Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg - 2023

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg (CIF) - 2022
  2. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg (FOB) - 2022
  3. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg
  4. Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg (CIF) - 2022

In 2022, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $649 per ton, which is down by -30.4% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of 42%. As a result, import price attained the peak level of $2,042 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the United States ($1,678 per ton), while the price for Germany ($551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg (FOB) - 2022

The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $2,645 per ton in 2022, declining by -5.9% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 93%. The export price peaked at $4,595 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($9,875 per ton), while the average price for exports to Spain ($1,847 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 Kazakhstan (+329.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg

After two years of decline, overseas purchases of aluminium oxide (including artificial corundum); aluminium hydroxide increased by 35% to 2.6K tons in 2022. Overall, imports, however, continue to indicate a pronounced downturn.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide fell to $1.7M in 2022. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9949958211,3089.6%
France71.225.058.311617.7%
United States1,3282,103738114-55.9%
Others21597.1165136-14.2%
Total2,6093,2211,7821,674-13.7%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Luxembourg in 2022:

  1. Germany (2372.6 tons)
  2. France (96.2 tons)
  3. United States (68.0 tons)

Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg

In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide exported from Luxembourg surged to 343 tons, jumping by 59% compared with 2021. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 129%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $907K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 157%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.20.34703901149.3%
SpainN/A26.60.1146134.3%
Italy5.4N/A0.2132190.2%
Germany0.10.70.768.2780.2%
NetherlandsN/AN/AN/A48.30%
United Kingdom0.10.256.944.9665.7%
Poland1.91.210.131.9156.1%
Russia12920419.2N/A-61.4%
Turkey27.5N/A40.2N/A20.9%
Others2.13.39.845.6179.0%
Total16723660790775.8%

Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Luxembourg in 2022:

  1. Belgium (112.4 tons)
  2. Spain (78.9 tons)
  3. Italy (54.0 tons)
  4. Germany (31.8 tons)
  5. Netherlands (22.7 tons)
  6. United Kingdom (16.2 tons)
  7. Poland (15.0 tons)

Source: IndexBox Market Intelligence Platform

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