Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

24 JANUARY 2024 AL CIRCLE

China’s aluminium wire and cable export volume records an 8% growth through 2023, but export value manifests otherwise

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

China’s aluminium wire and cable exports in December 2023 amounted to 17,000 tonnes, reflecting a year-on-year increase of 25 per cent and a month-on-month downfall of 9 per cent, showed China customs data. The value of the export was $50.14 million, down 8 per cent M-o-M and up 16 per cent Y-o-Y.

China’s aluminium wire and cable export volume records a growth of 8% through 2023, but export value manifests otherwise

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The total volume of exports through 2023 was 191,700 tonnes at a value of $0.573 billion. The export volume registered an annual hike of 7.94 per cent from 177,600 tonnes, but the value stood at 0.072 per cent down.

Jiangsu, Henan, and Hebei remained the top three Chinese provinces exporting aluminium wire and cables. In 2023, the provinces exported 131,500 tonnes, accounting for 68.61 per cent of the total exports. Jiangsu exported 71,300 tonnes, accounting for 37 per cent; Henan exported 40,000 tonnes, accounting for 21 per cent; and Hebei Province exported 195,000 tonnes, accounting for 10 per cent of all.

Aluminium wire and cable exports from Jiangsu stood 17 per cent up year-on-year, while those from Henan and Hebei recorded a 65 per cent hike and 37 per cent fall, respectively.

As for export destinations, Southeast Asia was the largest through 2023, including the Philippines, Vietnam, Myanmar and Bangladesh, with an import volume of 32,741 tonnes, accounting for 17.1 per cent, followed by the African region, namely Ghana and Nigeria, importing 18,582 tonnes, accounting for 9.7 per cent.

The decline in 2023 export value could be attributed to the downward trend of aluminium prices. The average price of China’s domestic A00 aluminium was RMB 18,699 per tonne, down by 6.2 per cent Y-o-Y. In addition, the decline in processing fees due to intensified domestic competition also impacted China’s aluminium wire and cable export value.

The demand for aluminium wire and cables is expected to increase in 2024, driven by the development of new energy industries in Europe and the United States and the development of mineral resources and low-end manufacturing in emerging markets. Hence, the export order is likely to rise in the following months.

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