Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania (CIF) - 2022
In 2022, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $444 per ton, rising by 40% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 41%. As a result, import price reached the peak level of $496 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($2,796 per ton), while the price for Hungary ($289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.0%), while the prices for the other major suppliers experienced a decline.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $2,308 per ton in 2022, waning by -16.4% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.0% 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 +28.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,347 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,493 per ton), while the average price for exports to Belarus ($1,623 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 Russia (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania
After three years of growth, overseas purchases of aluminium oxide (including artificial corundum); aluminium hydroxide decreased by -76% to 6K tons in 2022. Overall, imports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of 25K tons, and then dropped dramatically in the following year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide contracted sharply to $2.7M in 2022. In general, imports showed a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of $8M, and then declined dramatically in the following year.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 1.4 | 4.8 | 6.8 | 1.6 | 4.6% |
France | 1.2 | 0.5 | 0.4 | 0.3 | -37.0% |
Hungary | N/A | N/A | N/A | 0.2 | 0% |
Spain | N/A | N/A | N/A | N/A | 0% |
Russia | 4.5 | N/A | N/A | N/A | 0% |
Ukraine | N/A | N/A | 0.2 | N/A | 0% |
Others | 0.4 | 0.2 | 0.5 | 0.5 | 7.7% |
Total | 7.5 | 5.6 | 8.0 | 2.7 | -28.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Lithuania in 2022:
- Latvia (4.9K tons)
- Hungary (0.6K tons)
- France (0.3K tons)
- Spain (0.1K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania
In 2022, overseas shipments of aluminium oxide (including artificial corundum); aluminium hydroxide increased by 78% to 372 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a deep downturn.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide surged to $860K in 2022. In general, exports, however, showed a abrupt setback.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 121 | 31.3 | 46.7 | 462 | 56.3% |
Russia | 854 | 345 | 270 | 239 | -34.6% |
Belarus | 80.0 | 140 | 83.8 | 75.8 | -1.8% |
Others | 132 | 27.6 | 177 | 82.8 | -14.4% |
Total | 1,187 | 544 | 577 | 860 | -10.2% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Lithuania in 2022:
- Kazakhstan (219.5 tons)
- Russia (95.7 tons)
- Belarus (46.7 tons)
This report provides an in-depth analysis of the alumina market in Lithuania.
This report provides an in-depth analysis of the aluminium hydroxide market in Lithuania.
This report provides an in-depth analysis of the artificial corundum market in Lithuania.
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 Lithuania.
This report provides an in-depth analysis of the aluminium hydroxide market in Lithuania.
This report provides an in-depth analysis of the artificial corundum market in Lithuania.
This report provides an in-depth analysis of the global alumina market.
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