Price for Aluminium; Powders of Lamellar Structure, Flakes in India - 2023

Contents:

1. Price for Aluminium; Powders of Lamellar Structure, Flakes in India (FOB) - 2022
2. Price for Aluminium; Powders of Lamellar Structure, Flakes in India (CIF) - 2023
3. Exports of Aluminium; Powders of Lamellar Structure, Flakes in India
4. Imports of Aluminium; Powders of Lamellar Structure, Flakes in India

Price for Aluminium; Powders of Lamellar Structure, Flakes in India (FOB) - 2022

In 2022, the average export price for aluminium; powders of lamellar structure, flakeses amounted to $4,517 per ton, with an increase of 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($5,234 per ton) and the United Arab Emirates ($4,921 per ton), while the average price for exports to Turkey ($4,102 per ton) and Iraq ($4,104 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Powders of Lamellar Structure, Flakes in India (CIF) - 2023

In November 2023, the average import price for aluminium; powders of lamellar structure, flakeses amounted to $2,542 per ton, increasing by 6.1% against the previous month. Over the period under review, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 46% m-o-m. The import price peaked at $5,210 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($42,351 per ton), while the price for South Korea ($2,151 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 Germany (+2.0%), while the prices for the other major suppliers experienced a decline.

Exports of Aluminium; Powders of Lamellar Structure, Flakes in India

In 2022, exports of aluminium; powders of lamellar structure, flakeses from India fell rapidly to 2.4K tons, reducing by -25.9% on the previous year's figure. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 24%. As a result, the exports attained the peak of 3.2K tons, and then fell significantly in the following year.

In value terms, exports of aluminium; powders of lamellar structure, flakeses contracted to $11M in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of $12M, and then reduced in the following year.

Top Export Markets for Aluminium; Powders of Lamellar Structure, Flakes from India in 2022:

1. Iraq (319.5 tons)
2. Mexico (303.9 tons)
3. Nigeria (219.6 tons)
4. Belgium (185.5 tons)
5. Saudi Arabia (154.2 tons)
6. Thailand (147.6 tons)
7. Kuwait (146.2 tons)
8. United Arab Emirates (141.9 tons)
9. Turkey (123.3 tons)
10. Spain (80.8 tons)
11. Germany (71.5 tons)
12. Sri Lanka (62.8 tons)
13. Chile (56.1 tons)

Imports of Aluminium; Powders of Lamellar Structure, Flakes in India

For the fourth consecutive year, India recorded growth in purchases abroad of aluminium; powders of lamellar structure, flakeses, which increased by 29% to 81 tons in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 181%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of aluminium; powders of lamellar structure, flakeses surged to $1.4M in 2022. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Aluminium; Powders of Lamellar Structure, Flakes to India in 2022:

1. Germany (54.7 tons)
2. United Arab Emirates (8.3 tons)
3. Belgium (5.9 tons)
4. United Kingdom (4.9 tons)
5. United States (3.1 tons)
6. Sweden (1.5 tons)
7. China (1.3 tons)

Source: IndexBox Market Intelligence Platform