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.

27 APRIL 2022 AL CIRCLE

Greece's import of aluminium powder and flakes during 2019-22 exhibits a volatile trend with low demand

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

The Bank of Greece, which is the central bank of the country, in its annual report stated a slash in prediction for economic growth to 3.8% in 2022 from 4.8% earlier and elevated its forecast for the inflation rate to 5.2% under the base scenario, in its annual report.

Greece's import of aluminium powder and flakes

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As a nation, in 2020, Greece emerged to have countered a very deep recession and even under optimistic assumptions, a full recovery is going to take beyond 2021. Furthermore, the recession and the cost of the measures to diminish it have already navigated to a further sharp rise in Greece's already excessively high public debt.

The South-eastern European nation Greece imported 265 tonnes of aluminium powder and flakes during 2019-21, disposing of foreign earnings of $734,467 tonnes for the aluminium product.

Greece's import of aluminium powder

In 2019, Greece imported aluminium powder and flakes of 101 tonnes, incurring a revenue outflow of $266,464 tonnes, whereas, in 2020, the import exhibited a downfall of 31.68%, as the import volume slumped to 95 tonnes, counting revenue expenditure of $207,369.

Greece’s import of aluminium powder and flakes in 2021 was recorded at 37.68%, as the import volume rebounds its demand growth to 95 tonnes, accounting expenditure of $260,634 tonnes.

The import for 2022 is evaluated with another drop in demand by 20%, as the import volume is anticipated to downfall to 76 tonnes and expenditure to stand at $211,632.