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

Contents:

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

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

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,255 per ton in 2021, jumping by 23% against the previous year. In general, the export price, however, recorded a mild shrinkage. The export price peaked at $3,819 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($3,924 per ton), while the average price for exports to Italy ($2,135 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+13.1%), 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 Saudi Arabia (CIF) - 2022

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,550 per ton in 2021, surging by 32% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $3,702 per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($3,675 per ton) and China ($3,569 per ton), while the price for Oman ($3,047 per ton) and Bahrain ($3,065 per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third consecutive year, Saudi Arabia recorded decline in shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, which decreased by -29.4% to 162K tons in 2022. In general, exports continue to indicate a abrupt downturn. The smallest decline of -2% was in 2020.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms shrank slightly to $718M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of $745M, and then fell modestly in the following year.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States280245258-4.0%
Iraq78.510594.49.7%
Egypt76.291.291.09.3%
Switzerland70.071.682.48.5%
United Kingdom49.839.162.111.7%
South Africa36.118.830.1-8.7%
Germany0.29.023.0972.4%
NetherlandsN/AN/A18.30%
United Arab Emirates15.911.917.65.2%
ItalyN/AN/A8.50%
Kuwait33.612.58.3-50.3%
Nigeria15.88.97.6-30.6%
Mexico10.924.04.3-37.2%
Others48.830.139.8-9.7%
Total7166677452.0%

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

  1. United States (72.9K tons)
  2. Egypt (31.0K tons)
  3. Iraq (28.4K tons)
  4. Switzerland (28.0K tons)
  5. United Kingdom (15.9K tons)
  6. South Africa (9.2K tons)
  7. Netherlands (7.2K tons)
  8. Germany (5.9K tons)
  9. United Arab Emirates (5.3K tons)
  10. Italy (4.0K tons)
  11. Kuwait (2.5K tons)
  12. Nigeria (2.4K tons)
  13. Mexico (1.4K tons)

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

In 2021, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Saudi Arabia declined rapidly to 56K tons, which is down by -34.1% against the previous year's figure. Overall, imports recorded a abrupt shrinkage. The smallest decline of -1.2% was in 2020.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms shrank to $199M in 2021. In general, imports showed a abrupt curtailment. The smallest decline of -6.3% was in 2020.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Saudi Arabia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China79.167.089.76.5%
Germany33.430.830.6-4.3%
Bahrain16.523.329.433.5%
United Arab Emirates55.656.229.1-27.7%
India4.25.03.8-4.9%
Oman1.40.83.251.2%
South Africa3.011.70.9-45.2%
South Korea34.725.20.7-85.8%
Others16.18.611.4-15.9%
Total244229199-9.7%

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

  1. China (25.1K tons)
  2. Bahrain (9.6K tons)
  3. United Arab Emirates (8.5K tons)
  4. Germany (8.3K tons)
  5. India (1.2K tons)
  6. Oman (1.0K tons)
  7. South Africa (0.3K tons)
  8. South Korea (0.2K tons)

Source: IndexBox Market Intelligence Platform

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