Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China - 2024
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China (FOB) - 2024
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China (CIF) - 2024
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China (FOB) - 2024
In December 2023, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $2,936 per ton, remaining stable against the previous month. In general, the export price showed a slight downturn. The most prominent rate of growth was recorded in October 2023 an increase of 1% against the previous month. Over the period under review, the average export prices reached the peak figure at $3,354 per ton in February 2023; however, from March 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was South Korea ($3,388 per ton), while the average price for exports to Brazil ($1,886 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (-0.3%), while the prices for the other major destinations experienced a decline.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China (CIF) - 2024
The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,518 per ton in December 2023, almost unchanged from the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average import price increased by 13% against the previous month. Over the period under review, average import prices attained the peak figure at $3,970 per ton in April 2023; however, from May 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($13,395 per ton), while the price for South Korea ($3,078 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China
In 2022, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from China skyrocketed to 2.9M tons, rising by 23% on 2021. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $10.8B in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 72%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 680 | 663 | 1,164 | 1,812 | 38.6% |
United States | 397 | 331 | 584 | 882 | 30.5% |
South Korea | 418 | 451 | 667 | 820 | 25.2% |
Vietnam | 253 | 255 | 486 | 777 | 45.4% |
Thailand | 205 | 177 | 354 | 540 | 38.1% |
Canada | 242 | 288 | 569 | 531 | 29.9% |
Australia | 169 | 200 | 369 | 495 | 43.1% |
Poland | 49.4 | 81.5 | 105 | 396 | 100.1% |
Malaysia | 135 | 128 | 282 | 292 | 29.3% |
United Arab Emirates | 95.9 | 115 | 143 | 266 | 40.5% |
Cambodia | 68.6 | 56.5 | 166 | 264 | 56.7% |
Nigeria | 199 | 218 | 299 | 237 | 6.0% |
Indonesia | 190 | 118 | 143 | 206 | 2.7% |
Others | 1,537 | 1,275 | 2,176 | 3,299 | 29.0% |
Total | 4,639 | 4,356 | 7,508 | 10,817 | 32.6% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from China in 2022:
- Mexico (463.3K tons)
- United States (233.2K tons)
- South Korea (208.5K tons)
- Vietnam (199.1K tons)
- Thailand (148.8K tons)
- Canada (140.9K tons)
- Australia (132.8K tons)
- Poland (98.3K tons)
- Malaysia (78.0K tons)
- Indonesia (77.4K tons)
- Nigeria (75.7K tons)
- Cambodia (71.1K tons)
- United Arab Emirates (70.5K tons)
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China
After three years of growth, overseas purchases of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -2.1% to 309K tons in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +48.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s expanded rapidly to $1.3B in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 177 | 291 | 513 | 676 | 56.3% |
Japan | 245 | 253 | 305 | 265 | 2.7% |
Russia | 27.5 | 38.0 | 26.1 | 64.2 | 32.7% |
United States | 143 | 85.3 | 44.2 | 63.3 | -23.8% |
France | 31.8 | 37.0 | 37.0 | 52.7 | 18.3% |
Belgium | 35.6 | 43.8 | 54.7 | 49.7 | 11.8% |
Germany | 69.3 | 65.9 | 86.3 | 36.7 | -19.1% |
Taiwan (Chinese) | 26.9 | 25.8 | 21.0 | 16.8 | -14.5% |
Others | 53.9 | 70.9 | 74.3 | 54.4 | 0.3% |
Total | 810 | 911 | 1,161 | 1,278 | 16.4% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to China in 2022:
- South Korea (185.8K tons)
- Japan (71.8K tons)
- Belgium (10.3K tons)
- France (9.4K tons)
- United States (7.2K tons)
- Russia (6.0K tons)
- Germany (5.5K tons)
- Taiwan (Chinese) (3.5K tons)
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in China.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in China.
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 global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in China.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in China.
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 global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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