Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia (CIF) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia (CIF) - 2023
In October 2023, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $686 per ton, with a decrease of -30.5% against the previous month. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in February 2023 an increase of 18% month-to-month. The import price peaked at $1,126 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($7,307 per ton), while the price for Bosnia and Herzegovina amounted to $412 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia (FOB) - 2022
In 2022, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $2,803 per ton, increasing by 79% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 107%. The export price peaked at $21,999 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,950 per ton), while the average price for exports to Germany ($997 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 North Macedonia (+57.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia
Imports of aluminium oxide (including artificial corundum); aluminium hydroxide into Slovakia fell dramatically to 139K tons in 2022, with a decrease of -55.9% compared with 2021 figures. In general, imports showed a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 3.5% against the previous year.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide contracted notably to $64M in 2022. Over the period under review, imports showed a sharp descent. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 23.6 | 33.6 | 32.4 | 24.7 | 1.5% |
| Australia | N/A | N/A | 3.9 | 14.0 | 259.0% |
| Ireland | 67.9 | 42.6 | 29.8 | 7.7 | -51.6% |
| Bosnia and Herzegovina | 2.5 | 6.0 | 8.5 | 3.5 | 11.9% |
| Spain | 3.7 | 12.8 | 18.9 | 3.1 | -5.7% |
| Hungary | 2.2 | 1.8 | 1.7 | 2.6 | 5.7% |
| Brazil | N/A | N/A | 1.1 | 2.5 | 127.3% |
| Germany | 7.9 | 1.4 | 2.9 | 2.2 | -34.7% |
| Jamaica | 29.4 | 5.0 | 22.2 | 0.3 | -78.3% |
| Others | 8.0 | 2.7 | 3.8 | 3.4 | -24.8% |
| Total | 145 | 106 | 125 | 64.0 | -23.9% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Slovakia in 2022:
- Greece (55.8K tons)
- Australia (33.0K tons)
- Ireland (18.7K tons)
- Bosnia and Herzegovina (9.3K tons)
- Spain (7.6K tons)
- Brazil (6.0K tons)
- Hungary (2.9K tons)
- Germany (1.6K tons)
- Jamaica (0.9K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia
In 2022, approx. 57 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were exported from Slovakia; picking up by 71% against 2021 figures. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,791% against the previous year. As a result, the exports attained the peak of 119 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $160K in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 577%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 0.5 | 1.2 | 54.5 | 944.0% |
| Poland | 0.5 | N/A | N/A | 26.3 | 274.7% |
| Germany | 0.8 | N/A | 2.3 | 23.3 | 207.7% |
| United Arab Emirates | 1.3 | N/A | N/A | 22.2 | 157.5% |
| Sweden | N/A | N/A | N/A | 15.8 | 0% |
| Denmark | N/A | N/A | N/A | 12.1 | 0% |
| Greece | 0.5 | 0.3 | N/A | 4.6 | 109.5% |
| North Macedonia | N/A | 114 | 36.2 | N/A | -68.2% |
| Others | 14.2 | 1.4 | 12.4 | 0.8 | -61.7% |
| Total | 17.2 | 117 | 52.2 | 160 | 110.3% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Slovakia in 2022:
- Germany (23.4 tons)
- Spain (15.6 tons)
- Sweden (6.0 tons)
- Poland (4.0 tons)
- United Arab Emirates (3.2 tons)
- Denmark (3.1 tons)
- Greece (1.5 tons)
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