Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel (CIF) - 2022
In 2022, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,348 per ton, surging by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($1,421 per ton) and the UK ($1,421 per ton), while the price for Turkey ($999 per ton) and Spain ($1,085 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $1,249 per ton, increasing by 34% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 38%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,340 per ton), while the average price for exports to Croatia ($832 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 Taiwan (Chinese) (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel
In 2022, imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Israel reduced dramatically to 8.6K tons, shrinking by -15.5% compared with the previous year. Overall, imports showed a slight decrease. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of 10K tons, and then declined sharply in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide reached $12M in 2022. The total import value increased at an average annual rate of +10.2% 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 33%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,041 | 1,761 | 3,053 | 2,569 | 8.0% |
| Russia | 1,237 | 734 | 1,209 | 1,615 | 9.3% |
| Germany | 1,254 | 1,132 | 1,171 | 1,191 | -1.7% |
| Brazil | 677 | 698 | 740 | 1,079 | 16.8% |
| Austria | 270 | 264 | 660 | 1,015 | 55.5% |
| Spain | 79.0 | 39.0 | 92.0 | 924 | 127.0% |
| United States | 934 | 1,150 | 1,099 | 782 | -5.7% |
| Italy | 817 | 537 | 842 | 736 | -3.4% |
| Hungary | 430 | 190 | 467 | 378 | -4.2% |
| France | 295 | 230 | 388 | 229 | -8.1% |
| Turkey | 132 | 152 | 140 | 154 | 5.3% |
| Others | 504 | 1,170 | 860 | 938 | 23.0% |
| Total | 8,670 | 8,057 | 10,721 | 11,610 | 10.2% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Israel in 2022:
- China (1906.9 tons)
- Russia (1138.7 tons)
- Germany (911.9 tons)
- Spain (851.2 tons)
- Brazil (760.1 tons)
- Austria (714.6 tons)
- United States (550.8 tons)
- Italy (518.8 tons)
- Hungary (269.7 tons)
- France (161.4 tons)
- Turkey (154.1 tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel
Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Israel surged to 2.6K tons in 2022, growing by 297% compared with 2021 figures. Overall, exports, however, recorded a noticeable decrease.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide soared to $3.2M in 2022. Over the period under review, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 81.0 | 118 | 165 | 2,827 | 226.8% |
| South Korea | 50.0 | N/A | 47.0 | 116 | 32.4% |
| Germany | 9.0 | 51.0 | 87.0 | 79.0 | 106.3% |
| United Kingdom | 67.0 | 86.0 | 93.0 | 36.0 | -18.7% |
| Croatia | N/A | 3.0 | 4.0 | 35.0 | 241.6% |
| Taiwan (Chinese) | 53.0 | 92.0 | 132 | 25.0 | -22.2% |
| France | 2,026 | 11.0 | 11.0 | 4.0 | -87.5% |
| Italy | 82.0 | N/A | 35.0 | 1.0 | -77.0% |
| Others | 78.0 | 178 | 30.0 | 91.0 | 5.3% |
| Total | 2,446 | 539 | 604 | 3,214 | 9.5% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Israel in 2022:
- United States (2191.7 tons)
- South Korea (101.4 tons)
- Germany (94.1 tons)
- Croatia (42.1 tons)
- United Kingdom (41.2 tons)
- Taiwan (Chinese) (20.1 tons)
- France (3.5 tons)
- Italy (0.8 tons)
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