Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan - 2024

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan (FOB) - 2024
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan (CIF) - 2024
  3. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan
  4. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan (FOB) - 2024

In April 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $5,572 per ton, increasing by 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 19% against the previous month. The export price peaked in April 2024.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($5,944 per ton), while the average price for exports to Poland ($3,088 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan (CIF) - 2024

In April 2024, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,929 per ton, shrinking by -2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average import price increased by 7% m-o-m. As a result, import price reached the peak level of $4,310 per ton. From November 2023 to April 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 the United States ($10,451 per ton), while the price for South Korea ($3,304 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 Korea (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms exported from Japan dropped to 170K tons, shrinking by -8.4% on 2021. Over the period under review, exports recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports attained the peak of 185K tons, and then declined in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms declined modestly to $749M in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of $773M, and then contracted in the following year.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2492633132642.0%
United States11351.61521417.7%
Malaysia75.962.174.270.0-2.7%
South Korea40.140.545.257.212.6%
Taiwan (Chinese)41.744.746.043.41.3%
Spain0.10.14.438.6628.1%
Thailand48.544.938.434.2-11.0%
Vietnam5.48.415.123.864.0%
Others13778.184.477.1-17.4%
Total7115947737491.8%

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

  1. China (70.9K tons)
  2. United States (35.9K tons)
  3. Malaysia (13.3K tons)
  4. South Korea (12.0K tons)
  5. Spain (10.3K tons)
  6. Thailand (7.3K tons)
  7. Taiwan (Chinese) (7.0K tons)
  8. Vietnam (4.4K tons)

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Japan expanded modestly to 147K tons, surging by 2.6% compared with the previous year. The total import volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $662M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2021772502669.6%
South Korea99.184.711914914.6%
Thailand46.454.162.772.315.9%
United States14085.630.763.2-23.3%
Taiwan (Chinese)31.328.043.353.519.6%
Others56.046.645.757.71.0%
Total5754765526624.8%

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

  1. China (67.0K tons)
  2. South Korea (38.7K tons)
  3. Thailand (15.4K tons)
  4. Taiwan (Chinese) (13.8K tons)
  5. United States (4.7K tons)

Source: IndexBox Market Intelligence Platform

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