Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $9,420 per ton, with an increase of 36% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 is 7mm or lesses increased by +49.9% against 2019 indices. As a result, import price attained 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 ($9,229 per ton), while the price for China ($5,869 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $13,907 per ton in 2022, surging by 47% against the previous year. In general, the export price recorded a slight increase. The export price peaked at $16,690 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($15,677 per ton), while the average price for exports to Kenya ($13,181 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 Kenya (+29.4%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -47% to 60 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 17%.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses shrank remarkably to $565K in 2022. In general, imports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2020 when imports increased by 20%.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 412 | 514 | 415 | 484 | 5.5% |
| India | 26.1 | 50.6 | 133 | 52.2 | 26.0% |
| China | 40.4 | 14.4 | 58.9 | 0.9 | -71.9% |
| United States | 99.5 | 119 | 139 | N/A | 18.2% |
| Others | 25.5 | 27.1 | 36.3 | 27.2 | 2.2% |
| Total | 603 | 725 | 783 | 565 | -2.1% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Sri Lanka in 2022:
- Germany (52.5 tons)
- India (6.6 tons)
- China (0.2 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Sri Lanka
In 2022, approx. 1.3 tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were exported from Sri Lanka; picking up by 87% against the previous year's figure. In general, exports recorded tangible growth.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $18K in 2022. Overall, exports showed a significant expansion. 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 Is 7mm or Less in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 0.2 | 0.6 | 0.2 | 8.9 | 254.4% |
| Bangladesh | 0.1 | 0.1 | 0.1 | 7.3 | 317.9% |
| Yemen | N/A | N/A | N/A | 1.5 | 0% |
| India | 0.7 | 0.6 | 0.1 | N/A | -62.2% |
| Iran | 7.6 | 12.0 | 5.8 | N/A | -12.6% |
| Others | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Total | 8.7 | 13.5 | 6.4 | 17.7 | 26.7% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Sri Lanka in 2022:
- Kenya (675.0 kg)
- Bangladesh (500.0 kg)
- Yemen (96.0 kg)
358
This report provides an in-depth analysis of the aluminium alloy wire market in Sri Lanka.
636
This report provides an in-depth analysis of the global aluminium alloy wire market.
358
This report provides an in-depth analysis of the aluminium alloy wire market in Sri Lanka.
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.
Nothing found. Please try again.
