Price for Aluminium; Alloys, Hollow Profiles in Japan - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Japan (CIF) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Japan (FOB) - 2023
- Imports of Aluminium; Alloys, Hollow Profiles in Japan
- Exports of Aluminium; Alloys, Hollow Profiles in Japan
Price for Aluminium; Alloys, Hollow Profiles in Japan (CIF) - 2023
The average aluminium; alloys, hollow profiles import price stood at $4,948 per ton in July 2023, with an increase of 2.8% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 12% m-o-m. As a result, import price reached the peak level of $5,372 per ton. From November 2022 to July 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Indonesia ($6,171 per ton) and Taiwan (Chinese) ($5,468 per ton), while the price for South Korea ($4,687 per ton) and China ($4,831 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Alloys, Hollow Profiles in Japan (FOB) - 2023
In July 2023, the average aluminium; alloys, hollow profiles export price amounted to $5,324 per ton, approximately equating the previous month. Overall, the export price saw a slight descent. The most prominent rate of growth was recorded in January 2023 an increase of 11% against the previous month. The export price peaked at $6,359 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($9,914 per ton), while the average price for exports to Vietnam ($4,247 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.0%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Hollow Profiles in Japan
In 2022, purchases abroad of aluminium; alloys, hollow profileses increased by 19% to 9.4K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, aluminium; alloys, hollow profiles imports surged to $48M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Hollow Profiles in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.7 | 11.0 | 12.6 | 17.2 | 7.9% |
| Vietnam | 11.6 | 9.0 | 11.5 | 15.8 | 10.8% |
| Thailand | 5.3 | 6.6 | 3.6 | 6.8 | 8.7% |
| South Korea | 1.8 | 0.9 | 2.4 | 2.9 | 17.2% |
| Indonesia | 3.5 | 2.2 | 2.7 | 2.5 | -10.6% |
| Germany | 1.3 | 1.5 | 1.8 | 1.2 | -2.6% |
| Others | 1.2 | 2.5 | 0.9 | 1.4 | 5.3% |
| Total | 38.4 | 33.6 | 35.5 | 47.9 | 7.6% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Japan in 2022:
- China (3.6K tons)
- Vietnam (3.0K tons)
- Thailand (1.7K tons)
- South Korea (0.5K tons)
- Indonesia (0.4K tons)
- Germany (0.1K tons)
Exports of Aluminium; Alloys, Hollow Profiles in Japan
In 2022, exports of aluminium; alloys, hollow profileses from Japan surged to 3.8K tons, rising by 38% on 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports soared to $22M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Hollow Profiles in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 0.6 | 1.0 | 3.1 | 6.0 | 115.4% |
| Mexico | N/A | N/A | N/A | 3.7 | 0% |
| Taiwan (Chinese) | 1.4 | 2.7 | 2.8 | 3.5 | 35.7% |
| United States | 2.0 | 2.0 | 2.7 | 2.0 | 0.0% |
| China | 7.8 | 6.6 | 5.6 | 1.9 | -37.5% |
| Belgium | 0.2 | 0.6 | 0.5 | 1.4 | 91.3% |
| Philippines | 0.2 | 0.2 | 0.2 | 0.7 | 51.8% |
| Indonesia | 0.8 | 0.3 | 0.3 | 0.3 | -27.9% |
| India | 3.8 | 1.4 | 0.2 | 0.2 | -62.5% |
| Czech Republic | N/A | 1.0 | 0.4 | N/A | -60.0% |
| Others | 2.8 | 3.7 | 3.3 | 2.6 | -2.4% |
| Total | 19.4 | 19.4 | 19.1 | 22.5 | 5.1% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Japan in 2022:
- Thailand (956.1 tons)
- Mexico (721.5 tons)
- Taiwan (Chinese) (583.1 tons)
- China (424.0 tons)
- United States (349.1 tons)
- Belgium (141.5 tons)
- Philippines (112.1 tons)
- Indonesia (36.7 tons)
- India (34.2 tons)
- Czech Republic (1.5 tons)
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