Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India - 2024
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India (CIF) - 2024
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India (CIF) - 2024
The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,572 per ton in March 2024, flattening at the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 171% m-o-m. As a result, import price reached the peak level of $9,952 per ton. From May 2023 to March 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,180 per ton), while the price for Bahrain ($2,733 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), 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 India (FOB) - 2022
The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,734 per ton in 2022, jumping by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($4,319 per ton), while the average price for exports to Nepal ($2,586 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 Bangladesh (+3.7%), 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 India
In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into India surged to 188K tons, rising by 19% on the previous year. Overall, total imports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% 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 +87.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $759M in 2022. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 308 | 146 | 277 | 434 | 12.1% |
| South Korea | 56.7 | 44.5 | 106 | 83.1 | 13.6% |
| Poland | N/A | N/A | 32.7 | 67.0 | 104.9% |
| Thailand | 5.4 | 0.7 | 5.8 | 34.8 | 86.1% |
| United Kingdom | 31.1 | 19.5 | 29.6 | 29.5 | -1.7% |
| Indonesia | N/A | 1.9 | 8.4 | 20.9 | 231.7% |
| Germany | 22.3 | 17.7 | 13.6 | 17.2 | -8.3% |
| Singapore | 1.1 | 1.1 | 2.2 | 15.7 | 142.6% |
| United Arab Emirates | 18.6 | 21.7 | 16.9 | 3.5 | -42.7% |
| Others | 47.0 | 41.0 | 33.8 | 53.2 | 4.2% |
| Total | 490 | 294 | 526 | 759 | 15.7% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to India in 2022:
- China (110.4K tons)
- South Korea (21.4K tons)
- Poland (17.3K tons)
- Thailand (9.5K tons)
- United Kingdom (6.3K tons)
- Indonesia (5.5K tons)
- Singapore (5.0K tons)
- Germany (2.7K tons)
- United Arab Emirates (0.8K tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India
Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from India dropped dramatically to 54K tons in 2022, with a decrease of -42.3% compared with 2021 figures. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of 94K tons, and then declined dramatically in the following year.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms reduced notably to $202M in 2022. Over the period under review, exports continue to indicate a noticeable descent. The growth pace was the most rapid in 2021 when exports increased by 93% against the previous year. As a result, the exports reached the peak of $275M, and then dropped markedly in the following year.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 20.0 | 19.5 | 43.1 | 33.8 | 19.1% |
| United States | 112 | 27.9 | 23.2 | 32.2 | -34.0% |
| Spain | 7.2 | 8.6 | 19.8 | 14.9 | 27.4% |
| Nepal | 9.4 | 7.9 | 13.3 | 9.0 | -1.4% |
| Italy | 9.8 | 9.5 | 19.6 | 8.5 | -4.6% |
| Germany | 1.8 | 0.9 | 14.9 | 7.5 | 60.9% |
| Qatar | 4.0 | 4.6 | 7.8 | 7.0 | 20.5% |
| Bangladesh | 6.7 | 6.1 | 7.0 | 5.5 | -6.4% |
| Brazil | N/A | 1.6 | 10.9 | 5.4 | 83.7% |
| Canada | 1.1 | 1.6 | 16.8 | 4.9 | 64.5% |
| Cote d'Ivoire | 0.8 | 2.1 | 2.5 | 4.6 | 79.2% |
| South Korea | 0.5 | 1.4 | 4.7 | 4.5 | 108.0% |
| Egypt | N/A | 0.1 | 0.1 | 4.4 | 563.3% |
| Others | 54.4 | 50.7 | 91.6 | 59.8 | 3.2% |
| Total | 228 | 142 | 275 | 202 | -4.0% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from India in 2022:
- United Arab Emirates (9.4K tons)
- United States (7.5K tons)
- Spain (3.8K tons)
- Nepal (3.5K tons)
- Qatar (2.5K tons)
- Italy (2.2K tons)
- Germany (1.9K tons)
- Brazil (1.4K tons)
- Bangladesh (1.4K tons)
- Egypt (1.4K tons)
- South Korea (1.3K tons)
- Cote d'Ivoire (1.3K tons)
- Canada (1.1K tons)
204
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in India.
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This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
204
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in India.
252
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in India.
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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