Price for Aluminium; Alloys, Hollow Profiles in the United Arab Emirates - 2021
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in the United Arab Emirates (CIF) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in the United Arab Emirates (FOB) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in the United Arab Emirates
- Exports of Aluminium; Alloys, Hollow Profiles in the United Arab Emirates
Price for Aluminium; Alloys, Hollow Profiles in the United Arab Emirates (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $5,458 per ton, declining by -5% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; alloys, hollow profiles import price increased by +52.6% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 77% against the previous year. Over the period under review, average import prices reached the peak figure at $5,747 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,532 per ton), while the price for Bahrain ($4,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in the United Arab Emirates (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $3,406 per ton, with a decrease of -3.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 36%. As a result, the export price attained the peak level of $3,788 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($3,978 per ton), while the average price for exports to the UK ($1,638 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 Jordan (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in the United Arab Emirates
In 2022, aluminium; alloys, hollow profiles imports into the United Arab Emirates declined modestly to 836 tons, reducing by -4.7% against 2021. In general, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, aluminium; alloys, hollow profiles imports dropped to $4.6M in 2022. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23%.
| Import of Aluminium; Alloys, Hollow Profiles in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.9 | 1.8 | 2.1 | 2.4 | -37.6% |
| India | 0.4 | 0.1 | 0.6 | 0.6 | 14.5% |
| Italy | 1.2 | 0.5 | 0.6 | 0.4 | -30.7% |
| Germany | 0.8 | 0.2 | 0.2 | 0.1 | -50.0% |
| Others | 4.3 | 1.5 | 1.5 | 1.0 | -38.5% |
| Total | 16.6 | 4.1 | 5.0 | 4.6 | -34.8% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to the United Arab Emirates in 2022:
- China (511.9 tons)
- India (117.4 tons)
- Italy (62.9 tons)
- Germany (15.2 tons)
Exports of Aluminium; Alloys, Hollow Profiles in the United Arab Emirates
In 2022, exports of aluminium; alloys, hollow profileses from the United Arab Emirates dropped remarkably to 2.4K tons, with a decrease of -15.7% on 2021. Over the period under review, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 41%.
In value terms, aluminium; alloys, hollow profiles exports declined markedly to $8.1M in 2022. In general, exports recorded a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year.
| Export of Aluminium; Alloys, Hollow Profiles in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,086 | 1,861 | 2,052 | 2,167 | -19.1% |
| United States | 2,007 | 115 | 1,210 | 1,420 | -10.9% |
| India | 500 | 148 | 698 | 920 | 22.5% |
| Spain | 667 | 13.6 | 30.5 | 286 | -24.6% |
| Canada | 65.5 | 56.0 | 159 | 222 | 50.2% |
| Israel | N/A | N/A | 271 | 201 | -25.8% |
| United Kingdom | N/A | N/A | N/A | 86.2 | 0% |
| Jordan | 742 | 81.8 | 88.8 | 55.6 | -57.8% |
| Comoros | 115 | 78.7 | 198 | N/A | 31.2% |
| Yemen | 1,445 | N/A | N/A | N/A | 0% |
| Thailand | 1,662 | 366 | 28.3 | N/A | -87.0% |
| Lebanon | 854 | 608 | 684 | N/A | -10.5% |
| Saudi Arabia | 3,689 | 399 | 526 | N/A | -62.2% |
| Others | 7,042 | 2,538 | 4,082 | 2,790 | -26.6% |
| Total | 22,876 | 6,265 | 10,027 | 8,146 | -29.1% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from the United Arab Emirates in 2022:
- Germany (607.7 tons)
- United States (434.4 tons)
- India (281.6 tons)
- Spain (93.7 tons)
- Canada (82.9 tons)
- United Kingdom (52.6 tons)
- Israel (50.5 tons)
- Jordan (14.0 tons)
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