Sulphates; of Aluminium Price in Canada - 2023
Contents:
- Sulphates; of Aluminium Price in Canada (CIF) - 2022
- Sulphates; of Aluminium Price in Canada (FOB) - 2023
- Sulphates; of Aluminium Imports in Canada
- Sulphates; of Aluminium Exports in Canada
Sulphates; of Aluminium Price in Canada (CIF) - 2022
The average sulphates; of aluminium import price stood at $221 per ton in 2022, surging by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,355 per ton), while the price for the United States ($175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.1%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Aluminium Price in Canada (FOB) - 2023
In September 2023, the average sulphates; of aluminium export price amounted to $358 per ton, flattening at the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 14% against the previous month. The export price peaked at $389 per ton in October 2022; however, from November 2022 to September 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -0.5% per month.
Sulphates; of Aluminium Imports in Canada
For the third consecutive year, Canada recorded decline in supplies from abroad of sulphates; of aluminia, which decreased by -20.5% to 9K tons in 2022. Over the period under review, imports continue to indicate a deep setback. The smallest decline of -0.9% was in 2020.
In value terms, sulphates; of aluminium imports dropped slightly to $2M in 2022. In general, imports saw a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 5.7% against the previous year.
| Import of Sulphates; of Aluminium in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,868 | 1,538 | 1,497 | 1,476 | -7.6% |
| China | 96.4 | 160 | 273 | 351 | 53.8% |
| Turkey | 170 | 157 | 219 | 88.3 | -19.6% |
| Others | 76.6 | 58.2 | 33.4 | 67.2 | -4.3% |
| Total | 2,212 | 1,913 | 2,022 | 1,982 | -3.6% |
Top Suppliers of Sulphates; of Aluminium to Canada in 2022:
- United States (8.4K tons)
- China (0.3K tons)
- Turkey (0.2K tons)
Sulphates; of Aluminium Exports in Canada
In 2022, the amount of sulphates; of aluminia exported from Canada reached 6.7K tons, surging by 2.8% against the previous year's figure. Over the period under review, exports, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 2.9% against the previous year.
In value terms, sulphates; of aluminium exports surged to $2.2M in 2022. Overall, exports, however, recorded a slight descent.
| Export of Sulphates; of Aluminium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 2.0 | 1.9 | 2.2 | -1.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.3 | 2.0 | 1.9 | 2.2 | -1.5% |
Top Export Markets for Sulphates; of Aluminium from Canada in 2022:
- United States (6.7K tons)
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