)
  7. Belgium (2.0K tons)

Source: IndexBox Market Intelligence Platform

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