Price for Aluminium; Tubes and Pipes in New Zealand - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in New Zealand (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in New Zealand (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in New Zealand
- Exports of Aluminium; Tubes and Pipes in New Zealand
Price for Aluminium; Tubes and Pipes in New Zealand (CIF) - 2022
The average aluminium; tubes and pipes import price stood at $7,166 per ton in 2022, which is down by -7.9% against the previous year. Over the period under review, the import price recorded a mild downturn. The growth pace was the most rapid in 2021 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $8,955 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($16,208 per ton), while the price for India ($4,766 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium; Tubes and Pipes in New Zealand (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $10,206 per ton in 2022, increasing by 58% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 92%. As a result, the export price attained the peak level of $12,901 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($11,099 per ton), while the average price for exports to the Netherlands ($6,099 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 Australia (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Tubes and Pipes in New Zealand
Aluminium; tubes and pipes imports into New Zealand expanded markedly to 516 tons in 2022, picking up by 12% on the previous year. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; tubes and pipes imports amounted to $3.7M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Aluminium; Tubes and Pipes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,493 | 1,827 | 2,743 | 2,388 | 16.9% |
| India | 13.5 | 30.8 | 38.8 | 440 | 219.4% |
| Italy | 232 | 133 | 201 | 313 | 10.5% |
| Australia | 194 | 198 | 136 | 221 | 4.4% |
| Taiwan (Chinese) | 33.5 | 48.7 | 115 | 125 | 55.1% |
| Others | 259 | 287 | 336 | 211 | -6.6% |
| Total | 2,225 | 2,524 | 3,571 | 3,697 | 18.4% |
Top Suppliers of Aluminium; Tubes and Pipes to New Zealand in 2022:
- China (332.9 tons)
- India (92.3 tons)
- Australia (40.3 tons)
- Italy (19.3 tons)
- Taiwan (Chinese) (15.4 tons)
Exports of Aluminium; Tubes and Pipes in New Zealand
In 2022, approx. 112 tons of aluminium; tubes and pipeses were exported from New Zealand; rising by 30% against 2021 figures. Overall, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, aluminium; tubes and pipes exports skyrocketed to $1.1M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 120%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Aluminium; Tubes and Pipes in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 196 | 147 | 499 | 922 | 67.6% |
| Netherlands | N/A | N/A | 7.4 | 107 | 1345.9% |
| Fiji | 59.0 | 34.9 | 10.3 | 62.0 | 1.7% |
| Others | 29.3 | 70.0 | 35.7 | 47.4 | 17.4% |
| Total | 284 | 252 | 553 | 1,139 | 58.9% |
Top Export Markets for Aluminium; Tubes and Pipes from New Zealand in 2022:
- Australia (83.1 tons)
- Netherlands (17.6 tons)
- Fiji (7.5 tons)
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