Price for Aluminium; Powders and Flakes in the United States - 2023

Contents:

  1. Price for Aluminium; Powders and Flakes in the United States (CIF) - 2023
  2. Price for Aluminium; Powders and Flakes in the United States (FOB) - 2023
  3. Imports of Aluminium; Powders and Flakes in the United States
  4. Exports of Aluminium; Powders and Flakes in the United States

Price for Aluminium; Powders and Flakes in the United States (CIF) - 2023

The average aluminium; powders and flakes import price stood at $4,512 per ton in August 2023, falling by -20.7% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 23% m-o-m. The import price peaked at $6,316 per ton in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,344 per ton), while the price for Bahrain ($3,342 per ton) was amongst the lowest.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Australia (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Powders and Flakes in the United States (FOB) - 2023

The average aluminium; powders and flakes export price stood at $1,666 per ton in August 2023, dropping by -8.7% against the previous month. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in May 2023 an increase of 4.9% month-to-month. Over the period under review, the average export prices reached the maximum at $5,497 per ton in September 2022; however, from October 2022 to August 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In August 2023, the country with the highest price was Thailand ($1,386 per ton), while the average price for exports to Malaysia totaled $1,362 per ton.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-11.6%).

Imports of Aluminium; Powders and Flakes in the United States

In 2022, aluminium; powders and flakes imports into the United States skyrocketed to 19K tons, picking up by 23% against the previous year's figure. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes imports surged to $92M in 2022. In general, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Powders and Flakes in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia17.218.427.643.035.7%
Germany14.012.412.518.49.5%
Bahrain2.92.04.18.543.1%
China7.05.29.68.46.3%
United Kingdom5.11.80.92.8-18.1%
Brazil2.71.20.40.9-30.7%
Others8.15.67.59.65.8%
Total57.046.762.691.517.1%

Top Suppliers of Aluminium; Powders and Flakes to the United States in 2022:

  1. Australia (11.4K tons)
  2. Bahrain (2.1K tons)
  3. Germany (2.0K tons)
  4. China (1.7K tons)
  5. United Kingdom (0.5K tons)
  6. Brazil (0.1K tons)

Exports of Aluminium; Powders and Flakes in the United States

In 2022, the amount of aluminium; powders and flakeses exported from the United States skyrocketed to 54K tons, with an increase of 976% on the year before. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes exports soared to $220M in 2022. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Aluminium; Powders and Flakes in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia0.3N/A0.5182746.5%
Singapore4.63.93.74.81.4%
Canada4.13.23.24.53.2%
PeruN/A0.10.73.6500.0%
Germany3.73.13.83.5-1.8%
Japan5.74.53.13.5-15.0%
South Korea2.12.01.82.33.1%
Mexico4.20.91.31.3-32.4%
Others8.05.610.713.619.3%
Total32.723.428.722088.8%

Top Export Markets for Aluminium; Powders and Flakes from the United States in 2022:

  1. Malaysia (47.5K tons)
  2. Peru (1.1K tons)
  3. Canada (0.8K tons)
  4. South Korea (0.8K tons)
  5. Singapore (0.5K tons)
  6. Germany (0.4K tons)
  7. Japan (0.4K tons)
  8. Mexico (0.2K tons)

Source: IndexBox Market Intelligence Platform

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