Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia (CIF) - 2022

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $4,624 per ton in 2022, growing by 16% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.2% 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; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +34.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 Japan ($10,754 per ton), while the price for Malaysia ($3,447 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3,984 per ton, with an increase of 63% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% 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, wire, maximum cross-sectional dimension exceeding 7mms increased by +93.9% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($5,061 per ton), while the average price for exports to China totaled $3,828 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Indonesia surged to 355 tons, increasing by 34% against the previous year's figure. Overall, imports, however, recorded a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $1.6M in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53310751272710.9%
Malaysia4341632745105.5%
Netherlands50.721.472.920559.3%
United Kingdom52.327.416713336.5%
Japan2.81.43.467.5188.9%
Others43.916.030.9N/A-16.1%
Total1,1173371,0591,64313.7%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Indonesia in 2022:

  1. Malaysia (147.8 tons)
  2. China (146.5 tons)
  3. Netherlands (35.0 tons)
  4. United Kingdom (19.6 tons)
  5. Japan (6.3 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia

In 2022, overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -48.5% to 6.3 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of 17 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms reduced sharply to $25K in 2022. Over the period under review, exports saw a abrupt curtailment. The smallest decline of -13.8% was in 2020.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.11.51.221.2168.1%
Thailand2.61.70.64.015.4%
New Zealand1.91.80.9N/A-31.2%
South Korea11.22.68.7N/A-11.9%
Malaysia3.32.00.9N/A-47.8%
Mauritius14.818.412.8N/A-7.0%
Bangladesh3.74.93.7N/A0.0%
Others2.02.11.2N/A-22.5%
Total40.635.030.125.3-14.6%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Indonesia in 2022:

  1. China (5.5 tons)
  2. Thailand (0.8 tons)

Source: IndexBox Market Intelligence Platform

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