Fluorides; of Aluminium Price in the UK - 2023

Contents:

  1. Fluorides; of Aluminium Price in the UK (CIF) - 2022
  2. Fluorides; of Aluminium Price in the UK (FOB) - 2022
  3. Fluorides; of Aluminium Imports in the UK
  4. Fluorides; of Aluminium Exports in the UK

Fluorides; of Aluminium Price in the UK (CIF) - 2022

The average fluorides; of aluminium import price stood at $2,000 per ton in 2022, reducing by -30.2% against the previous year. Over the period under review, the import price recorded a slight decline. The growth pace was the most rapid in 2021 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $2,866 per ton, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($5,547 per ton), while the price for South Korea ($962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Fluorides; of Aluminium Price in the UK (FOB) - 2022

In 2022, the average fluorides; of aluminium export price amounted to $2,929 per ton, rising by 161% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of 1,011% against the previous year. As a result, the export price reached the peak level of $19,714 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,216 per ton), while the average price for exports to Taiwan (Chinese) ($1,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+43.3%), while the prices for the other major destinations experienced mixed trend patterns.

Fluorides; of Aluminium Imports in the UK

In 2022, approx. 649 tons of fluorides; of aluminia were imported into the UK; declining by -70.7% on the previous year. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 278%. As a result, imports reached the peak of 2.2K tons, and then dropped significantly in the following year.

In value terms, fluorides; of aluminium imports dropped markedly to $1.3M in 2022. Over the period under review, imports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 522% against the previous year. As a result, imports attained the peak of $6.4M, and then reduced dramatically in the following year.

Import of Fluorides; of Aluminium in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1.30.91.01.0-8.4%
SwedenN/A0.1N/A0.241.4%
South KoreaN/AN/AN/A0.10%
IrelandN/AN/A5.3N/A0%
Italy0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.51.06.41.3-4.7%

Top Suppliers of Fluorides; of Aluminium to the UK in 2022:

  1. Norway (520.3 tons)
  2. South Korea (80.6 tons)
  3. Sweden (40.7 tons)

Fluorides; of Aluminium Exports in the UK

In 2022, shipments abroad of fluorides; of aluminia decreased by -84.4% to 9.9 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 174% against the previous year. As a result, the exports reached the peak of 236 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fluorides; of aluminium exports declined significantly to $29K in 2022. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 78% against the previous year. As a result, the exports attained the peak of $308K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Fluorides; of Aluminium in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States32.8N/AN/A13.0-26.5%
IrelandN/AN/A1.710.0488.2%
SwedenN/AN/AN/A3.90%
Taiwan (Chinese)N/AN/AN/A2.10%
Germany0.189.516.1N/A1168.9%
MalaysiaN/A23.8N/AN/A0%
Qatar10819347.4N/A-33.8%
Others32.21.96.2N/A-56.1%
Total17330871.328.9-44.9%

Top Export Markets for Fluorides; of Aluminium from the UK in 2022:

  1. Ireland (5.3 tons)
  2. United States (2.1 tons)
  3. Taiwan (Chinese) (1.4 tons)
  4. Sweden (1.1 tons)

Source: IndexBox Market Intelligence Platform

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