According to China customs data, Chinese aluminium extrusion exports amounted to 82,200 tonnes in November 2022, up by 8,100 tonnes or 10.9% month-on-month but down by 6.7% year-on-year. Guangdong province accounted for 51.2% of the total exports, followed by Shandong at 12%, and Hunan at 3.9%. In addition, the exports from Hunan increased considerably, but those from Anhui fell.
Chinese aluminium extrusion exports rebound to 82,200 tonnes in Nov’22 after continuous declines since mid-year
The overall export market stood stable in November, with extrusion exports to Vietnam reaching 7,641 tonnes, taking up 9.3% of the total exports. To Phillipines, China’s aluminium extrusion exports stood at 5,413 tonnes, taking up 6.6% of the total, and to Israel, 4,427 tonnes, taking up 5.4%.
Aluminium extrusion export rebounded in November 2022 after a continuous fall from mid-year until October. But the growth rate was less than in previous years.
At the end of 2022, the export volume of aluminium extrusion from China is expected to account for 15 % of the country’s total aluminium semis exports, lower than 17 % in 2021. In the future, the proportion and volume of exported aluminium extrusion will continue to decline slightly.
Source: AlCircle