Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand - 2024
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand (CIF) - 2024
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand (FOB) - 2024
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand (CIF) - 2024
In November 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $4,443 per ton, falling by -40.2% against the previous month. Overall, the import price saw a slight setback. The pace of growth was the most pronounced in October 2023 an increase of 60% month-to-month. As a result, import price reached the peak level of $7,426 per ton, and then contracted markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10,603 per ton), while the price for India ($3,057 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand (FOB) - 2024
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $5,112 per ton in November 2023, leveling off at the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 3.7% m-o-m. Over the period under review, the average export prices attained the peak figure at $5,155 per ton in January 2023; however, from February 2023 to November 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was Vietnam ($5,400 per ton), while the average price for exports to the Philippines stood at $4,837 per ton.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+0.0%).
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand
In 2022, after three years of growth, there was significant decline in overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, when their volume decreased by -33.2% to 1.7K tons. Overall, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, imports attained the peak of 2.6K tons, and then dropped remarkably in the following year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses dropped remarkably to $9M in 2022. The total import value increased at an average annual rate of +3.3% 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 2021 when imports increased by 49%. As a result, imports reached the peak of $11M, and then dropped remarkably in the following year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.2 | 1.3 | 2.1 | 2.0 | 18.6% |
| Bahrain | 1.7 | 1.3 | 2.9 | 1.9 | 3.8% |
| India | 1.8 | 1.6 | 2.1 | 1.7 | -1.9% |
| China | 2.0 | 2.0 | 2.2 | 1.7 | -5.3% |
| Japan | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
| Singapore | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Others | 0.8 | 0.2 | 0.6 | 0.7 | -4.4% |
| Total | 8.2 | 7.2 | 10.7 | 9.0 | 3.2% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Thailand in 2022:
- Bahrain (499.1 tons)
- India (450.9 tons)
- China (284.3 tons)
- Vietnam (266.1 tons)
- Singapore (88.6 tons)
- Japan (58.2 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand
In 2022, shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -14% to 1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 809% against the previous year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses shrank to $5.5M in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 833%.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 0.2 | 2.7 | 6.0 | 5.4 | 200.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 0.3 | 2.7 | 6.1 | 5.5 | 163.7% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Thailand in 2022:
- Vietnam (1003.6 tons)
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