Australia - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in Australia - 2023
Contents:
- Unwrought Aluminium Alloys Price in Australia (FOB) - 2023
- Unwrought Aluminium Alloys Price in Australia (CIF) - 2023
- Unwrought Aluminium Alloys Exports in Australia
- Unwrought Aluminium Alloys Imports in Australia
Unwrought Aluminium Alloys Price in Australia (FOB) - 2023
In July 2023, the average unwrought aluminium alloys export price amounted to $2,356 per ton, almost unchanged from the previous month. In general, the export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in January 2023 an increase of 7.7% against the previous month. As a result, the export price attained the peak level of $2,929 per ton. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In July 2023, the countries with the highest prices were Indonesia ($2,471 per ton) and Canada ($2,444 per ton), while the average price for exports to Malaysia ($1,740 per ton) and the United States ($2,016 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (-0.8%), while the prices for the other major destinations experienced a decline.
Unwrought Aluminium Alloys Price in Australia (CIF) - 2023
In July 2023, the average unwrought aluminium alloys import price amounted to $2,591 per ton, reducing by -4.3% against the previous month. In general, the import price recorded a slight shrinkage. The growth pace was the most rapid in June 2023 an increase of 5.1% month-to-month. The import price peaked at $3,039 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were Bahrain ($2,744 per ton) and Qatar ($2,673 per ton), while the price for Japan ($2,322 per ton) and Malaysia ($2,339 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.6%), while the prices for the other major suppliers experienced a decline.
Unwrought Aluminium Alloys Exports in Australia
In 2022, the amount of unwrought aluminium alloys exported from Australia fell to 223K tons, which is down by -11% against the year before. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
In value terms, unwrought aluminium alloys exports rose to $704M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +77.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Unwrought Aluminium Alloys in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 99.3 | 93.7 | 160 | 166 | 18.7% |
| Japan | 125 | 91.1 | 129 | 134 | 2.3% |
| Thailand | 104 | 53.6 | 99.7 | 103 | -0.3% |
| Indonesia | 30.2 | 36.7 | 64.3 | 66.6 | 30.2% |
| United States | 52.5 | 20.0 | 62.7 | 64.9 | 7.3% |
| Taiwan (Chinese) | 38.8 | 21.8 | 49.4 | 51.1 | 9.6% |
| Canada | 4.8 | 10.9 | 26.7 | 27.6 | 79.2% |
| Vietnam | 13.5 | 10.1 | 20.4 | 21.1 | 16.1% |
| Others | 62.5 | 60.0 | 62.4 | 70.3 | 4.0% |
| Total | 531 | 398 | 675 | 704 | 9.9% |
Top Export Markets for Unwrought Aluminium Alloys from Australia in 2022:
- South Korea (51.5K tons)
- Japan (43.0K tons)
- Thailand (33.7K tons)
- Indonesia (20.6K tons)
- United States (18.4K tons)
- Taiwan (Chinese) (15.8K tons)
- Canada (7.5K tons)
- Vietnam (6.4K tons)
Unwrought Aluminium Alloys Imports in Australia
In 2022, after three years of growth, there was decline in overseas purchases of unwrought aluminium alloys, when their volume decreased by -3.1% to 72K tons. The total import volume increased at an average annual rate of +10.0% 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 37%. As a result, imports reached the peak of 75K tons, and then reduced modestly in the following year.
In value terms, unwrought aluminium alloys imports skyrocketed to $239M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Unwrought Aluminium Alloys in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 46.4 | 46.3 | 88.6 | 110 | 33.3% |
| Bahrain | 22.6 | 23.7 | 34.2 | 42.5 | 23.4% |
| India | 12.3 | 14.8 | 30.4 | 37.7 | 45.3% |
| Malaysia | 6.1 | 6.8 | 9.3 | 11.6 | 23.9% |
| China | 12.3 | 6.3 | 8.3 | 11.0 | -3.7% |
| New Zealand | 0.3 | 0.2 | 7.8 | 9.7 | 218.6% |
| South Korea | N/A | 0.7 | 5.2 | 6.4 | 202.4% |
| Japan | 3.1 | 2.3 | 4.9 | 6.0 | 24.6% |
| Others | 4.0 | 2.4 | 6.8 | 3.6 | -3.5% |
| Total | 107 | 103 | 195 | 239 | 30.7% |
Top Suppliers of Unwrought Aluminium Alloys to Australia in 2022:
- Qatar (32.6K tons)
- Bahrain (12.9K tons)
- India (11.5K tons)
- China (4.5K tons)
- Malaysia (3.7K tons)
- New Zealand (2.4K tons)
- South Korea (2.2K tons)
- Japan (1.7K tons)
This report provides an in-depth analysis of the unwrought aluminium alloys market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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