Chlorides; of Aluminium Price in Sri Lanka - 2021
Contents:
- Chlorides; of Aluminium Price in Sri Lanka (CIF) - 2022
- Chlorides; of Aluminium Price in Sri Lanka (FOB) - 2022
- Chlorides; of Aluminium Imports in Sri Lanka
- Chlorides; of Aluminium Exports in Sri Lanka
Chlorides; of Aluminium Price in Sri Lanka (CIF) - 2022
In 2022, the average chlorides; of aluminium import price amounted to $411 per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($463 per ton), while the price for India stood at $391 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Chlorides; of Aluminium Price in Sri Lanka (FOB) - 2022
In 2020, the average chlorides; of aluminium export price amounted to $1,157 per ton, increasing by 57% against the previous year. In general, the export price, however, faced a dramatic contraction. Over the period under review, the average export prices reached the peak figure at $3,222 per ton in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2017 to 2020, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.
Chlorides; of Aluminium Imports in Sri Lanka
Chlorides; of aluminium imports into Sri Lanka contracted to 7.8K tons in 2022, falling by -8.3% on the year before. In general, imports recorded a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, imports reached the peak of 8.6K tons, and then shrank in the following year.
In value terms, chlorides; of aluminium imports rose slightly to $3.2M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Chlorides; of Aluminium in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.2 | 1.8 | 2.3 | 2.4 | 2.9% |
| China | 0.8 | 0.7 | 0.8 | 0.8 | 0.0% |
| Hong Kong SAR | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 2.6 | 3.2 | 3.2 | 1.1% |
Top Suppliers of Chlorides; of Aluminium to Sri Lanka in 2022:
- India (6.0K tons)
- China (1.8K tons)
Chlorides; of Aluminium Exports in Sri Lanka
In 2020, approx. 1.8 tons of chlorides; of aluminia were exported from Sri Lanka; declining by -58.8% compared with 2019. Over the period under review, exports continue to indicate a dramatic downturn.
In value terms, chlorides; of aluminium exports dropped sharply to $2K in 2020. In general, exports continue to indicate a significant decrease.
| Export of Chlorides; of Aluminium in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Australia | N/A | 2.0 | 0% | ||
| Ghana | 3.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 3.1 | 2.0 | -35.5% | ||
Top Export Markets for Chlorides; of Aluminium from Sri Lanka in 2022:
- Australia (1.8 tons)
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