Price for Aluminium Waste and Scrap in Sudan - 2022

Contents:

1. Price for Aluminium Waste and Scrap in Sudan (FOB) - 2022
2. Price for Aluminium Waste and Scrap in Sudan (CIF) - 2022
3. Exports of Aluminium Waste and Scrap in Sudan
4. Imports of Aluminium Waste and Scrap in Sudan

Price for Aluminium Waste and Scrap in Sudan (FOB) - 2022

The average aluminium waste and scrap export price stood at $1,820 per ton in 2022, picking up by 17% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2021 an increase of 27%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,160 per ton), while the average price for exports to South Korea ($1,669 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 Singapore (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium Waste and Scrap in Sudan (CIF) - 2022

The average aluminium waste and scrap import price stood at $621 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. Over the period under review, average import prices attained the peak figure at $1,140 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($1,221 per ton), while the price for the United Arab Emirates totaled $440 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+65.2%), while the prices for the other major suppliers experienced a decline.

Exports of Aluminium Waste and Scrap in Sudan

In 2022, aluminium waste and scrap exports from Sudan rose significantly to 1.6K tons, with an increase of 12% on the previous year's figure. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 55% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, aluminium waste and scrap exports surged to $2.9M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 96%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Aluminium Waste and Scrap from Sudan in 2022:

1. India (867.9 tons)
2. United Arab Emirates (448.6 tons)
3. South Korea (282.5 tons)

Imports of Aluminium Waste and Scrap in Sudan

In 2022, aluminium waste and scrap imports into Sudan fell significantly to 2.9 tons, waning by -19.3% on 2021 figures. Overall, imports recorded a precipitous contraction.

In value terms, aluminium waste and scrap imports dropped dramatically to $1.8K in 2022. Over the period under review, imports saw a significant curtailment.

Top Suppliers of Aluminium Waste and Scrap to Sudan in 2022:

1. United Arab Emirates (2.2 tons)
2. Jordan (0.7 tons)

Source: IndexBox Market Intelligence Platform