Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia (CIF) - 2022
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia (CIF) - 2022

In March 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,567 per ton, surging by 11% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($5,363 per ton), while the price for China ($3,099 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia (FOB) - 2022

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,677 per ton in 2022, with an increase of 9.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2017 an increase of 26%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($4,402 per ton), while the average price for exports to Singapore ($1,268 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 India (+8.5%), 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 Indonesia

After two years of decline, purchases abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s increased by 18% to 102K tons in 2022. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $315M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +52.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15512315821110.8%
South Korea29.123.054.957.425.4%
Thailand22.712.420.928.57.9%
Saudi Arabia15.71.8N/AN/A-88.5%
Others21.047.214.717.9-5.2%
Total2442072483158.9%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Indonesia in 2022:

  1. China (77.1K tons)
  2. South Korea (15.3K tons)
  3. Thailand (5.6K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia

For the third year in a row, Indonesia recorded decline in shipments abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s, which decreased by -49% to 1.4K tons in 2022. In general, exports saw a precipitous decrease. The smallest decline of -39.7% was in 2020.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s reduced dramatically to $5.1M in 2022. Over the period under review, exports faced a dramatic slump. The smallest decline of -36.6% was in 2020.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A2.00%
SloveniaN/AN/AN/A1.10%
Taiwan (Chinese)0.46.70.50.614.5%
IndiaN/A1.61.30.6-38.8%
PolandN/AN/A6.20.4-93.5%
BulgariaN/AN/AN/A0.40%
China0.16.1N/AN/A6000.0%
United States32.81.20.2N/A-92.2%
SingaporeN/A3.40.1N/A-97.1%
Others0.82.60.90.1-50.0%
Total34.221.79.25.1-47.0%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Indonesia in 2022:

  1. Italy (542.1 tons)
  2. Slovenia (291.4 tons)
  3. India (175.1 tons)
  4. Taiwan (Chinese) (131.3 tons)
  5. Bulgaria (100.3 tons)
  6. Poland (99.8 tons)
  7. Singapore (22.1 tons)
  8. China (0.6 tons)
  9. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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