Price for Containers for Compressed or Liquefied Gas, of Aluminium in Australia - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Australia (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in Australia (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Australia
4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Australia

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Australia (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of aluminium amounted to $25 per unit, surging by 4.4% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for containers for compressed or liquefied gas, of aluminium increased by +120.2% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 China ($36 per unit), while the price for Japan ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in Australia (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of aluminium stood at $21 per unit in 2022, which is down by -3.5% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 38% against the previous year. The export price peaked at $25 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($19 per unit), while the average price for exports to New Caledonia ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Australia

In 2022, supplies from abroad of containers for compressed or liquefied gas, of aluminium decreased by -5.6% to 1.3M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, imports attained the peak of 1.4M units, and then declined in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium contracted modestly to $32M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $32M, and then declined modestly in the following year.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Australia in 2022:

1. Japan (358.1K units)
2. United States (234.9K units)
3. Thailand (178.4K units)
4. United Kingdom (143.8K units)
5. Israel (126.1K units)
6. New Zealand (100.3K units)
7. Netherlands (67.4K units)
8. China (49.8K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Australia

In 2022, exports of containers for compressed or liquefied gas, of aluminium from Australia declined notably to 32K units, waning by -20.2% against 2021. Overall, exports showed a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 26%. Over the period under review, the exports of reached the peak figure at 107K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of containers for compressed or liquefied gas, of aluminium fell notably to $672K in 2022. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 22%. The exports peaked at $2.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Australia in 2022:

1. New Zealand (12.4K units)
2. United States (6.7K units)
3. Lithuania (3.9K units)
4. United Kingdom (2.4K units)
5. Germany (2.3K units)
6. Singapore (1.6K units)
7. Papua New Guinea (0.9K units)

Source: IndexBox Market Intelligence Platform