Price for Aluminium; Tubes and Pipes in Japan - 2023

Contents:

1. Price for Aluminium; Tubes and Pipes in Japan (FOB) - 2023
2. Price for Aluminium; Tubes and Pipes in Japan (CIF) - 2023
3. Exports of Aluminium; Tubes and Pipes in Japan
4. Imports of Aluminium; Tubes and Pipes in Japan

Price for Aluminium; Tubes and Pipes in Japan (FOB) - 2023

The average aluminium; tubes and pipes export price stood at $11,406 per ton in July 2023, remaining constant against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 17% against the previous month. Over the period under review, the average export prices reached the peak figure at $13,572 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($15,426 per ton), while the average price for exports to Mexico ($7,178 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.2%), while the prices for the other major destinations experienced a decline.

Price for Aluminium; Tubes and Pipes in Japan (CIF) - 2023

The average aluminium; tubes and pipes import price stood at $7,236 per ton in July 2023, waning by -6.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 22% against the previous month. Over the period under review, average import prices hit record highs at $8,579 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Taiwan (Chinese) ($11,007 per ton), while the price for Vietnam ($4,579 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.2%), while the prices for the other major suppliers experienced a decline.

Exports of Aluminium; Tubes and Pipes in Japan

In 2022, approx. 4.2K tons of aluminium; tubes and pipeses were exported from Japan; falling by -21.1% against the previous year's figure. Over the period under review, exports saw a perceptible setback. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of 5.3K tons, and then declined remarkably in the following year.

In value terms, aluminium; tubes and pipes exports reduced notably to $49M in 2022. In general, exports continue to indicate a deep setback. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $71M, and then declined dramatically in the following year.

Top Export Markets for Aluminium; Tubes and Pipes from Japan in 2022:

1. China (1259.9 tons)
2. United States (1149.6 tons)
3. Thailand (609.1 tons)
4. Mexico (454.5 tons)
5. Philippines (204.6 tons)
6. Indonesia (117.2 tons)
7. South Korea (91.5 tons)

Imports of Aluminium; Tubes and Pipes in Japan

In 2022, approx. 3.2K tons of aluminium; tubes and pipeses were imported into Japan; which is down by -11.7% against 2021 figures. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 0.9% against the previous year.

In value terms, aluminium; tubes and pipes imports stood at $25M in 2022. Over the period under review, imports recorded a abrupt setback.

Top Suppliers of Aluminium; Tubes and Pipes to Japan in 2022:

1. China (1685.5 tons)
2. South Korea (894.6 tons)
3. Vietnam (309.0 tons)
4. Taiwan (Chinese) (206.7 tons)

Source: IndexBox Market Intelligence Platform