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

Contents:

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

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,295 per ton in 2022, increasing by 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 the United States ($9,276 per ton), while the price for Thailand ($3,903 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), 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 New Zealand (FOB) - 2022

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $5,637 per ton in 2022, picking up by 7.6% against the previous year. In general, the export price, however, recorded a slight decline. The growth pace was the most rapid in 2015 an increase of 36%. As a result, the export price reached the peak level of $8,809 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15,000 per ton), while the average price for exports to Australia ($4,748 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 Samoa (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -5.6% to 40K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +54.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of 42K tons, and then shrank in the following year.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $172M in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 81% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.731.670.378.949.3%
Thailand10.621.332.035.749.9%
South Korea19.08.415.629.215.4%
United States2.92.84.38.543.1%
Australia3.73.86.44.89.1%
Greece0.80.85.24.172.4%
Bahrain0.11.01.13.6230.2%
Italy3.75.24.01.4-27.7%
Japan7.70.30.40.5-59.8%
Others3.06.38.34.917.8%
Total75.281.714817231.8%

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

  1. China (19.6K tons)
  2. Thailand (9.2K tons)
  3. South Korea (6.8K tons)
  4. Australia (0.9K tons)
  5. United States (0.9K tons)
  6. Bahrain (0.7K tons)
  7. Greece (0.7K tons)
  8. Italy (0.2K tons)
  9. Japan (0.1K tons)

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

Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from New Zealand plummeted to 168 tons in 2022, falling by -37.2% compared with the previous year's figure. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of 267 tons, and then shrank notably in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms fell markedly to $946K in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of $1.4M, and then dropped markedly in the following year.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
French Polynesia22340939830010.4%
Canada10251.315219524.1%
Cook Islands10015713696.9-1.0%
Samoa10.017.911.895.8112.4%
Fiji86.014013794.73.3%
New Caledonia70.615230.873.31.3%
Australia17329.242539.8-38.7%
China54.741.60.8N/A-87.9%
Others33317310850.5-46.7%
Total1,1521,1711,399946-6.4%

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

  1. French Polynesia (58.2 tons)
  2. Canada (40.9 tons)
  3. Cook Islands (17.8 tons)
  4. Fiji (17.5 tons)
  5. Samoa (10.6 tons)
  6. Australia (8.4 tons)
  7. New Caledonia (7.6 tons)

Source: IndexBox Market Intelligence Platform

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