Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India - 2023
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India (CIF) - 2023
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India (FOB) - 2022
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India (CIF) - 2023
In November 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,641 per ton, with an increase of 1.5% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 6.7% m-o-m. As a result, import price reached the peak level of $4,151 per ton. From January 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the UK ($9,365 per ton), while the price for Bahrain ($2,727 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+0.7%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India (FOB) - 2022
In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,722 per ton, rising by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($4,400 per ton), while the average price for exports to Nepal ($2,873 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 (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India
In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s imported into India stood at 94K tons, picking up by 3.6% compared with 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% 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 +55.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $399M in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 97.1 | 76.6 | 123 | 154 | 16.6% |
South Korea | 51.5 | 41.6 | 102 | 79.1 | 15.4% |
Poland | N/A | N/A | 32.7 | 66.9 | 104.6% |
Thailand | 5.0 | 0.4 | 4.8 | 32.7 | 87.0% |
Germany | 11.7 | 8.9 | 8.3 | 10.5 | -3.5% |
Bahrain | 0.2 | 8.4 | 4.0 | 8.5 | 249.0% |
United Arab Emirates | 18.0 | 21.4 | 10.4 | 2.6 | -47.5% |
Others | 44.4 | 26.9 | 28.9 | 44.7 | 0.2% |
Total | 228 | 184 | 315 | 399 | 20.5% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to India in 2022:
- China (36.9K tons)
- South Korea (20.6K tons)
- Poland (17.3K tons)
- Thailand (9.0K tons)
- Bahrain (2.3K tons)
- Germany (1.3K tons)
- United Arab Emirates (0.5K tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India
In 2022, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from India fell sharply to 40K tons, dropping by -43.8% against 2021 figures. In general, exports saw a perceptible descent. The pace of growth was the most pronounced in 2021 when exports increased by 122% against the previous year. As a result, the exports reached the peak of 71K tons, and then contracted notably in the following year.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s reduced dramatically to $148M in 2022. Overall, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 178% against the previous year. As a result, the exports reached the peak of $206M, and then shrank rapidly in the following year.
Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 12.5 | 12.5 | 35.0 | 25.8 | 27.3% |
United States | 70.2 | 12.4 | 19.5 | 25.6 | -28.6% |
Spain | 2.7 | 3.9 | 18.1 | 13.9 | 72.7% |
Germany | 1.5 | 0.6 | 14.8 | 7.4 | 70.2% |
Italy | 4.0 | 5.0 | 15.8 | 7.3 | 22.2% |
Poland | 0.1 | N/A | 2.4 | 4.7 | 260.9% |
Canada | 0.1 | 0.6 | 16.2 | 4.6 | 258.3% |
Cote d'Ivoire | 0.7 | 2.1 | 2.5 | 4.5 | 85.9% |
Israel | 0.3 | 2.2 | 7.7 | 4.4 | 144.8% |
Nepal | 2.5 | 2.0 | 4.0 | 4.4 | 20.7% |
Egypt | N/A | N/A | 0.1 | 4.0 | 3900.0% |
Brazil | N/A | 1.3 | 6.0 | 3.8 | 71.0% |
South Korea | 0.2 | 1.3 | 4.4 | 3.3 | 154.6% |
Others | 21.3 | 30.4 | 59.6 | 33.8 | 16.6% |
Total | 116 | 74.2 | 206 | 148 | 8.5% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from India in 2022:
- United Arab Emirates (7.4K tons)
- United States (6.5K tons)
- Spain (3.6K tons)
- Italy (1.9K tons)
- Germany (1.8K tons)
- Nepal (1.5K tons)
- Egypt (1.3K tons)
- Cote d'Ivoire (1.2K tons)
- Canada (1.1K tons)
- Israel (1.1K tons)
- Poland (1.1K tons)
- Brazil (1.0K tons)
- South Korea (0.9K 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 India.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in India.
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 India.
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in India.
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.
Nothing found. Please try again.