Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland - 2023
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland (FOB) - 2023
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland (CIF) - 2023
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland (FOB) - 2023
In October 2023, the average export price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $369 per ton, rising by 2.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 18% month-to-month. As a result, the export price reached the peak level of $390 per ton. From May 2023 to October 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In October 2023, the countries with the highest prices were France ($380 per ton) and Sweden ($372 per ton), while the average price for exports to Russia ($355 per ton) and the UK ($365 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland (CIF) - 2023
In October 2023, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $2,575 per ton, increasing by 38% against the previous month. Over the period under review, the import price recorded a pronounced increase. The growth pace was the most rapid in September 2023 an increase of 422% m-o-m. The import price peaked at $3,576 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($6,331 per ton), while the price for Sweden ($600 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland
For the third consecutive year, Ireland recorded decline in overseas shipments of aluminium oxide (including artificial corundum); aluminium hydroxide, which decreased by 0% to 1.7M tons in 2022. In general, exports saw a perceptible shrinkage. The smallest decline of -4.4% was in 2020.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $637M in 2022. Overall, exports saw a mild descent. The smallest decline of -25.2% was in 2020.
Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 126 | 102 | N/A | 243 | 24.5% |
France | 214 | 171 | N/A | 204 | -1.6% |
Sweden | 82.0 | 50.7 | N/A | 97.6 | 6.0% |
Netherlands | 92.8 | 99.8 | N/A | 32.9 | -29.2% |
United Kingdom | 37.2 | 17.6 | N/A | 27.3 | -9.8% |
Iceland | 77.4 | 33.5 | N/A | 24.7 | -31.7% |
Others | 36.5 | 23.2 | N/A | 7.3 | -41.5% |
Total | 666 | 498 | N/A | 637 | -1.5% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Ireland in 2022:
- Russia (630.8K tons)
- France (544.1K tons)
- Sweden (253.7K tons)
- Netherlands (92.6K tons)
- United Kingdom (72.6K tons)
- Iceland (62.7K tons)
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland
For the third year in a row, Ireland recorded decline in supplies from abroad of aluminium oxide (including artificial corundum); aluminium hydroxide, which decreased by 0% to 8.8K tons in 2022. Over the period under review, imports enjoyed a strong expansion. The smallest decline of -4.2% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $7M in 2022. Overall, imports enjoyed significant growth. The smallest decline of -5% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,877 | 1,713 | N/A | 2,659 | 12.3% |
Spain | 87.8 | 114 | N/A | 1,081 | 130.9% |
China | 71.7 | 70.4 | N/A | 1,015 | 141.9% |
United States | 682 | 929 | N/A | 942 | 11.4% |
United Kingdom | 889 | 735 | N/A | 760 | -5.1% |
Others | 201 | 57.7 | N/A | 502 | 35.7% |
Total | 3,808 | 3,619 | N/A | 6,959 | 22.3% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Ireland in 2022:
- Germany (7.4K tons)
- China (0.5K tons)
- United Kingdom (0.3K tons)
- United States (0.2K tons)
- Spain (0.2K tons)
This report provides an in-depth analysis of the alumina market in Ireland.
This report provides an in-depth analysis of the aluminium hydroxide market in Ireland.
This report provides an in-depth analysis of the artificial corundum market in Ireland.
This report provides an in-depth analysis of the global alumina market.
This report provides an in-depth analysis of the global aluminium hydroxide market.
This report provides an in-depth analysis of the global artificial corundum market.
This report provides an in-depth analysis of the alumina market in Ireland.
This report provides an in-depth analysis of the aluminium hydroxide market in Ireland.
This report provides an in-depth analysis of the artificial corundum market in Ireland.
This report provides an in-depth analysis of the global alumina market.
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