Price for Aluminium; Alloys, Hollow Profiles in New Zealand - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in New Zealand (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in New Zealand (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in New Zealand
- Exports of Aluminium; Alloys, Hollow Profiles in New Zealand
Price for Aluminium; Alloys, Hollow Profiles in New Zealand (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $5,135 per ton, growing by 6.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 14%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($5,860 per ton) and Australia ($5,810 per ton), while the price for China ($4,784 per ton) and Sri Lanka ($5,327 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in New Zealand (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $8,488 per ton in 2022, falling by -35.1% against the previous year. Overall, the export price continues to indicate a slight reduction. The growth pace was the most rapid in 2019 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs at $15,578 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($65,344 per ton), while the average price for exports to Fiji ($3,674 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 Malaysia (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in New Zealand
Aluminium; alloys, hollow profiles imports into New Zealand surged to 1.5K tons in 2022, growing by 21% on the year before. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, aluminium; alloys, hollow profiles imports soared to $7.5M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Aluminium; Alloys, Hollow Profiles in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,130 | 2,444 | 4,381 | 5,366 | 36.1% |
| Australia | 97.8 | 45.4 | 81.2 | 1,034 | 119.5% |
| Indonesia | 91.4 | 86.7 | 204 | 363 | 58.4% |
| Sri Lanka | N/A | 6.7 | 6.6 | 260 | 522.9% |
| Italy | 571 | 872 | 802 | 153 | -35.5% |
| Taiwan (Chinese) | 128 | 41.3 | 166 | 133 | 1.3% |
| Others | 210 | 397 | 234 | 227 | 2.6% |
| Total | 3,229 | 3,894 | 5,874 | 7,535 | 32.6% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to New Zealand in 2022:
- China (1121.5 tons)
- Australia (177.9 tons)
- Indonesia (61.9 tons)
- Sri Lanka (48.7 tons)
- Taiwan (Chinese) (17.5 tons)
- Italy (15.5 tons)
Exports of Aluminium; Alloys, Hollow Profiles in New Zealand
In 2022, exports of aluminium; alloys, hollow profileses from New Zealand surged to 76 tons, rising by 175% against the year before. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports soared to $648K in 2022. In general, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Hollow Profiles in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 4.5 | N/A | 186 | 542.9% |
| French Polynesia | 8.6 | 56.5 | 58.8 | 144 | 155.8% |
| Papua New Guinea | 5.1 | N/A | 8.5 | 101 | 170.6% |
| Fiji | 3.4 | 17.4 | 8.3 | 68.6 | 172.2% |
| Malaysia | N/A | N/A | N/A | 54.7 | 0% |
| Samoa | 18.0 | N/A | N/A | 41.5 | 32.1% |
| Australia | 134 | 193 | 17.2 | 14.3 | -52.6% |
| New Caledonia | 32.8 | 78.1 | 13.8 | 9.9 | -32.9% |
| Netherlands | 136 | 252 | 123 | 8.6 | -60.2% |
| Italy | N/A | 36.9 | 61.8 | 1.0 | -83.5% |
| Solomon Islands | 52.0 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 43.8 | N/A | 0% |
| Others | 12.1 | 2.7 | 28.1 | 18.3 | 14.8% |
| Total | 403 | 641 | 364 | 648 | 17.2% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from New Zealand in 2022:
- Fiji (18.7 tons)
- French Polynesia (18.3 tons)
- Papua New Guinea (17.8 tons)
- United States (9.7 tons)
- Malaysia (4.5 tons)
- Samoa (3.3 tons)
- New Caledonia (1.2 tons)
- Australia (0.8 tons)
- Netherlands (0.1 tons)
- Italy (0.1 tons)
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