Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania (CIF) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania (FOB) - 2023
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania (CIF) - 2023
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $415 per ton in October 2023, falling by -6.5% against the previous month. Over the period under review, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in March 2023 an increase of 56% against the previous month. As a result, import price reached the peak level of $750 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($920 per ton), while the price for Bosnia and Herzegovina stood at $360 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Greece (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania (FOB) - 2023
In October 2023, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $415 per ton, dropping by -2.4% against the previous month. Over the period under review, the export price saw a perceptible reduction. The growth pace was the most rapid in December 2022 when the average export price increased by 86% against the previous month. Over the period under review, the average export prices attained the maximum at $967 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Moldova ($690 per ton), while the average price for exports to Ukraine ($324 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania
In 2022, approx. 40K tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Romania; growing by 433% compared with the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide surged to $21M in 2022. Overall, imports posted significant growth. 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 Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 15.3 | 0% |
| Bosnia and Herzegovina | 0.8 | 0.5 | 0.7 | 1.6 | 26.0% |
| Germany | 1.8 | 1.2 | 1.2 | 1.0 | -17.8% |
| Hungary | 0.8 | 0.9 | 0.9 | 0.9 | 4.0% |
| China | 0.4 | 0.2 | 0.4 | 0.6 | 14.5% |
| Austria | 0.4 | 0.5 | 0.5 | 0.4 | 0.0% |
| Ukraine | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 1.6 | 1.3 | 1.0 | 0.9 | -17.5% |
| Total | 6.2 | 4.7 | 4.9 | 20.9 | 49.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Romania in 2022:
- Greece (31.5K tons)
- Bosnia and Herzegovina (5.2K tons)
- Hungary (1.0K tons)
- Germany (0.7K tons)
- Austria (0.6K tons)
- China (0.4K tons)
- Ukraine (0.2K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania
Exports of aluminium oxide (including artificial corundum); aluminium hydroxide from Romania declined significantly to 27K tons in 2022, dropping by -82.2% compared with 2021 figures. Over the period under review, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 50%. As a result, the exports attained the peak of 154K tons, and then declined rapidly in the following year.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide dropped rapidly to $9.3M in 2022. Overall, exports recorded a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 68%.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 0.9 | 1.1 | 0.9 | 2.1 | 32.6% |
| Colombia | 1.0 | 1.0 | 2.1 | 1.4 | 11.9% |
| Poland | 4.7 | 2.3 | 3.5 | 1.4 | -33.2% |
| Germany | 0.5 | 1.0 | 2.1 | 1.0 | 26.0% |
| Ecuador | 0.4 | 0.2 | 0.6 | 0.8 | 26.0% |
| Hungary | 1.4 | 0.7 | 1.0 | 0.4 | -34.1% |
| Ukraine | 1.5 | 1.0 | 1.6 | 0.3 | -41.5% |
| Peru | 1.8 | 0.8 | 1.6 | 0.3 | -45.0% |
| Italy | 20.5 | 6.2 | 11.0 | 0.2 | -78.6% |
| South Korea | 0.6 | 0.8 | N/A | N/A | 33.3% |
| Montenegro | 3.8 | N/A | N/A | N/A | 0% |
| Turkey | 3.1 | 4.7 | 6.3 | N/A | 42.6% |
| Others | 2.2 | 1.9 | 5.6 | 1.5 | -12.0% |
| Total | 42.3 | 21.6 | 36.2 | 9.3 | -39.6% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Romania in 2022:
- Germany (4.6K tons)
- Moldova (4.4K tons)
- Ecuador (3.9K tons)
- Colombia (3.4K tons)
- Poland (2.8K tons)
- Hungary (2.0K tons)
- Ukraine (1.7K tons)
- Italy (0.8K tons)
- Peru (0.8K tons)
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