Price for Aluminium; Alloys, Hollow Profiles in Sri Lanka - 2021
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Sri Lanka (FOB) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Sri Lanka (CIF) - 2022
- Exports of Aluminium; Alloys, Hollow Profiles in Sri Lanka
- Imports of Aluminium; Alloys, Hollow Profiles in Sri Lanka
Price for Aluminium; Alloys, Hollow Profiles in Sri Lanka (FOB) - 2022
In 2022, the average aluminium; alloys, hollow profiles export price amounted to $5,440 per ton, increasing by 33% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; alloys, hollow profiles export price increased by +34.6% against 2020 indices. Over the period under review, the average export prices attained the maximum at $6,303 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($10,872 per ton), while the average price for exports to Australia ($3,003 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 Canada (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Sri Lanka (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $4,045 per ton, surging by 7.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $4,525 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($11,135 per ton), while the price for China ($3,605 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in Sri Lanka
In 2022, approx. 1.3K tons of aluminium; alloys, hollow profileses were exported from Sri Lanka; with an increase of 760% compared with the year before. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports skyrocketed to $6.8M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Hollow Profiles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 25.3 | 137 | 31.2 | 4,400 | 458.2% |
| United States | 27.6 | 262 | 330 | 884 | 217.6% |
| Australia | 10.6 | 58.2 | 166 | 720 | 308.0% |
| Italy | N/A | N/A | N/A | 364 | 0% |
| Canada | N/A | 58.1 | N/A | 163 | 67.5% |
| Maldives | 39.7 | 162 | 47.6 | 131 | 48.9% |
| New Zealand | 0.4 | 46.5 | 2.7 | 70.8 | 461.5% |
| Kenya | 28.6 | 120 | N/A | N/A | 319.6% |
| Others | 35.5 | 92.2 | 18.4 | 110 | 45.8% |
| Total | 168 | 937 | 596 | 6,843 | 244.1% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Sri Lanka in 2022:
- United Kingdom (744.1 tons)
- Australia (239.7 tons)
- United States (130.9 tons)
- Italy (66.7 tons)
- Canada (24.6 tons)
- New Zealand (23.0 tons)
- Maldives (12.1 tons)
Imports of Aluminium; Alloys, Hollow Profiles in Sri Lanka
In 2022, purchases abroad of aluminium; alloys, hollow profileses decreased by -41.9% to 355 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of 679 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, aluminium; alloys, hollow profiles imports reduced notably to $1.4M in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 9.9% against the previous year. As a result, imports attained the peak of $2.3M, and then dropped remarkably in the following year.
| Import of Aluminium; Alloys, Hollow Profiles in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 975 | 1,220 | 1,755 | 1,106 | 4.3% |
| India | 246 | 146 | 142 | 170 | -11.6% |
| United Arab Emirates | 258 | 327 | 83.6 | 25.9 | -53.5% |
| Others | 687 | 400 | 320 | 134 | -42.0% |
| Total | 2,166 | 2,092 | 2,300 | 1,435 | -12.8% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Sri Lanka in 2022:
- China (306.7 tons)
- India (34.1 tons)
- United Arab Emirates (3.7 tons)
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