Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States - 2024
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States (CIF) - 2024
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States (FOB) - 2024
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States (CIF) - 2024
In December 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,522 per ton, declining by -4.6% against the previous month. In general, the import price saw a mild decrease. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 2.3% month-to-month. The import price peaked at $3,992 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($5,814 per ton), while the price for India ($2,732 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 Austria (+0.5%), 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 the United States (FOB) - 2024
The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $5,121 per ton in December 2023, dropping by -10.1% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average export price increased by 17% m-o-m. As a result, the export price reached the peak level of $6,198 per ton. From October 2023 to December 2023, the the average export prices remained at a somewhat 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 Japan ($9,875 per ton), while the average price for exports to Canada ($3,807 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 South Korea (+2.5%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States
In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into the United States surged to 1.1M tons, growing by 21% against 2021. Overall, imports, however, continue to indicate a pronounced descent.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $4.6B in 2022. In general, imports posted a resilient expansion. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 368 | 291 | 479 | 796 | 29.3% |
| Canada | 411 | 382 | 508 | 649 | 16.4% |
| South Korea | 137 | 65.5 | 114 | 494 | 53.3% |
| Thailand | 50.5 | 78.5 | 214 | 348 | 90.3% |
| Oman | 217 | 136 | 249 | 313 | 13.0% |
| Japan | 144 | 60.1 | 175 | 217 | 14.6% |
| Saudi Arabia | 254 | 253 | 303 | 200 | -7.7% |
| Austria | 125 | 45.9 | 84.1 | 189 | 14.8% |
| Bahrain | 252 | 52.2 | 72.7 | 185 | -9.8% |
| Germany | 366 | 187 | 131 | 170 | -22.6% |
| South Africa | 176 | 85.2 | 136 | 142 | -6.9% |
| Greece | 130 | 48.7 | 78.1 | 137 | 1.8% |
| Turkey | 128 | 60.7 | 47.9 | 75.5 | -16.1% |
| Others | 1,102 | 467 | 527 | 704 | -13.9% |
| Total | 3,860 | 2,213 | 3,120 | 4,620 | 6.2% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to the United States in 2022:
- China (202.2K tons)
- Canada (148.8K tons)
- South Korea (105.7K tons)
- Oman (83.4K tons)
- Thailand (83.4K tons)
- Japan (49.9K tons)
- Bahrain (46.8K tons)
- Saudi Arabia (44.5K tons)
- South Africa (35.3K tons)
- Germany (35.2K tons)
- Austria (34.3K tons)
- Greece (26.7K tons)
- Turkey (18.8K tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States
In 2022, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were finally on the rise to reach 528K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a pronounced setback.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $3B in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,079 | 902 | 1,107 | 1,324 | 7.1% |
| Mexico | 849 | 640 | 787 | 961 | 4.2% |
| South Korea | 156 | 108 | 78.4 | 124 | -7.4% |
| China | 165 | 109 | 45.4 | 68.1 | -25.5% |
| Japan | 140 | 86.6 | 25.7 | 62.0 | -23.8% |
| Others | 396 | 266 | 234 | 432 | 2.9% |
| Total | 2,784 | 2,111 | 2,277 | 2,971 | 2.2% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from the United States in 2022:
- Canada (281.4K tons)
- Mexico (162.2K tons)
- South Korea (16.8K tons)
- China (7.8K tons)
- Japan (6.2K tons)
243
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in the U.S..
194
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in the U.S..
261
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
237
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
243
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in the U.S..
194
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in the U.S..
261
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
237
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
642
In 2020, American imports of aluminium plates, sheets and strips slumped to 836K tons, reducing by -35.6% y-o-y. In value terms, they shrank from $4.2B to $2.5B over the last year. Canada, China and Saudi Arabia remain the largest suppliers of aluminium plates, sheets and strips to the U.S. In 2020, Thailand, Saudi Arabia and Canada managed to boost shipments to the American market, while other exporting countries experienced significant drops in supplies. The average import price for aluminium plates, sheets and strips in the U.S. decreased by -6% y-o-y to near $3,000 per ton.
642
In 2020, American imports of aluminium plates, sheets and strips slumped to 836K tons, reducing by -35.6% y-o-y. In value terms, they shrank from $4.2B to $2.5B over the last year. Canada, China and Saudi Arabia remain the largest suppliers of aluminium plates, sheets and strips to the U.S. In 2020, Thailand, Saudi Arabia and Canada managed to boost shipments to the American market, while other exporting countries experienced significant drops in supplies. The average import price for aluminium plates, sheets and strips in the U.S. decreased by -6% y-o-y to near $3,000 per ton.
