Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia - 2022

Contents:

1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia (CIF) - 2022
2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia (FOB) - 2022
3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia
4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia (CIF) - 2022

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,167 per ton in 2022, rising by 6.4% against the previous year. Over the period under review, the import price, however, continues to indicate a mild descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $3,587 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Australia ($6,335 per ton), while the price for China ($2,738 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia (FOB) - 2022

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,850 per ton in 2022, surging by 25% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms increased by +55.6% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Malaysia ($4,351 per ton) and the United States ($4,279 per ton), while the average price for exports to Italy ($3,609 per ton) and India ($3,642 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.0%), 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 Indonesia

After two years of decline, supplies from abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms increased by 24% to 144K tons in 2022. In general, imports, however, continue to indicate a noticeable decrease.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $457M in 2022. Over the period under review, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 +57.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Indonesia in 2022:

1. China (114.1K tons)
2. South Korea (16.7K tons)
3. Thailand (6.7K tons)
4. Singapore (3.3K tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Indonesia

In 2022, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Indonesia contracted markedly to 13K tons, with a decrease of -16.9% compared with the previous year's figure. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 125%.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms rose to $51M in 2022. Overall, exports continue to indicate a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 181%.

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Indonesia in 2022:

1. India (5.6K tons)
2. Poland (3.1K tons)
3. United States (1.0K tons)
4. Belgium (0.8K tons)
5. Australia (0.5K tons)
6. Italy (0.5K tons)
7. Taiwan (Chinese) (0.5K tons)
8. Slovenia (0.3K tons)
9. Canada (0.1K tons)

Source: IndexBox Market Intelligence Platform