Sulphates; of Aluminium Price in Iran - 2022
Contents:
- Sulphates; of Aluminium Price in Iran (FOB) - 2022
- Sulphates; of Aluminium Price in Iran (CIF) - 2022
- Sulphates; of Aluminium Exports in Iran
- Sulphates; of Aluminium Imports in Iran
Sulphates; of Aluminium Price in Iran (FOB) - 2022
The average sulphates; of aluminium export price stood at $244 per ton in 2022, waning by -6.8% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The pace of growth was the most pronounced in 2014 an increase of 77% against the previous year. Over the period under review, the average export prices hit record highs at $500 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
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 Azerbaijan ($1,355 per ton), while the average price for exports to Iraq ($230 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 Georgia (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Aluminium Price in Iran (CIF) - 2022
The average sulphates; of aluminium import price stood at $577 per ton in 2022, with a decrease of -8% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 53%. Over the period under review, average import prices attained the peak figure at $812 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,124 per ton), while the price for Turkey ($168 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Aluminium Exports in Iran
In 2022, shipments abroad of sulphates; of aluminia was finally on the rise to reach 410 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous decline.
In value terms, sulphates; of aluminium exports soared to $100K in 2022. Over the period under review, exports, however, recorded a precipitous decrease.
| Export of Sulphates; of Aluminium in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 420 | 135 | 26.9 | 90.7 | -40.0% |
| Turkmenistan | 46.9 | 5.7 | 0.2 | 3.3 | -58.7% |
| Mauritania | N/A | 27.2 | N/A | N/A | 0% |
| Others | 7.8 | 4.3 | 1.3 | 6.1 | -7.9% |
| Total | 474 | 172 | 28.4 | 100 | -40.5% |
Top Export Markets for Sulphates; of Aluminium from Iran in 2022:
- Iraq (394.6 tons)
- Turkmenistan (5.1 tons)
Sulphates; of Aluminium Imports in Iran
In 2022, approx. 147 tons of sulphates; of aluminia were imported into Iran; jumping by 23% compared with the year before. The total import volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of aluminium imports rose markedly to $85K in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of $95K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphates; of Aluminium in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.3 | 59.6 | 46.3 | 51.6 | 71.1% |
| Italy | 39.9 | 24.3 | 18.9 | 21.2 | -19.0% |
| China | 11.5 | 8.1 | 7.4 | 9.6 | -5.8% |
| Turkey | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Others | 5.0 | 2.5 | 1.6 | 1.7 | -30.2% |
| Total | 67.1 | 94.8 | 74.6 | 84.7 | 8.1% |
Top Suppliers of Sulphates; of Aluminium to Iran in 2022:
- Italy (97.6 tons)
- China (27.0 tons)
- Spain (16.5 tons)
- Turkey (3.3 tons)
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