Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia (CIF) - 2022
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $4,581 per ton in 2022, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2021 when the average import price increased by 24%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($6,330 per ton) and the Netherlands ($5,584 per ton), while the price for China ($4,402 per ton) and Spain ($4,888 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,558 per ton in 2022, increasing by 16% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +63.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($4,485 per ton), while the average price for exports to Finland ($2,471 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 Colombia (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia
In 2022, approx. 2K tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Russia; with a decrease of -20.5% on 2021 figures. Over the period under review, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 12%. As a result, imports reached the peak of 2.5K tons, and then contracted rapidly in the following year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms shrank to $9.3M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 39% against the previous year. As a result, imports attained the peak of $10M, and then shrank in the following year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 1.2 | 4.6 | 6.7 | 68.5% |
| Spain | 2.4 | 2.4 | 2.0 | 1.8 | -9.1% |
| Netherlands | 3.4 | 3.5 | 2.9 | 0.5 | -47.2% |
| Germany | 0.9 | 0.3 | 0.6 | 0.3 | -30.7% |
| Others | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
| Total | 8.4 | 7.5 | 10.4 | 9.3 | 3.5% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Russia in 2022:
- China (1522.8 tons)
- Spain (368.4 tons)
- Netherlands (89.7 tons)
- Germany (40.4 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia
Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Russia declined significantly to 1.8K tons in 2022, which is down by -64.3% on the previous year's figure. In general, exports recorded a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 9%.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms fell rapidly to $6.3M in 2022. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, the exports attained the peak of $15M, and then fell sharply in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1.2 | 1.5 | 1.3 | 1.7 | 12.3% |
| Kazakhstan | 1.5 | 0.5 | 0.9 | 1.0 | -12.6% |
| Armenia | 0.1 | 0.2 | 0.7 | 0.8 | 100.0% |
| Colombia | N/A | N/A | 0.6 | 0.7 | 16.7% |
| Ecuador | 0.8 | 0.5 | 0.4 | 0.7 | -4.4% |
| Costa Rica | N/A | N/A | N/A | 0.5 | 0% |
| Israel | 1.4 | 1.3 | 3.5 | 0.3 | -40.2% |
| Finland | 0.6 | 0.3 | 1.3 | 0.3 | -20.6% |
| Ukraine | 1.6 | 1.2 | 1.6 | 0.1 | -60.3% |
| Belarus | 7.3 | 4.2 | 4.6 | N/A | -20.6% |
| Others | 0.2 | 0.1 | 0.4 | 0.2 | 0.0% |
| Total | 14.8 | 9.8 | 15.1 | 6.3 | -24.8% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Russia in 2022:
- Uzbekistan (449.0 tons)
- Kazakhstan (313.1 tons)
- Armenia (229.1 tons)
- Ecuador (211.3 tons)
- Colombia (192.8 tons)
- Finland (116.3 tons)
- Costa Rica (103.4 tons)
- Israel (50.8 tons)
- Ukraine (39.7 tons)
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