Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa - 2024
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa (FOB) - 2024
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa (CIF) - 2024
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa (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 $3,952 per ton, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a slight decrease. The most prominent rate of growth was recorded in July 2023 an increase of 8.1% against the previous month. Over the period under review, the average export prices reached the maximum at $4,453 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In December 2023, the highest price was recorded for prices to Australia ($5,053 per ton) and the UK ($4,355 per ton), while the average price for exports to Spain ($3,437 per ton) and the Netherlands ($3,447 per ton) were amongst the lowest.
From January 2023 to December 2023, 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, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa (CIF) - 2024
The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,271 per ton in December 2023, reducing by -16.3% against the previous month. In general, the import price showed a slight decrease. The pace of growth was the most pronounced in November 2023 an increase of 16% against the previous month. As a result, import price attained the peak level of $3,907 per ton, and then reduced markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Greece ($6,050 per ton), while the price for China ($2,397 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Thailand (+5.3%), 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 South Africa
In 2022, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from South Africa reduced to 105K tons, dropping by -6.8% on the previous year. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s totaled $456M 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 throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 45%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 158 | 84.2 | 188 | 215 | 10.8% |
| Netherlands | N/A | 0.4 | 44.2 | 78.2 | 1298.2% |
| United Kingdom | 50.1 | 40.9 | 47.5 | 49.3 | -0.5% |
| Belgium | 57.7 | 46.3 | 54.7 | 23.7 | -25.7% |
| Germany | 27.4 | 19.4 | 21.0 | 21.7 | -7.5% |
| Australia | 18.5 | 20.2 | 17.8 | 15.9 | -4.9% |
| Poland | 9.2 | 38.1 | 19.0 | 11.7 | 8.3% |
| Brazil | 27.5 | 3.1 | 1.5 | 1.7 | -60.5% |
| Others | 59.1 | 55.6 | 52.9 | 39.5 | -12.6% |
| Total | 408 | 308 | 446 | 456 | 3.8% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) 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)
- Brazil (0.4K tons)
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in South Africa
In 2022, after two years of decline, there was significant growth in overseas purchases of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s, when their volume increased by 18% to 32K tons. In general, imports recorded a relatively flat trend pattern. As a result, imports reached 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 soared to $124M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +71.6% against 2020 indices. As a result, imports reached 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 3.1 | 15.4 | 8.6 | 34.8 | 123.9% |
| China | 49.9 | 26.0 | 30.7 | 25.8 | -19.7% |
| France | 14.8 | 12.0 | 18.1 | 24.9 | 18.9% |
| South Korea | 2.7 | 3.1 | 3.4 | 17.5 | 86.4% |
| Germany | 6.5 | 7.7 | 17.6 | 7.2 | 3.5% |
| Greece | 3.3 | 3.0 | 4.0 | 5.2 | 16.4% |
| Belgium | 1.8 | 2.1 | 5.0 | 4.7 | 37.7% |
| Others | 6.2 | 3.1 | 5.0 | 4.3 | -11.5% |
| Total | 88.3 | 72.5 | 92.4 | 124 | 12.0% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to South Africa in 2022:
- Thailand (10.0K tons)
- China (7.5K tons)
- France (5.2K tons)
- South Korea (4.6K tons)
- Germany (1.7K tons)
- Greece (1.0K tons)
- Belgium (1.0K tons)
256
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.
170
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.
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This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
255
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
256
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.
170
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.
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.
255
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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