Price for Aluminium; Powders and Flakes in Saudi Arabia - 2021

Price for Aluminium; Powders and Flakes in Saudi Arabia (CIF) - 2022

The average aluminium; powders and flakes import price stood at $3,422 per ton in 2022, dropping by -6.5% against the previous year. Over the period under review, the import price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 15%. Over the period under review, average import prices attained the maximum at $4,507 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,570 per ton), while the price for India ($3,172 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Powders and Flakes in Saudi Arabia (FOB) - 2022

In 2021, the average aluminium; powders and flakes export price amounted to $2,904 per ton, almost unchanged from the previous year. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,512 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($113,000 per ton), while the average price for exports to Kuwait stood at $2,894 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+69.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Powders and Flakes in Saudi Arabia

In 2022, purchases abroad of aluminium; powders and flakeses was finally on the rise to reach 854 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a perceptible descent.

In value terms, aluminium; powders and flakes imports fell to $2.9M in 2022. Over the period under review, imports, however, continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 with an increase of 8.9% against the previous year.

Import of Aluminium; Powders and Flakes in Saudi Arabia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bahrain	1,602	1,519	1,802	1,639	0.8%
Germany	767	468	484	514	-12.5%
India	425	450	412	384	-3.3%
Others	579	360	348	384	-12.8%
Total	3,373	2,797	3,046	2,921	-4.7%

Top Suppliers of Aluminium; Powders and Flakes to Saudi Arabia in 2022:

Bahrain (516.5 tons)
Germany (143.9 tons)
India (121.2 tons)

Exports of Aluminium; Powders and Flakes in Saudi Arabia

In 2021, the amount of aluminium; powders and flakeses exported from Saudi Arabia was estimated at 20 tons, approximately mirroring 2020. In general, exports showed a abrupt decrease. The smallest decline of 99.9% was in 2020.

In value terms, aluminium; powders and flakes exports amounted to $58K in 2021. Over the period under review, exports posted a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in years to come.