Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia - 2024
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia (CIF) - 2024
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia (CIF) - 2024
In April 2024, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,316 per ton, shrinking by -2.2% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2024 an increase of 5.9% month-to-month. Over the period under review, average import prices reached the maximum at $3,608 per ton in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($4,759 per ton), while the price for Bahrain ($2,769 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by South Africa (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia (FOB) - 2022
In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,770 per ton, waning by -8.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,816 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($35,863 per ton), while the average price for exports to the United States ($3,522 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 Hong Kong SAR (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia
For the fourth consecutive year, Australia recorded growth in purchases abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, which increased by 7.9% to 214K tons in 2022. The total import volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $877M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 196 | 219 | 408 | 556 | 41.6% |
| South Korea | 108 | 106 | 82.4 | 133 | 7.2% |
| Thailand | 31.0 | 40.7 | 67.8 | 61.2 | 25.4% |
| Bahrain | 12.3 | 12.9 | 22.0 | 21.5 | 20.5% |
| South Africa | 19.5 | 19.5 | 18.6 | 17.9 | -2.8% |
| Spain | 8.4 | 10.8 | 12.4 | 14.9 | 21.1% |
| Japan | 30.2 | 5.4 | 4.5 | 5.7 | -42.6% |
| Saudi Arabia | 9.6 | 9.9 | 13.9 | 3.9 | -25.9% |
| Others | 65.7 | 48.4 | 57.0 | 63.1 | -1.3% |
| Total | 481 | 473 | 687 | 877 | 22.2% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Australia in 2022:
- China (142.4K tons)
- South Korea (32.8K tons)
- Thailand (12.8K tons)
- Bahrain (5.5K tons)
- South Africa (3.7K tons)
- Spain (3.1K tons)
- Japan (1.2K tons)
- Saudi Arabia (0.9K tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia
Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Australia skyrocketed to 7.3K tons in 2022, picking up by 214% on the previous year's figure. 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 plates, sheets and strip of thickness exceeding 0.2 mms surged to $27M in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.6 | 0.2 | 2.6 | 19.4 | 218.6% |
| New Zealand | 1.8 | 1.7 | 3.2 | 5.6 | 46.0% |
| Malaysia | 0.1 | 0.9 | 0.6 | 0.3 | 44.2% |
| Vietnam | 0.7 | N/A | 0.1 | 0.2 | -34.1% |
| China | 0.1 | 0.3 | 0.5 | 0.2 | 26.0% |
| South Korea | 0.6 | 0.8 | 0.6 | N/A | 0.0% |
| Philippines | 1.1 | N/A | N/A | N/A | 0% |
| Others | 2.1 | 1.9 | 1.9 | 1.7 | -6.8% |
| Total | 7.0 | 5.8 | 9.6 | 27.5 | 57.8% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Australia in 2022:
- United States (5519.4 tons)
- New Zealand (1438.1 tons)
- China (47.0 tons)
- Malaysia (44.6 tons)
- Vietnam (39.2 tons)
- South Korea (26.2 tons)
- Philippines (2.8 tons)
232
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Australia.
317
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Australia.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
232
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Australia.
317
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Australia.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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