Price for Aluminium; Alloys, Hollow Profiles in Singapore - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Singapore (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Singapore (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Singapore
- Exports of Aluminium; Alloys, Hollow Profiles in Singapore
Price for Aluminium; Alloys, Hollow Profiles in Singapore (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $4,823 per ton in 2022, surging by 3.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17%. The import price peaked at $5,192 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 Germany ($14,430 per ton), while the price for Taiwan (Chinese) ($3,788 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Singapore (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $4,239 per ton in 2022, declining by -20% against the previous year. In general, the export price showed a perceptible curtailment. The pace of growth was the most pronounced in 2020 when the average export price increased by 22% against the previous year. The export price peaked at $6,424 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($9,143 per ton), while the average price for exports to Sri Lanka ($2,236 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 Philippines (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in Singapore
In 2022, approx. 4K tons of aluminium; alloys, hollow profileses were imported into Singapore; with an increase of 25% against the previous year's figure. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, aluminium; alloys, hollow profiles imports skyrocketed to $19M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Aluminium; Alloys, Hollow Profiles in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 4.3 | 7.4 | 13.3 | 36.8% |
| Malaysia | 1.0 | 1.4 | 4.1 | 2.1 | 28.1% |
| Germany | 1.0 | 0.6 | 0.7 | 1.2 | 6.3% |
| Taiwan (Chinese) | 0.1 | 0.1 | 1.4 | 0.5 | 71.0% |
| Netherlands | 1.9 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 0.9 | 1.4 | 2.0 | 18.6% |
| Total | 10.4 | 7.4 | 15.0 | 19.2 | 22.7% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Singapore in 2022:
- China (3073.2 tons)
- Malaysia (466.9 tons)
- Taiwan (Chinese) (137.9 tons)
- Germany (85.7 tons)
- Netherlands (0.8 tons)
Exports of Aluminium; Alloys, Hollow Profiles in Singapore
Aluminium; alloys, hollow profiles exports from Singapore surged to 898 tons in 2022, jumping by 96% against the previous year. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports skyrocketed to $3.8M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.8% against 2020 indices.
| Export of Aluminium; Alloys, Hollow Profiles in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 620 | 987 | 697 | 1,335 | 29.1% |
| United States | 1,020 | 973 | 515 | 1,048 | 0.9% |
| Indonesia | 754 | 924 | 433 | 757 | 0.1% |
| Vietnam | 51.8 | 168 | 260 | 115 | 30.5% |
| Philippines | 70.2 | 70.6 | 138 | 111 | 16.5% |
| China | 22.4 | 705 | 131 | 60.0 | 38.9% |
| Sri Lanka | N/A | 0.8 | 15.9 | 39.9 | 606.2% |
| Others | 135 | 348 | 239 | 342 | 36.3% |
| Total | 2,674 | 4,176 | 2,430 | 3,807 | 12.5% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Singapore in 2022:
- United States (346.4 tons)
- Malaysia (288.8 tons)
- Indonesia (170.9 tons)
- Vietnam (19.2 tons)
- Sri Lanka (17.8 tons)
- Philippines (14.9 tons)
- China (14.5 tons)
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