Price for Containers for Compressed or Liquefied Gas, of Aluminium in India - 2023
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in India (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in India (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Aluminium in India
- Exports of Containers for Compressed or Liquefied Gas, of Aluminium in India
Price for Containers for Compressed or Liquefied Gas, of Aluminium in India (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of aluminium stood at $28 per unit in 2022, growing by 21% against the previous year. Overall, the import price showed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 79%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($111 per unit), while the price for Russia ($8.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.0%), 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 India (FOB) - 2022
In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $11 per unit, with an increase of 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2021 when the average export price increased by 31%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($13 per unit), while the average price for exports to Nigeria ($7.8 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 Israel (+10.5%), 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 India
In 2022, overseas purchases of containers for compressed or liquefied gas, of aluminium decreased by -3.4% to 917K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 216% against the previous year. As a result, imports reached the peak of 950K units, and then contracted slightly in the following year.
In value terms, imports of containers for compressed or liquefied gas, of aluminium surged to $25M in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 178% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Containers for Compressed or Liquefied Gas, of Aluminium in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1.3 | 3.0 | 9.6 | 8.4 | 86.3% |
| United States | 0.9 | 2.0 | 3.9 | 6.3 | 91.3% |
| United Kingdom | 2.3 | 0.5 | 4.2 | 4.8 | 27.8% |
| Poland | 0.7 | 1.1 | 2.1 | 2.5 | 52.9% |
| Germany | 0.2 | 0.7 | 1.5 | 1.9 | 111.8% |
| Russia | N/A | N/A | N/A | 0.2 | 0% |
| China | 0.1 | 0.2 | 0.2 | 0.1 | 0.0% |
| Others | 0.3 | 0.4 | 0.5 | 1.1 | 54.2% |
| Total | 5.8 | 7.9 | 21.9 | 25.5 | 63.8% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to India in 2022:
- Canada (285.4K units)
- United States (192.2K units)
- United Kingdom (192.0K units)
- Poland (105.0K units)
- Germany (77.6K units)
- Russia (17.3K units)
- China (6.6K units)
Exports of Containers for Compressed or Liquefied Gas, of Aluminium in India
In 2022, exports of containers for compressed or liquefied gas, of aluminium from India reduced rapidly to 706K units, waning by -19.3% compared with the year before. Over the period under review, exports faced a abrupt descent. The smallest decline of -4.2% was in 2021. Over the period under review, the exports of hit record highs at 1.1M 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 contracted to $7.4M in 2022. In general, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. Over the period under review, the exports of reached the maximum at $8.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Containers for Compressed or Liquefied Gas, of Aluminium in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5,385 | 3,894 | 3,949 | 3,924 | -10.0% |
| Iran | 272 | 170 | 69.0 | 450 | 18.3% |
| Egypt | 99.5 | 123 | 400 | 425 | 62.3% |
| Israel | 63.1 | 104 | 598 | 355 | 77.9% |
| Brazil | 20.8 | 23.5 | 360 | 275 | 136.5% |
| United Kingdom | 452 | 316 | 223 | 258 | -17.0% |
| Tanzania | 369 | 226 | 370 | 248 | -12.4% |
| South Africa | 72.2 | 35.2 | 250 | 132 | 22.3% |
| Nigeria | 80.8 | 77.4 | 118 | 118 | 13.5% |
| Cote d'Ivoire | 123 | 96.5 | 110 | 44.9 | -28.5% |
| Others | 1,169 | 957 | 1,129 | 1,205 | 1.0% |
| Total | 8,105 | 6,023 | 7,576 | 7,434 | -2.8% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from India in 2022:
- United Arab Emirates (380.5K units)
- Iran (57.3K units)
- Egypt (47.0K units)
- Israel (31.9K units)
- Tanzania (30.9K units)
- United Kingdom (30.2K units)
- Brazil (21.3K units)
- Nigeria (15.2K units)
- South Africa (12.8K units)
- Cote d'Ivoire (3.5K units)
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