Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $983 per ton in 2022, rising by 39% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium oxide (including artificial corundum); aluminium hydroxide increased by +40.1% against 2020 indices. Over the period under review, average import prices attained the maximum at $1,042 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($3,346 per ton), while the price for Spain ($204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $5,179 per ton in 2022, surging by 25% against the previous year. In general, the export price posted strong growth. The growth pace was the most rapid in 2019 when the average export price increased by 79% against the previous year. As a result, the export price reached the peak level of $6,436 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($15,220 per ton), while the average price for exports to the UK ($1,021 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 Poland (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland
In 2022, purchases abroad of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -19% to 24K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 30K tons, and then shrank sharply in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded markedly to $24M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.1% 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 +51.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.6 | 4.1 | 5.3 | 6.5 | 12.2% |
Austria | 3.2 | 2.4 | 5.0 | 4.4 | 11.2% |
Brazil | 2.0 | 1.8 | 1.9 | 2.6 | 9.1% |
Spain | 4.7 | 2.1 | 2.5 | 1.9 | -26.1% |
Netherlands | 0.8 | 0.7 | 0.8 | 1.1 | 11.2% |
Greece | N/A | 1.4 | 1.9 | 1.0 | -15.5% |
Norway | N/A | N/A | N/A | 0.2 | 0% |
Russia | 0.7 | 0.6 | 0.9 | 0.2 | -34.1% |
Others | 2.6 | 2.7 | 2.9 | 6.1 | 32.9% |
Total | 18.5 | 15.8 | 21.3 | 24.0 | 9.1% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Finland in 2022:
- Spain (9.5K tons)
- Greece (4.0K tons)
- Germany (3.9K tons)
- Brazil (1.8K tons)
- Austria (1.3K tons)
- Netherlands (0.9K tons)
- Norway (0.9K tons)
- Russia (0.1K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland
After three years of growth, shipments abroad of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -33.1% to 56 tons in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 152% against the previous year. As a result, the exports reached the peak of 84 tons, and then shrank dramatically in the following year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide shrank significantly to $292K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 184%. As a result, the exports reached the peak of $349K, and then dropped remarkably in the following year.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | N/A | N/A | 83.8 | 239 | 185.2% |
Sweden | 0.1 | 1.2 | 15.6 | 16.7 | 450.7% |
India | 7.0 | 7.2 | 12.4 | 16.2 | 32.3% |
Indonesia | N/A | N/A | N/A | 5.3 | 0% |
United Kingdom | N/A | N/A | N/A | 3.8 | 0% |
Estonia | 3.8 | 2.3 | 4.3 | 2.9 | -8.6% |
Russia | 122 | 109 | 213 | 0.7 | -82.1% |
Others | 20.3 | 3.1 | 20.0 | 7.5 | -28.2% |
Total | 153 | 123 | 349 | 292 | 24.0% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Finland in 2022:
- Turkey (38.5 tons)
- Sweden (6.5 tons)
- United Kingdom (3.8 tons)
- India (2.5 tons)
- Indonesia (2.0 tons)
- Estonia (1.7 tons)
- Russia (0.1 tons)
This report provides an in-depth analysis of the alumina market in Finland.
This report provides an in-depth analysis of the aluminium hydroxide market in Finland.
This report provides an in-depth analysis of the artificial corundum market in Finland.
This report provides an in-depth analysis of the global alumina market.
This report provides an in-depth analysis of the global aluminium hydroxide market.
This report provides an in-depth analysis of the global artificial corundum market.
This report provides an in-depth analysis of the alumina market in Finland.
This report provides an in-depth analysis of the aluminium hydroxide market in Finland.
This report provides an in-depth analysis of the artificial corundum market in Finland.
This report provides an in-depth analysis of the global alumina market.
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