Price for Aluminium; Alloys, Hollow Profiles in Thailand - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Thailand (CIF) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Thailand (FOB) - 2023
- Imports of Aluminium; Alloys, Hollow Profiles in Thailand
- Exports of Aluminium; Alloys, Hollow Profiles in Thailand
Price for Aluminium; Alloys, Hollow Profiles in Thailand (CIF) - 2023
In July 2023, the average aluminium; alloys, hollow profiles import price amounted to $3,714 per ton, dropping by -2.9% against the previous month. Overall, the import price recorded a slight curtailment. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 7.4% against the previous month. The import price peaked at $4,655 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Japan ($4,993 per ton) and South Korea ($4,966 per ton), while the price for China ($3,447 per ton) and Indonesia ($4,902 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium; Alloys, Hollow Profiles in Thailand (FOB) - 2023
In July 2023, the average aluminium; alloys, hollow profiles export price amounted to $3,803 per ton, flattening at the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 5.9% m-o-m. As a result, the export price attained the peak level of $4,431 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($5,304 per ton), while the average price for exports to Canada ($2,892 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Alloys, Hollow Profiles in Thailand
In 2022, approx. 17K tons of aluminium; alloys, hollow profileses were imported into Thailand; picking up by 2.1% against the year before. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. As a result, imports reached the peak of 18K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, aluminium; alloys, hollow profiles imports dropped to $59M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 31%.
| Import of Aluminium; Alloys, Hollow Profiles in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.6 | 35.8 | 46.5 | 43.7 | 18.0% |
| South Korea | 7.0 | 8.8 | 7.9 | 6.9 | -0.5% |
| Indonesia | 4.1 | 3.3 | 3.9 | 3.6 | -4.2% |
| Singapore | N/A | 0.9 | 1.6 | 1.9 | 45.3% |
| Bahrain | 0.9 | 0.6 | 0.5 | 0.8 | -3.9% |
| Others | 2.6 | 4.6 | 4.0 | 2.3 | -4.0% |
| Total | 41.2 | 54.0 | 64.3 | 59.2 | 12.8% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Thailand in 2022:
- China (13.5K tons)
- South Korea (1.7K tons)
- Indonesia (0.9K tons)
- Singapore (0.4K tons)
- Bahrain (0.3K tons)
Exports of Aluminium; Alloys, Hollow Profiles in Thailand
Aluminium; alloys, hollow profiles exports from Thailand reached 3.5K tons in 2022, standing approx. at 2021. The total export volume increased at an average annual rate of +12.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports attained the peak of 3.5K tons; afterwards, it flattened through to 2022.
In value terms, aluminium; alloys, hollow profiles exports declined to $13M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $15M, and then fell in the following year.
| Export of Aluminium; Alloys, Hollow Profiles in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 0.1 | 3.0 | 2900.0% |
| Japan | 2.1 | 1.4 | 3.8 | 2.4 | 4.6% |
| Australia | 0.5 | 2.3 | 0.6 | 1.7 | 50.4% |
| India | 4.4 | 3.5 | 4.5 | 1.7 | -27.2% |
| United States | 0.1 | N/A | 0.2 | 1.2 | 128.9% |
| Canada | 1.5 | 1.1 | 1.3 | 0.9 | -15.7% |
| Vietnam | 0.3 | 2.1 | 2.2 | 0.9 | 44.2% |
| Others | 1.2 | 1.4 | 2.0 | 1.5 | 7.7% |
| Total | 10.1 | 11.7 | 14.8 | 13.2 | 9.3% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Thailand in 2022:
- Italy (947.7 tons)
- Japan (596.2 tons)
- Australia (461.7 tons)
- India (384.2 tons)
- Canada (299.4 tons)
- United States (234.6 tons)
- Vietnam (219.6 tons)
618
This report provides an in-depth analysis of the aluminium bar market in Thailand.
394
This report provides an in-depth analysis of the non-alloy aluminium bar market in Thailand.
1426
This report provides an in-depth analysis of the global aluminium bar market.
739
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
286
This report provides an in-depth analysis of the aluminium alloy bar market in Thailand.
618
This report provides an in-depth analysis of the aluminium bar market in Thailand.
394
This report provides an in-depth analysis of the non-alloy aluminium bar market in Thailand.
387
Global Aluminium Alloy Bar Market Report 2018. This report provides an in-depth analysis of the global aluminium alloy bar market.
1426
This report provides an in-depth analysis of the global aluminium bar market.
739
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
419
In April 2023, the aluminium bar price amounted to $3,238 per ton (CIF, Thailand), falling by -2.9% against the previous month.
105
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.
258
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
805
In value terms, aluminium wire imports totaled $X in 2016. Overall, aluminium wire imports continue to indicate a slight descent. Global aluminium wire import peaked of $X in 2011; however, from X>
1233
In value terms, aluminium wire exports amounted to $X in 2016. In general, aluminium wire exports continue to indicate a relatively flat trend pattern. Over the period under review, global aluminiu...
1393
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
759
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
1903
China dominates in the global aluminium bar, rod and profile trade. In 2014, China exported X thousand tons of aluminium bars, rods and profiles totaling X million USD, X% over the previous year. Its primary trading partner was Malaysia, where
419
In April 2023, the aluminium bar price amounted to $3,238 per ton (CIF, Thailand), falling by -2.9% against the previous month.
105
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.
