India: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in India

In 2021, the Indian market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in India

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from India

In 2021, overseas shipments of aluminium alloy plates, sheets and strip of thickness over X mm were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2021. Overall, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United Arab Emirates (X tons), Spain (X tons) and Italy (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from India, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium alloy plate, sheet and strip of thickness over X mm exported from India were the United Arab Emirates ($X), the United States ($X) and Spain ($X), together accounting for X% of total exports. These countries were followed by Italy, Canada, Germany, Israel, Nepal, Brazil, Taiwan (Chinese), Australia, South Korea and Congo, which together accounted for a further X the main countries of destination, Italy, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, with an increase of X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were the United States ($X per ton) and Germany ($X per ton), while the average price for exports to Nepal ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into India

In 2021, overseas purchases of aluminium alloy plates, sheets and strip of thickness over X mm were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), South Korea (X tons) and Poland (X tons) were the main suppliers of imports of aluminium alloy plates, sheets and strip of thickness over X mm to India, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to India, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Poland (+X% per year).

Import Prices by Country

In 2021, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Germany ($X per ton), while the price for Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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