Price for Aluminium; Alloys, Hollow Profiles in Saudi Arabia - 2021
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Saudi Arabia (FOB) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Saudi Arabia (CIF) - 2022
- Exports of Aluminium; Alloys, Hollow Profiles in Saudi Arabia
- Imports of Aluminium; Alloys, Hollow Profiles in Saudi Arabia
Price for Aluminium; Alloys, Hollow Profiles in Saudi Arabia (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $3,094 per ton in 2022, with a decrease of -10.3% against the previous year. In general, the export price recorded a slight downturn. The most prominent rate of growth was recorded in 2021 an increase of 24%. The export price peaked at $3,683 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($3,501 per ton) and Bahrain ($3,092 per ton), while the average price for exports to Morocco ($2,638 per ton) and Egypt ($2,765 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+6.5%), while the prices for the other major destinations experienced a decline.
Price for Aluminium; Alloys, Hollow Profiles in Saudi Arabia (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $3,341 per ton in 2022, rising by 7.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. The import price peaked at $3,542 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,521 per ton), while the price for China ($2,415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Aluminium; Alloys, Hollow Profiles in Saudi Arabia
In 2022, the amount of aluminium; alloys, hollow profileses exported from Saudi Arabia stood at 3.7K tons, growing by 5.6% compared with 2021 figures. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. As a result, the exports reached the peak of 3.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, aluminium; alloys, hollow profiles exports contracted to $11M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of $12M, and then dropped in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 6.4 | 9.5 | 9.1 | 9.1 | 12.4% |
| Lebanon | 0.3 | 0.8 | 1.4 | 1.4 | 67.1% |
| Egypt | 1.5 | 0.1 | 0.2 | 0.6 | -26.3% |
| Morocco | 0.9 | 0.2 | 0.4 | 0.5 | -17.8% |
| Others | 0.7 | 0.2 | 1.1 | N/A | 25.4% |
| Total | 9.9 | 10.9 | 12.1 | 11.5 | 5.1% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Saudi Arabia in 2022:
- Bahrain (2936.8 tons)
- Lebanon (386.6 tons)
- Egypt (211.3 tons)
- Morocco (180.6 tons)
Imports of Aluminium; Alloys, Hollow Profiles in Saudi Arabia
In 2022, purchases abroad of aluminium; alloys, hollow profileses was finally on the rise to reach 1.8K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a significant contraction.
In value terms, aluminium; alloys, hollow profiles imports skyrocketed to $5.9M in 2022. Overall, imports, however, recorded a sharp downturn.
| Import of Aluminium; Alloys, Hollow Profiles in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 10.7 | 0.7 | 0.3 | 2.4 | -39.2% |
| China | 1.4 | 2.8 | 1.9 | 1.2 | -5.0% |
| United Arab Emirates | 3.7 | 0.7 | 0.7 | 1.0 | -35.3% |
| Italy | 1.1 | 1.0 | 1.0 | 0.6 | -18.3% |
| Others | 1.4 | 1.9 | 0.6 | 0.6 | -24.6% |
| Total | 18.2 | 7.2 | 4.6 | 5.9 | -31.3% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Saudi Arabia in 2022:
- Bahrain (751.9 tons)
- China (505.5 tons)
- United Arab Emirates (349.5 tons)
- Italy (84.5 tons)
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