Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt (CIF) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt (CIF) - 2023
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,380 per ton in September 2023, declining by -6.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 23% month-to-month. Over the period under review, average import prices reached the maximum at $1,487 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Spain ($1,500 per ton) and Germany ($1,500 per ton), while the price for the Netherlands ($1,036 per ton) and France ($1,179 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $323 per ton, picking up by 14% against the previous year. In general, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in 2019 an increase of 151% against the previous year. The export price peaked at $2,687 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to -13.1% per year.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt
In 2022, approx. 64K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Egypt; with a decrease of -53% on the previous year's figure. In general, imports showed a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 596%.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide dropped sharply to $88M in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 517%.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | N/A | N/A | 30.0 | 49.8 | 66.0% |
Australia | 82.7 | N/A | 86.4 | 26.9 | -31.2% |
Spain | 1.1 | 1.5 | 0.7 | 2.6 | 33.2% |
Germany | 2.4 | 2.4 | 2.4 | 2.2 | -2.9% |
China | 3.6 | 1.7 | 0.9 | 1.7 | -22.1% |
France | 3.8 | 2.5 | 1.7 | 1.1 | -33.8% |
Brazil | 12.3 | 1.4 | N/A | 0.1 | -79.9% |
India | 45.4 | 9.7 | 0.2 | 0.1 | -87.0% |
Others | 1.3 | 1.3 | 3.8 | 3.5 | 39.1% |
Total | 153 | 20.4 | 126 | 87.9 | -16.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Egypt in 2022:
- Saudi Arabia (35.1K tons)
- Australia (18.9K tons)
- China (2.6K tons)
- Spain (2.2K tons)
- Germany (1.8K tons)
- France (0.8K tons)
- Brazil (0.1K tons)
- India (0.1K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt
In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium oxide (including artificial corundum); aluminium hydroxide, when their volume decreased by -24.5% to 77 tons. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 481% against the previous year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide reduced to $25K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 64%.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 24.9 | 0% |
Greece | N/A | 8.7 | 12.4 | N/A | 42.5% |
Switzerland | 6.4 | 3.6 | 4.2 | N/A | -19.0% |
Others | 6.3 | 8.6 | 12.4 | N/A | 40.3% |
Total | 12.7 | 20.9 | 29.0 | 24.9 | 25.2% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Egypt in 2022:
- China (77.0 tons)
This report provides an in-depth analysis of the alumina market in Egypt.
This report provides an in-depth analysis of the aluminium hydroxide market in Egypt.
This report provides an in-depth analysis of the artificial corundum market in Egypt.
This report provides an in-depth analysis of the global alumina market.
This report provides an in-depth analysis of the global aluminium hydroxide market.
This report provides an in-depth analysis of the global artificial corundum market.
This report provides an in-depth analysis of the alumina market in Egypt.
This report provides an in-depth analysis of the aluminium hydroxide market in Egypt.
This report provides an in-depth analysis of the artificial corundum market in Egypt.
This report provides an in-depth analysis of the global alumina market.
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