Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel - 2024
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel (CIF) - 2022
The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $6,058 per ton in 2022, with an increase of 32% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($6,058 per ton) and Taiwan (Chinese) ($6,058 per ton), while the price for China ($6,058 per ton) and Germany ($6,058 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel (FOB) - 2022
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $6,046 per ton in 2022, surging by 8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($6,046 per ton) and India ($6,046 per ton), while the average price for exports to Italy ($6,042 per ton) and the UK ($6,046 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel
After three years of growth, purchases abroad of aluminium; alloys, bars, rods and profiles, other than hollows decreased by -9% to 45K tons in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.5% 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 +50.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40% against the previous year.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $272M in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 36%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.3 | 43.5 | 78.0 | 105 | 35.4% |
| Turkey | 18.6 | 33.9 | 61.6 | 76.1 | 59.9% |
| United States | 38.7 | 55.8 | 40.8 | 29.8 | -8.3% |
| Greece | 7.6 | 10.7 | 16.3 | 18.1 | 33.5% |
| Hong Kong SAR | 2.6 | 3.9 | 4.5 | 15.6 | 81.7% |
| Taiwan (Chinese) | 1.6 | 1.2 | 1.4 | 5.7 | 52.7% |
| Czech Republic | 3.5 | 7.6 | 10.9 | 5.4 | 15.6% |
| Germany | 2.1 | 3.3 | 3.5 | 3.3 | 16.3% |
| Others | 7.3 | 7.7 | 10.7 | 13.2 | 21.8% |
| Total | 124 | 168 | 228 | 272 | 29.9% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Israel in 2022:
- China (17.4K tons)
- Turkey (12.6K tons)
- United States (4.9K tons)
- Greece (3.0K tons)
- Hong Kong SAR (2.6K tons)
- Czech Republic (0.9K tons)
- Taiwan (Chinese) (0.9K tons)
- Germany (0.5K tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel
In 2022, overseas shipments of aluminium; alloys, bars, rods and profiles, other than hollows decreased by -1% to 3.2K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 4.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows amounted to $20M in 2022. The total export value increased at an average annual rate of +9.0% 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 exports increased by 36% against the previous year. As a result, the exports attained the peak of $21M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.0 | 14.3 | 12.8 | 13.2 | 23.5% |
| Austria | 2.0 | 2.0 | 2.7 | 2.3 | 4.8% |
| Spain | N/A | 0.1 | 0.1 | 1.5 | 287.3% |
| Slovenia | 0.9 | 0.3 | 0.4 | 1.2 | 10.1% |
| United Kingdom | 0.5 | 0.3 | 0.5 | 0.2 | -26.3% |
| Germany | 0.7 | 0.1 | 0.1 | 0.2 | -34.1% |
| Belgium | 0.6 | 0.9 | 0.5 | 0.2 | -30.7% |
| Thailand | 1.0 | N/A | N/A | N/A | 0% |
| India | 0.3 | 1.4 | 0.1 | N/A | -42.3% |
| Others | 2.1 | 1.2 | 0.9 | 0.8 | -27.5% |
| Total | 15.1 | 20.6 | 18.2 | 19.6 | 9.1% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Israel in 2022:
- United States (2190.4 tons)
- Austria (375.1 tons)
- Spain (253.4 tons)
- Slovenia (196.0 tons)
- Belgium (33.2 tons)
- United Kingdom (30.9 tons)
- Germany (26.3 tons)
- India (3.3 tons)
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