Chlorides; of Aluminium Price in Finland - 2023

Contents:

1. Chlorides; of Aluminium Price in Finland (FOB) - 2023
2. Chlorides; of Aluminium Price in Finland (CIF) - 2022
3. Chlorides; of Aluminium Exports in Finland
4. Chlorides; of Aluminium Imports in Finland

Chlorides; of Aluminium Price in Finland (FOB) - 2023

The average chlorides; of aluminium export price stood at $382 per ton in August 2023, approximately equating the previous month. In general, the export price, however, continues to indicate a slight descent. The pace of growth was the most pronounced in April 2023 an increase of 52% month-to-month. As a result, the export price attained the peak level of $564 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From August 2022 to August 2023, the rate of growth in terms of prices for Estonia amounted to +3.3% per month.

Chlorides; of Aluminium Price in Finland (CIF) - 2022

In 2022, the average chlorides; of aluminium import price amounted to $381 per ton, falling by -3.9% against the previous year. In general, the import price saw a deep downturn. The growth pace was the most rapid in 2016 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $878 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 ($1,424 per ton), while the price for Sweden ($226 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.5%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Aluminium Exports in Finland

In 2022, approx. 7.6K tons of chlorides; of aluminia were exported from Finland; waning by -14.3% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports attained the peak of 8.9K tons, and then declined in the following year.

In value terms, chlorides; of aluminium exports reduced modestly to $2.6M in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports attained the peak of $2.7M, and then declined in the following year.

Top Export Markets for Chlorides; of Aluminium from Finland in 2022:

1. Sweden (3.5K tons)
2. Estonia (3.2K tons)
3. Russia (0.7K tons)

Chlorides; of Aluminium Imports in Finland

In 2022, chlorides; of aluminium imports into Finland soared to 4.2K tons, with an increase of 24% compared with the previous year's figure. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 224% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, chlorides; of aluminium imports soared to $1.6M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 46%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Chlorides; of Aluminium to Finland in 2022:

1. Sweden (3664.2 tons)
2. Germany (330.2 tons)
3. France (72.7 tons)
4. United Kingdom (1.3 tons)

Source: IndexBox Market Intelligence Platform