Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece (FOB) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece (CIF) - 2022
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $353 per ton, with an increase of 14% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 oxide (including artificial corundum); aluminium hydroxide increased by +30.4% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 39% against the previous year. As a result, the export price reached the peak level of $430 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($399 per ton) and the Netherlands ($367 per ton), while the average price for exports to Tunisia ($269 per ton) and Turkey ($279 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,811 per ton in 2022, dropping by -6.3% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 oxide (including artificial corundum); aluminium hydroxide increased by +19.1% against 2017 indices. The growth pace was the most rapid in 2017 when the average import price increased by 34% against the previous year. The import price peaked at $1,932 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,182 per ton), while the price for Bosnia and Herzegovina ($888 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece
In 2022, approx. 544K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were exported from Greece; picking up by 5.8% on 2021 figures. The total export volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $192M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 19.8 | 23.1 | 45.8 | 60.7 | 45.3% |
Italy | 25.5 | 19.8 | 28.9 | 33.6 | 9.6% |
Netherlands | N/A | 4.4 | 2.1 | 26.8 | 146.8% |
Slovenia | 36.2 | 28.2 | 17.1 | 18.1 | -20.6% |
Turkey | 8.0 | 4.5 | 4.7 | 12.3 | 15.4% |
Slovakia | 18.5 | 29.7 | 27.0 | 11.3 | -15.2% |
Tunisia | 6.0 | 3.5 | 8.5 | 9.5 | 16.6% |
Bosnia and Herzegovina | 30.7 | N/A | N/A | N/A | 0% |
Montenegro | 5.7 | 11.5 | 15.2 | N/A | 63.3% |
Others | 13.0 | 9.2 | 9.4 | 19.9 | 15.2% |
Total | 164 | 134 | 159 | 192 | 5.4% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Greece in 2022:
- France (166.2K tons)
- Italy (84.3K tons)
- Netherlands (73.0K tons)
- Slovenia (50.1K tons)
- Turkey (43.9K tons)
- Tunisia (35.3K tons)
- Slovakia (33.3K tons)
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece
In 2022, approx. 3.4K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Greece; with an increase of 13% on 2021. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide expanded notably to $6.1M in 2022. The total import value increased at an average annual rate of +9.8% over the period 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 with an increase of 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 1,458 | 1,003 | 1,910 | 2,028 | 11.6% |
China | 183 | 429 | 787 | 774 | 61.7% |
Germany | 535 | 563 | 715 | 683 | 8.5% |
France | 709 | 624 | 358 | 617 | -4.5% |
South Korea | 661 | 106 | 254 | 563 | -5.2% |
Slovenia | 104 | 230 | 221 | 336 | 47.8% |
Netherlands | 307 | 236 | 453 | 330 | 2.4% |
Bosnia and Herzegovina | N/A | N/A | 255 | 171 | -32.9% |
Italy | 475 | 532 | 638 | 82.2 | -44.3% |
Others | 155 | 640 | 145 | 495 | 47.3% |
Total | 4,587 | 4,363 | 5,736 | 6,078 | 9.8% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Greece in 2022:
- South Korea (622.1 tons)
- France (580.1 tons)
- Austria (537.8 tons)
- China (380.4 tons)
- Slovenia (309.9 tons)
- Netherlands (292.7 tons)
- Bosnia and Herzegovina (192.0 tons)
- Germany (110.4 tons)
- Italy (92.1 tons)
This report provides an in-depth analysis of the alumina market in Greece.
This report provides an in-depth analysis of the aluminium hydroxide market in Greece.
This report provides an in-depth analysis of the artificial corundum market in Greece.
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 Greece.
This report provides an in-depth analysis of the aluminium hydroxide market in Greece.
This report provides an in-depth analysis of the artificial corundum market in Greece.
This report provides an in-depth analysis of the global alumina market.
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