Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan - 2023

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan (FOB) - 2023
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan (CIF) - 2023
  3. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan
  4. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan (FOB) - 2023

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,614 per ton in November 2023, shrinking by -4.3% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 14% month-to-month. Over the period under review, the average export prices hit record highs at $4,100 per ton in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Thailand ($5,106 per ton), while the average price for exports to Spain ($2,861 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan (CIF) - 2023

The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $4,143 per ton in November 2023, declining by -8.9% against the previous month. Over the period under review, the import price saw a mild setback. The most prominent rate of growth was recorded in October 2023 an increase of 9.5% month-to-month. Over the period under review, average import prices attained the maximum at $4,736 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($11,331 per ton), while the price for South Korea ($3,144 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (-0.4%), while the prices for the other major suppliers experienced a decline.

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

Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Japan reduced to 164K tons in 2022, shrinking by -8.4% on 2021 figures. Overall, exports saw a mild decrease. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 179K tons, and then shrank in the following year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s declined modestly to $665M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $693M, and then shrank modestly in the following year.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2262392842402.0%
United States11050.11491387.9%
Malaysia57.952.366.266.94.9%
South Korea34.834.639.350.813.4%
SpainN/AN/A4.438.5775.0%
Taiwan (Chinese)29.226.330.632.63.7%
Thailand40.642.735.029.0-10.6%
Australia23.93.35.23.6-46.8%
Others86.059.279.466.1-8.4%
Total6095086936653.0%

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

  1. China (69.4K tons)
  2. United States (35.5K tons)
  3. Malaysia (12.8K tons)
  4. South Korea (11.5K tons)
  5. Spain (10.3K tons)
  6. Taiwan (Chinese) (6.4K tons)
  7. Thailand (6.4K tons)
  8. Australia (0.8K tons)

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

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Japan expanded rapidly to 100K tons, growing by 13% against 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations 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; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $466M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11485.912615210.1%
South Korea63.056.978.611020.4%
Thailand45.953.661.570.815.5%
United States13984.328.559.4-24.7%
Taiwan (Chinese)20.120.222.928.412.2%
Austria7.05.46.97.31.4%
Greece5.97.57.06.11.1%
Others34.626.720.632.7-1.9%
Total4293403514662.8%

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

  1. China (37.0K tons)
  2. South Korea (29.6K tons)
  3. Thailand (14.9K tons)
  4. Taiwan (Chinese) (7.3K tons)
  5. United States (4.6K tons)
  6. Austria (1.4K tons)
  7. Greece (1.2K tons)

Source: IndexBox Market Intelligence Platform

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