Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,066 per ton in 2022, picking up by 29% against the previous year. Overall, the import price, however, showed a perceptible curtailment. Over the period under review, average import prices attained the peak figure at $1,668 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 India ($1,619 per ton), while the price for Italy ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,026 per ton in 2021, therefore, remained relatively stable against the previous year. Overall, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 2.5% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +22.5% per year.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan
Imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Pakistan rose slightly to 10K tons in 2022, growing by 3.7% compared with 2021. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $11M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,546 | 1,138 | 1,916 | 3,039 | 25.3% |
| India | 2,485 | 1,237 | 1,577 | 2,645 | 2.1% |
| Brazil | 140 | 1,936 | 1,449 | 1,009 | 93.2% |
| Germany | 390 | 518 | 839 | 814 | 27.8% |
| Romania | 657 | 185 | 523 | 762 | 5.1% |
| South Korea | 535 | 469 | 332 | 670 | 7.8% |
| United States | 406 | 296 | 502 | 669 | 18.1% |
| Italy | 72.9 | 33.5 | 88.6 | 398 | 76.1% |
| France | 180 | 140 | 235 | 101 | -17.5% |
| Others | 587 | 620 | 684 | 775 | 9.7% |
| Total | 7,000 | 6,573 | 8,146 | 10,883 | 15.8% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Pakistan in 2022:
- China (2.4K tons)
- India (1.6K tons)
- South Korea (1.6K tons)
- Germany (1.2K tons)
- Italy (1.0K tons)
- United States (0.8K tons)
- Brazil (0.7K tons)
- Romania (0.2K tons)
- France (0.2K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan
Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Pakistan amounted to 19 tons in 2021, standing approx. at the year before. Overall, exports continue to indicate a dramatic setback. The smallest decline of 99.9% was in 2020.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide stood at $20K in 2021. In general, exports recorded a dramatic downturn. The smallest decline of 99.9% was in 2020.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | N/A | N/A | 19.5 | 0% | |
| China | 29.9 | N/A | N/A | 0% | |
| Others | 1.5 | N/A | 0.4 | -48.4% | |
| Total | 31.4 | N/A | 19.9 | -20.4% | |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Pakistan in 2022:
- United Arab Emirates (19.1 tons)
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