Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka - 2022
Contents:
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka (CIF) - 2022
- Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka (FOB) - 2022
- Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka
- Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka (CIF) - 2022
The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,073 per ton in 2022, with an increase of 40% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached 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 China ($3,135 per ton), while the price for India ($2,039 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka (FOB) - 2022
The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,316 per ton in 2022, surging by 54% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 64% against the previous year. As a result, the export price attained the peak level of $3,841 per ton. From 2014 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 India ($11,579 per ton), while the average price for exports to Maldives ($2,214 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 Nepal (+95.4%), 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 Sri Lanka
In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Sri Lanka fell sharply to 15K tons, waning by -31.8% against the previous year's figure. Overall, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 113%. As a result, imports reached the peak of 23K tons, and then shrank remarkably in the following year.
In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms reduced slightly to $48M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +89.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 99% against the previous year. As a result, imports reached the peak of $50M, and then fell modestly in the following year.
| Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.8 | 16.0 | 39.2 | 36.0 | 7.7% |
| South Korea | 2.8 | 4.5 | 6.5 | 8.3 | 43.7% |
| India | 1.6 | 1.1 | 1.3 | 1.3 | -6.7% |
| United Arab Emirates | 2.4 | 0.8 | 0.3 | 0.1 | -65.3% |
| Others | 3.0 | 2.7 | 2.6 | 1.7 | -17.2% |
| Total | 38.7 | 25.1 | 49.9 | 47.5 | 7.1% |
Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Sri Lanka in 2022:
- China (11.5K tons)
- South Korea (2.7K tons)
- India (0.6K tons)
- United Arab Emirates (0.1K tons)
Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka
Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Sri Lanka declined dramatically to 32 tons in 2022, dropping by -46% against the previous year. Over the period under review, exports showed a significant decline. The growth pace was the most rapid in 2021 when exports increased by 173% against the previous year.
In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms fell sharply to $107K in 2022. In general, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 105%.
| Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 111 | 16.5 | 83.3 | 46.5 | -25.2% |
| Oman | 4.7 | 2.4 | 8.9 | 23.2 | 70.3% |
| Australia | 1.0 | 1.2 | 3.7 | 4.3 | 62.6% |
| Seychelles | 0.9 | 0.1 | 0.1 | 3.3 | 54.2% |
| United Kingdom | 2.9 | 1.0 | 2.5 | 2.4 | -6.1% |
| India | 96.5 | 0.6 | 0.8 | 0.2 | -87.3% |
| Argentina | N/A | 25.6 | N/A | N/A | 0% |
| China | 21.6 | 0.8 | N/A | N/A | -96.3% |
| Nepal | 115 | N/A | N/A | N/A | 0% |
| Others | 55.5 | 14.3 | 29.4 | 26.7 | -21.6% |
| Total | 409 | 62.7 | 129 | 107 | -36.0% |
Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Sri Lanka in 2022:
- Maldives (21.0 tons)
- Oman (6.2 tons)
- Seychelles (1.0 tons)
- United Kingdom (0.8 tons)
- Australia (0.8 tons)
171
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Sri Lanka.
231
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Sri Lanka.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
171
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Sri Lanka.
231
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Sri Lanka.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
274
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
Nothing found. Please try again.
