Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India (FOB) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India (CIF) - 2022
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India (FOB) - 2023
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $2,647 per ton in October 2023, almost unchanged from the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 3.3% m-o-m. As a result, the export price reached the peak level of $2,965 per ton. From February 2023 to October 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In October 2023, the countries with the highest prices were Thailand ($2,858 per ton) and South Africa ($2,834 per ton), while the average price for exports to Tanzania ($2,575 per ton) and Colombia ($2,626 per ton) were amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (-0.3%), while the prices for the other major destinations experienced a decline.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,395 per ton, with an increase of 67% against the previous year. In general, import price indicated a buoyant expansion 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, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +163.3% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 ($6,616 per ton), while the price for Hong Kong SAR ($4,050 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms exported from India skyrocketed to 4.9K tons, growing by 54% on the previous year's figure. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.1% against 2020 indices.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $15M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. 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.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 4.7 | 8.3 | 6.3 | 10.2 | 29.5% |
| Nepal | N/A | N/A | N/A | 1.4 | 0% |
| Thailand | N/A | N/A | N/A | 1.3 | 0% |
| Colombia | 1.9 | 1.7 | 0.8 | 0.8 | -25.0% |
| Sri Lanka | 1.1 | 0.6 | 1.1 | 0.6 | -18.3% |
| Morocco | 0.6 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 0.4 | 0.1 | 0.8 | -3.9% |
| Total | 9.2 | 10.9 | 8.4 | 15.0 | 17.7% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from India in 2022:
- Ecuador (3321.0 tons)
- Nepal (476.0 tons)
- Thailand (393.6 tons)
- Colombia (243.4 tons)
- Sri Lanka (173.4 tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -33.5% to 2K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 89%. As a result, imports reached the peak of 3.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms expanded significantly to $11M in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 56% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 0.3 | 4.3 | 1333.3% |
| Netherlands | 0.1 | 0.3 | 2.7 | 2.8 | 203.7% |
| United Kingdom | N/A | 0.1 | 0.8 | 1.6 | 300.0% |
| China | 0.3 | 0.1 | 0.2 | 0.7 | 32.6% |
| Germany | 0.2 | 0.3 | 0.5 | 0.5 | 35.7% |
| Hong Kong SAR | N/A | N/A | 0.6 | 0.5 | -16.7% |
| Japan | N/A | N/A | N/A | 0.2 | 0% |
| Malaysia | 2.9 | 5.6 | 3.8 | N/A | 14.5% |
| Others | 0.8 | 0.3 | 0.9 | 0.4 | -20.6% |
| Total | 4.2 | 6.6 | 9.7 | 10.8 | 37.0% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to India in 2022:
- Belgium (863.8 tons)
- Netherlands (464.0 tons)
- United Kingdom (266.8 tons)
- Hong Kong SAR (120.8 tons)
- China (114.6 tons)
- Germany (71.8 tons)
- Japan (43.3 tons)
349
This report provides an in-depth analysis of the aluminium alloy wire market in India.
636
This report provides an in-depth analysis of the global aluminium alloy wire market.
241
This report provides an in-depth analysis of the non-alloy aluminium wire market in India.
349
This report provides an in-depth analysis of the aluminium alloy wire market in India.
400
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
636
This report provides an in-depth analysis of the global aluminium alloy wire market.
200
During the period from January 2023 to July 2023, the exports of Aluminium Alloy Wire experienced a slower growth rate. However, in July 2023, the value of aluminium alloy wire exports significantly increased, reaching $2M.
200
During the period from January 2023 to July 2023, the exports of Aluminium Alloy Wire experienced a slower growth rate. However, in July 2023, the value of aluminium alloy wire exports significantly increased, reaching $2M.
