Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden (CIF) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden (FOB) - 2023
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden (CIF) - 2023
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,765 per ton in October 2023, jumping by 355% against the previous month. Over the period under review, the import price continues to indicate a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($4,028 per ton), while the price for Norway ($223 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden (FOB) - 2023
In October 2023, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $2,313 per ton, growing by 437% against the previous month. Overall, the export price saw a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Norway.
From October 2022 to October 2023, the rate of growth in terms of prices for Norway amounted to +3.1% per month.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden
Imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Sweden declined modestly to 346K tons in 2022, which is down by -2% on the year before. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10%. As a result, imports attained the peak of 353K tons, and then fell in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded sharply to $138M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 67.1 | 55.8 | 84.5 | 97.3 | 13.2% |
Spain | 18.8 | 19.5 | 14.2 | 13.4 | -10.7% |
Germany | 12.6 | 9.5 | 9.6 | 9.5 | -9.0% |
Greece | 3.0 | N/A | 0.9 | 1.9 | -14.1% |
Others | 17.5 | 13.5 | 18.3 | 16.1 | -2.7% |
Total | 119 | 98.2 | 128 | 138 | 5.1% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Sweden in 2022:
- Ireland (253.7K tons)
- Spain (59.8K tons)
- Germany (8.8K tons)
- Greece (8.0K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden
In 2022, overseas shipments of aluminium oxide (including artificial corundum); aluminium hydroxide increased by 18% to 19K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a noticeable reduction.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide surged to $7.8M in 2022. Overall, exports, however, showed a mild slump.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 7.0 | 5.8 | 5.4 | 7.3 | 1.4% |
Norway | 0.5 | 0.2 | 0.2 | 0.2 | -26.3% |
Others | 0.6 | 0.1 | 0.2 | 0.4 | -12.6% |
Total | 8.1 | 6.2 | 5.7 | 7.8 | -1.3% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Sweden in 2022:
- Denmark (18.2K tons)
- Norway (0.1K tons)
This report provides an in-depth analysis of the alumina market in Sweden.
This report provides an in-depth analysis of the aluminium hydroxide market in Sweden.
This report provides an in-depth analysis of the artificial corundum market in Sweden.
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 Sweden.
This report provides an in-depth analysis of the aluminium hydroxide market in Sweden.
This report provides an in-depth analysis of the artificial corundum market in Sweden.
This report provides an in-depth analysis of the global alumina market.
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