Australia - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Alloy Aluminium Bar Price in Australia - 2023
Contents:
- Non-Alloy Aluminium Bar Price in Australia (CIF) - 2023
- Non-Alloy Aluminium Bar Price in Australia (FOB) - 2022
- Non-Alloy Aluminium Bar Imports in Australia
- Non-Alloy Aluminium Bar Exports in Australia
Non-Alloy Aluminium Bar Price in Australia (CIF) - 2023
The average non-alloy aluminium bar import price stood at $3,337 per ton in August 2023, reducing by -25.6% against the previous month. Over the period under review, the import price continues to indicate a slight setback. The growth pace was the most rapid in November 2022 when the average import price increased by 24% against the previous month. The import price peaked at $4,488 per ton in July 2023, and then fell notably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($7,120 per ton), while the price for Malaysia ($2,950 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by New Zealand (-1.2%), while the prices for the other major suppliers experienced a decline.
Non-Alloy Aluminium Bar Price in Australia (FOB) - 2022
The average non-alloy aluminium bar export price stood at $8,858 per ton in 2022, shrinking by -8.3% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 56% against the previous year. As a result, the export price attained the peak level of $9,655 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($48,343 per ton), while the average price for exports to India ($3,260 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 Singapore (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Aluminium Bar Imports in Australia
In 2022, approx. 5.3K tons of non-alloy aluminium bars, rods and profiles were imported into Australia; declining by -5.8% against 2021 figures. Overall, imports continue to indicate a abrupt descent.
In value terms, non-alloy aluminium bar imports rose modestly to $21M in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 10%.
| Import of Non-Alloy Aluminium Bar in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 10.3 | 9.0 | 8.4 | 8.9 | -4.8% |
| Malaysia | 11.8 | 5.5 | 6.7 | 7.7 | -13.3% |
| China | 0.7 | 0.6 | 1.4 | 1.4 | 26.0% |
| Indonesia | 0.1 | 1.3 | 1.0 | 1.0 | 115.4% |
| India | 0.6 | 0.4 | 0.4 | 0.5 | -5.9% |
| Others | 2.2 | 2.2 | 3.1 | 2.0 | -3.1% |
| Total | 25.7 | 19.0 | 21.0 | 21.4 | -5.9% |
Top Suppliers of Non-Alloy Aluminium Bar to Australia in 2022:
- Malaysia (2527.7 tons)
- New Zealand (1914.7 tons)
- China (241.0 tons)
- Indonesia (240.2 tons)
- India (152.2 tons)
Non-Alloy Aluminium Bar Exports in Australia
Non-alloy aluminium bar exports from Australia skyrocketed to 258 tons in 2022, increasing by 138% on the previous year. Overall, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-alloy aluminium bar exports soared to $2.3M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Alloy Aluminium Bar in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 176 | 233 | 162 | 659 | 55.3% |
| New Zealand | 249 | 200 | 152 | 615 | 35.2% |
| United States | 21.2 | 44.8 | 139 | 564 | 198.5% |
| Papua New Guinea | 201 | 30.0 | 6.0 | 221 | 3.2% |
| India | 49.7 | 25.3 | 15.4 | 89.5 | 21.7% |
| Cote d'Ivoire | 10.4 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 206 | N/A | 0% |
| Others | 63.8 | 102 | 366 | 133 | 27.7% |
| Total | 772 | 635 | 1,047 | 2,282 | 43.5% |
Top Export Markets for Non-Alloy Aluminium Bar from Australia in 2022:
- New Zealand (153.2 tons)
- Papua New Guinea (31.5 tons)
- India (27.4 tons)
- Singapore (27.2 tons)
- United States (11.7 tons)
This report provides an in-depth analysis of the non-alloy aluminium bar market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The price of Aluminium Bar, CIF Australia, remained stable at $4,263 per ton in May 2023, showing no significant change compared to the previous month.
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The price of Aluminium Bar, CIF Australia, remained stable at $4,263 per ton in May 2023, showing no significant change compared to the previous month.
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Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
