Chlorides; of Aluminium Price in Spain - 2023

Contents:

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

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

In August 2023, the average chlorides; of aluminium export price amounted to $385 per ton, falling by -3.1% against the previous month. In general, export price indicated perceptible growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, chlorides; of aluminium export price decreased by -14.3% against May 2023 indices. The pace of growth was the most pronounced in November 2022 when the average export price increased by 46% month-to-month. Over the period under review, the average export prices reached the peak figure at $450 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Morocco ($798 per ton), while the average price for exports to Portugal ($273 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average chlorides; of aluminium import price amounted to $390 per ton, with an increase of 5.1% against the previous year. In general, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 32%. As a result, import price reached the peak level of $794 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($2,465 per ton), while the price for Portugal ($190 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Exports in Spain

In 2022, approx. 32K tons of chlorides; of aluminia were exported from Spain; with an increase of 13% against the previous year's figure. Overall, exports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.

In value terms, chlorides; of aluminium exports soared to $9.8M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorides; of Aluminium in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.83.23.94.6-7.4%
Portugal1.82.22.32.815.9%
Morocco0.40.30.40.40.0%
Italy0.10.10.20.344.2%
IrelandN/AN/A0.10.3200.0%
Others1.20.91.11.57.7%
Total9.36.78.09.81.8%

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

  1. France (16.8K tons)
  2. Portugal (11.4K tons)
  3. Ireland (1.2K tons)
  4. Morocco (0.9K tons)
  5. Italy (0.5K tons)

Chlorides; of Aluminium Imports in Spain

Chlorides; of aluminium imports into Spain reduced rapidly to 5.8K tons in 2022, shrinking by -20.1% compared with the previous year's figure. Over the period under review, imports recorded a precipitous setback. The smallest decline of -9.3% was in 2020.

In value terms, chlorides; of aluminium imports dropped notably to $2.3M in 2022. In general, imports showed a abrupt decline. The smallest decline of -1% was in 2020.

Import of Chlorides; of Aluminium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal2,2482,3081,254917-25.8%
Germany4934995485302.4%
United States26324753847722.0%
France15713797.0105-12.5%
HungaryN/AN/AN/A66.10%
Finland76.088.575.2N/A-0.5%
Others16182.21971793.6%
Total3,3983,3622,7102,273-12.5%

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

  1. Portugal (4821.7 tons)
  2. United States (451.7 tons)
  3. Germany (223.7 tons)
  4. France (108.7 tons)
  5. Hungary (101.5 tons)

Source: IndexBox Market Intelligence Platform

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