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

Contents:

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

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,289 per ton in 2022, rising by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Thailand ($14,742 per ton), while the price for Hong Kong SAR ($1,622 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.3%), 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 Iran (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,147 per ton, surging by 56% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 76%. Over the period under review, the average export prices hit record highs at $4,420 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($6,156 per ton), while the average price for exports to Uzbekistan ($1,119 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 Poland (+80.7%), 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 Iran

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Iran reduced notably to 4K tons, which is down by -86.3% compared with the year before. Over the period under review, imports faced a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 14%. As a result, imports attained the peak of 29K tons, and then contracted dramatically in the following year.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms declined dramatically to $17M in 2022. In general, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports attained the peak of $100M, and then contracted sharply in the following year.

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

1. China (3610.9 tons)
2. Turkey (278.4 tons)
3. South Korea (83.2 tons)
4. Hong Kong SAR (70.0 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, when their volume decreased by -94.4% to 368 tons. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 709%.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms fell significantly to $1.2M in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,324%.

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

1. Georgia (80.5 tons)
2. India (59.9 tons)
3. United Arab Emirates (56.1 tons)
4. Armenia (34.5 tons)
5. Azerbaijan (33.8 tons)
6. Uzbekistan (32.2 tons)
7. Germany (22.0 tons)
8. Kazakhstan (21.7 tons)
9. Lebanon (21.2 tons)
10. Turkey (2.6 tons)

Source: IndexBox Market Intelligence Platform