Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran - 2022
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran (CIF) - 2022
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran (FOB) - 2022
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran (CIF) - 2022
In 2022, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,491 per ton, rising by 3.2% against the previous year. In general, the import price posted mild growth. The growth pace was the most rapid in 2019 when the average import price increased by 109%. As a result, import price attained the peak level of $7,640 per ton. From 2020 to 2022, the average 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 Germany ($17,456 per ton), while the price for South Korea ($1,623 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), 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 Iran (FOB) - 2022
In 2022, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $3,793 per ton, with an increase of 53% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, bars, rods and profiles, other than hollows increased by +74.5% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($6,242 per ton), while the average price for exports to Georgia ($1,814 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 Oman (+16.5%), 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 Iran
In 2022, imports of aluminium; alloys, bars, rods and profiles, other than hollows into Iran skyrocketed to 807 tons, surging by 25% against 2021. In general, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 154%.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $3.6M in 2022. Overall, imports, however, showed a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 130%.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,730 | 331 | 337 | 1,426 | -6.2% |
| China | 565 | 417 | 936 | 1,371 | 34.4% |
| Czech Republic | 320 | 164 | 547 | 252 | -7.7% |
| United Arab Emirates | 166 | 17.0 | 172 | 226 | 10.8% |
| Greece | 150 | 73.6 | 236 | 104 | -11.5% |
| Italy | 11.5 | 38.8 | 202 | 78.0 | 89.3% |
| South Korea | 83.5 | 36.1 | 102 | 39.7 | -22.0% |
| Portugal | 6,342 | N/A | N/A | N/A | 0% |
| Others | 421 | 139 | 266 | 126 | -33.1% |
| Total | 9,788 | 1,216 | 2,798 | 3,623 | -28.2% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Iran in 2022:
- Turkey (370.0 tons)
- China (288.9 tons)
- Czech Republic (48.6 tons)
- United Arab Emirates (27.0 tons)
- South Korea (24.5 tons)
- Italy (18.4 tons)
- Greece (15.6 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran
In 2022, the amount of aluminium; alloys, bars, rods and profiles, other than hollows exported from Iran contracted sharply to 196 tons, which is down by -86.4% compared with the previous year's figure. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, the exports reached the peak of 1.4K tons, and then reduced sharply in the following year.
In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows fell remarkably to $744K in 2022. Overall, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, the exports reached the peak of $3.6M, and then shrank rapidly in the following year.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 1,708 | 1,587 | 1,017 | 332 | -42.1% |
| Poland | N/A | N/A | N/A | 121 | 0% |
| Iraq | 426 | 282 | 806 | 103 | -37.7% |
| Turkey | 5.0 | 197 | 1,057 | 73.8 | 145.3% |
| Oman | 8.2 | 7.3 | 25.8 | 36.8 | 64.9% |
| Qatar | 128 | 66.7 | 252 | 11.8 | -54.8% |
| Georgia | 38.0 | 15.7 | 18.3 | 11.3 | -33.3% |
| Germany | 163 | 9.4 | 161 | 11.3 | -58.9% |
| Others | 114 | 89.6 | 232 | 43.9 | -27.2% |
| Total | 2,590 | 2,255 | 3,569 | 744 | -34.0% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Iran in 2022:
- Afghanistan (103.8 tons)
- Iraq (24.1 tons)
- Poland (19.4 tons)
- Turkey (15.5 tons)
- Oman (10.9 tons)
- Georgia (6.2 tons)
- Qatar (6.0 tons)
- Germany (1.9 tons)
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