Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa - 2024
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa (FOB) - 2024
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa (CIF) - 2024
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa (FOB) - 2024
In April 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,967 per ton, with an increase of 2.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 7.8% month-to-month. As a result, the export price reached the peak level of $4,256 per ton. From August 2023 to April 2024, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In April 2024, the highest price was recorded for prices to Australia ($4,778 per ton) and the UK ($4,316 per ton), while the average price for exports to the United States ($3,510 per ton) and Belgium ($3,664 per ton) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa (CIF) - 2024
In April 2024, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,593 per ton, surging by 3.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2024 when the average import price increased by 17% month-to-month. The import price peaked at $3,612 per ton in October 2023; afterwards, it flattened through to April 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($5,329 per ton), while the price for South Korea ($3,021 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 Turkey (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa
In 2022, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from South Africa dropped to 106K tons, which is down by -6.6% against 2021. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms reached $462M in 2022. The total export value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 159 | 84.2 | 188 | 215 | 10.6% |
Netherlands | N/A | 0.4 | 44.2 | 78.2 | 1298.2% |
United Kingdom | 50.2 | 40.9 | 47.6 | 49.3 | -0.6% |
Belgium | 57.7 | 46.3 | 54.7 | 23.7 | -25.7% |
Germany | 27.4 | 20.5 | 21.4 | 21.9 | -7.2% |
Australia | 18.5 | 20.2 | 17.8 | 15.9 | -4.9% |
Poland | 9.2 | 39.0 | 19.0 | 11.7 | 8.3% |
Spain | 1.9 | 10.5 | 13.0 | 9.8 | 72.8% |
France | 15.7 | 5.5 | 4.4 | 4.5 | -34.1% |
Brazil | 27.6 | 3.1 | 1.5 | 1.7 | -60.5% |
Ireland | 8.8 | 7.2 | 6.7 | 0.2 | -71.7% |
Others | 37.5 | 35.4 | 32.7 | 30.3 | -6.9% |
Total | 413 | 313 | 451 | 462 | 3.8% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from South Africa in 2022:
- United States (54.0K tons)
- Netherlands (16.7K tons)
- United Kingdom (10.1K tons)
- Belgium (5.3K tons)
- Germany (4.5K tons)
- Australia (3.5K tons)
- Poland (2.4K tons)
- Spain (2.1K tons)
- France (0.8K tons)
- Brazil (0.4K tons)
Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa
In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms imported into South Africa reached 55K tons, stabilizing at the previous year. In general, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $219M in 2022. Over the period under review, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 79.8 | 47.2 | 60.2 | 82.0 | 0.9% |
South Korea | 5.8 | 3.1 | 13.6 | 48.2 | 102.6% |
Thailand | 3.4 | 15.4 | 8.6 | 34.8 | 117.1% |
France | 20.6 | 15.3 | 20.0 | 25.0 | 6.7% |
Germany | 24.0 | 10.3 | 18.8 | 8.5 | -29.2% |
Greece | 3.3 | 3.0 | 4.0 | 5.2 | 16.4% |
Belgium | 14.3 | 9.7 | 7.4 | 4.7 | -31.0% |
Saudi Arabia | 36.2 | 21.3 | 40.1 | 3.8 | -52.8% |
Others | 11.8 | 6.7 | 8.3 | 6.7 | -17.2% |
Total | 199 | 132 | 181 | 219 | 3.2% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to South Africa in 2022:
- China (20.9K tons)
- South Korea (13.1K tons)
- Thailand (10.0K tons)
- France (5.2K tons)
- Germany (1.8K tons)
- Saudi Arabia (1.0K tons)
- Greece (1.0K tons)
- Belgium (1.0K tons)
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in South Africa.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in South Africa.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in South Africa.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in South Africa.
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
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