Chlorides; of Aluminium Price in Indonesia - 2022

Contents:

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

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

In March 2022, the average chlorides; of aluminium import price amounted to $432 per ton, shrinking by -8.4% against the previous month. In general, import price indicated a pronounced expansion from March 2021 to March 2022: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, chlorides; of aluminium import price decreased by -10.7% against January 2022 indices. The most prominent rate of growth was recorded in December 2021 when the average import price increased by 18% month-to-month. Over the period under review, average import prices hit record highs at $484 per ton in January 2022; however, from February 2022 to March 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Vietnam ($450 per ton), while the price for India ($429 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in Indonesia (FOB) - 2022

In March 2022, the average chlorides; of aluminium export price amounted to $705 per ton, surging by 9.5% against the previous month. In general, export price indicated a perceptible expansion from March 2021 to March 2022: its price increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, chlorides; of aluminium export price decreased by -4.5% against December 2021 indices. The pace of growth was the most pronounced in October 2021 when the average export price increased by 67% month-to-month. The export price peaked at $738 per ton in December 2021; however, from January 2022 to March 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Canada ($1,140 per ton), while the average price for exports to Singapore ($300 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Aluminium Imports in Indonesia

In 2022, the amount of chlorides; of aluminia imported into Indonesia surged to 55K tons, picking up by 27% against the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, chlorides; of aluminium imports soared to $21M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (50.7K tons)
2. India (2.8K tons)

Chlorides; of Aluminium Exports in Indonesia

In 2022, approx. 2.5K tons of chlorides; of aluminia were exported from Indonesia; with a decrease of -7.4% compared with the year before. Overall, exports recorded a abrupt decrease.

In value terms, chlorides; of aluminium exports soared to $1.8M in 2022. In general, exports continue to indicate a pronounced decrease.

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

1. Australia (1153.7 tons)
2. Philippines (530.0 tons)
3. New Zealand (325.2 tons)
4. Canada (240.0 tons)
5. Singapore (187.5 tons)
6. Malaysia (34.5 tons)

Source: IndexBox Market Intelligence Platform