Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran (CIF) - 2022
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,330 per ton, growing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Thailand ($16,255 per ton), while the price for Germany ($2,738 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran (FOB) - 2022

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $2,054 per ton in 2022, shrinking by -3.9% against the previous year. Overall, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 25%. The export price peaked at $3,191 per ton in 2012; however, from 2013 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 Azerbaijan ($3,066 per ton), while the average price for exports to Turkmenistan ($1,592 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 Azerbaijan (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Iran shrank to 3.3K tons, waning by -8% against the year before. Overall, imports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s totaled $14M in 2022. In general, imports recorded a precipitous slump.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan18.06.36.76.8-27.7%
China4.52.93.84.50.0%
United Arab Emirates3.21.30.60.9-34.5%
Greece1.70.60.70.8-22.2%
Turkey0.40.30.50.57.7%
Netherlands0.40.20.20.2-20.6%
Thailand4.50.3N/A0.1-71.9%
Others1.00.40.30.3-33.1%
Total33.712.212.914.1-25.2%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Iran in 2022:

  1. Japan (1521.3 tons)
  2. China (1057.0 tons)
  3. Greece (257.1 tons)
  4. United Arab Emirates (204.4 tons)
  5. Turkey (95.6 tons)
  6. Netherlands (52.6 tons)
  7. Thailand (4.3 tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran

In 2022, approx. 3.4K tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were exported from Iran; with an increase of 18% against 2021. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s expanded sharply to $7M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +53.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 36%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq3,2072,9144,7805,10016.7%
Afghanistan8281,0985969032.9%
Azerbaijan13215519124322.6%
Turkmenistan5.01.9154164220.1%
Pakistan13488.3101119-3.9%
Tanzania12210180.9109-3.7%
Oman152N/AN/AN/A0%
Others25921930937713.3%
Total4,8384,5776,2117,01413.2%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Iran in 2022:

  1. Iraq (2497.7 tons)
  2. Afghanistan (490.4 tons)
  3. Turkmenistan (103.0 tons)
  4. Azerbaijan (79.2 tons)
  5. Tanzania (54.7 tons)
  6. Pakistan (53.1 tons)

Source: IndexBox Market Intelligence Platform

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