Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates - 2022
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $487 per ton, standing approx. at the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium oxide (including artificial corundum); aluminium hydroxide increased by +35.6% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 41% against the previous year. The import price peaked at $491 per ton in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($1,207 per ton), while the price for Brazil ($260 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.7%), 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 United Arab Emirates (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $682 per ton, surging by 6.8% against the previous year. Over the period under review, the export price continues to indicate a slight increase. The growth pace was the most rapid in 2014 an increase of 53% against the previous year. The export price peaked at $1,168 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,384 per ton), while the average price for exports to India ($370 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 Jordan (+17.6%), 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 United Arab Emirates
For the fourth year in a row, the United Arab Emirates recorded growth in supplies from abroad of aluminium oxide (including artificial corundum); aluminium hydroxide, which increased by 96% to 2.5M tons in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $1.2B in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | N/A | N/A | 105 | 965 | 819.0% |
Vietnam | 112 | 87.3 | 86.4 | 135 | 6.4% |
India | 213 | 208 | 287 | 99.4 | -22.4% |
China | 27.3 | 40.8 | 43.5 | 8.6 | -32.0% |
Saudi Arabia | 37.5 | 41.9 | 12.2 | N/A | -43.0% |
Others | 24.9 | 10.8 | 99.8 | 24.9 | 0.0% |
Total | 415 | 389 | 634 | 1,233 | 43.8% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to the United Arab Emirates in 2022:
- Australia (2162.3K tons)
- India (229.5K tons)
- Vietnam (111.7K tons)
- China (7.5K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in the United Arab Emirates
In 2022, overseas shipments of aluminium oxide (including artificial corundum); aluminium hydroxide increased by 5,356% to 36K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a significant increase. 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 $24M in 2022. Overall, exports recorded a significant increase. 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 the United Arab Emirates (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 7.3 | 0% |
India | 0.1 | N/A | 0.1 | 6.4 | 300.0% |
Jordan | 2.3 | N/A | N/A | 4.6 | 26.0% |
Kuwait | N/A | N/A | N/A | 2.2 | 0% |
Iran | N/A | N/A | N/A | 1.8 | 0% |
Poland | N/A | N/A | N/A | 0.8 | 0% |
Oman | 0.9 | 1.3 | 0.3 | 0.1 | -51.9% |
Others | 0.1 | 0.1 | N/A | 1.0 | 115.4% |
Total | 3.5 | 1.4 | 0.4 | 24.3 | 90.8% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from the United Arab Emirates in 2022:
- India (17.3K tons)
- Jordan (11.0K tons)
- Iran (2.5K tons)
- China (1.7K tons)
- Kuwait (1.6K tons)
- Poland (0.8K tons)
- Oman (0.1K tons)
This report provides an in-depth analysis of the alumina market in the United Arab Emirates.
This report provides an in-depth analysis of the aluminium hydroxide market in the United Arab Emirates.
This report provides an in-depth analysis of the artificial corundum market in the United Arab Emirates.
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 the United Arab Emirates.
This report provides an in-depth analysis of the aluminium hydroxide market in the United Arab Emirates.
This report provides an in-depth analysis of the artificial corundum market in the United Arab Emirates.
This report provides an in-depth analysis of the global alumina market.
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