Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand - 2024

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand (CIF) - 2024
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand (CIF) - 2024

In December 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,192 per ton, reducing by -3.6% against the previous month. Over the period under review, the import price recorded a pronounced decline. The pace of growth was the most pronounced in September 2023 an increase of 5% m-o-m. The import price peaked at $3,936 per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from South Korea ($3,398 per ton) and Thailand ($3,281 per ton), while the price for China ($2,652 per ton) and Indonesia ($3,268 per ton) were amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Indonesia (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand (FOB) - 2022

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $5,629 per ton in 2022, with an increase of 4.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 70%. As a result, the export price reached the peak level of $8,875 per ton. From 2016 to 2022, the average 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 the United States ($13,600 per ton), while the average price for exports to French Polynesia ($4,735 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 Papua New Guinea (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand

In 2022, supplies from abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -6.7% to 32K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +44.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, imports attained the peak of 35K tons, and then declined in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $137M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 82% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.825.356.958.048.3%
Thailand10.321.331.835.551.1%
South Korea16.83.77.926.716.7%
Greece0.80.85.24.172.4%
Italy3.65.14.01.4-27.0%
Japan7.70.30.40.5-59.8%
Others5.18.211.610.627.6%
Total62.064.811813730.2%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to New Zealand in 2022:

  1. China (14.3K tons)
  2. Thailand (9.1K tons)
  3. South Korea (6.2K tons)
  4. Greece (0.7K tons)
  5. Italy (0.2K tons)
  6. Japan (0.1K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand

In 2022, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -14.5% to 128 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s shrank to $720K in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, the exports reached the peak of $811K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
French Polynesia16136011522712.1%
CanadaN/AN/AN/A1940%
Samoa6.911.85.593.3138.2%
New Caledonia17.714114.773.360.6%
Fiji50.759.012660.05.8%
Cook Islands14.947.839.331.728.6%
Australia12026.636928.0-38.4%
China46.141.6N/AN/A-9.8%
Others84.212313712.5-47.0%
Total50181180772012.8%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from New Zealand in 2022:

  1. French Polynesia (48.0 tons)
  2. Canada (40.8 tons)
  3. Samoa (10.3 tons)
  4. Fiji (9.8 tons)
  5. New Caledonia (7.6 tons)
  6. Cook Islands (5.8 tons)
  7. Australia (3.8 tons)

Source: IndexBox Market Intelligence Platform

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