Australia’s aluminium structures shipments to offshore markets will rise 15% in 2017

<p>According to the latest trade data available, the value of Australia&rsquo;s resources and energy export earnings for the financial year 2016-17 has been revised upwardly by AS$12 billion since December 2016 to AS$215 billion. Export earnings for 2017-18 financial year have also been upwardly revised by AS$17 billion stabilising at AS$215-billion. Though the revision is mostly attributed to the increase in ore prices, commendable rise in export volume of aluminium value-added products such as aluminium structures too have contributed to the surge</p> <p>{newsStudioGallery}</p> <p>Australia&rsquo;s total export of aluminium structures increased from 2114.617 tonnes in 2015 to 2481.56 tonnes (up 17.35 per cent year-on-year) till 2016 end. The double digit rise in volume exported was not accompanied by revenue increase though. Earnings from aluminium structures export was estimated at US$15.7 million for 2016, down 1.2 per cent from US$15.9 million in 2015.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Australia1.jpg" alt="News" width="517" height="253" /></p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/Australia2.jpg" alt="News" width="517" height="276" /></p> <p>In 2017, Australia is estimated to export 2858.9 tonnes of aluminium structures worldwide. The value of export is estimated to reach US$17.4 million. While the volume exported is slated to rise by 15.2 per cent year-on-year, earnings from export will log an increase of 10.8 per cent.</p> <p>{googleAdsense}</p> <p>The year-on-year rise in aluminium structures export- both volume-wise as well as value-wise, is indicative of the fact that the demand for Australian aluminium value-added products is increasing in the international market.</p> <p>In 2016, Australia shipped its major volume of aluminium structures to Vietnam followed by other countries in South East Asia.&nbsp;</p>