Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

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.

05 FEBRUARY 2019 AL CIRCLE

Iceland likely to continue exporting 1 million tonnes of aluminium (alloyed & non-alloyed) in 2019

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

With three major smelting companies like Alcan, Century Aluminium, and Alcoa, aluminium is one of the major materials produced and exported by Iceland. As of Q3 2017, aluminium had reportedly accounted for 14 per cent of Iceland’s total exports of goods and services.

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Our third-party data shows Iceland’s exports of aluminium (both alloyed & non-alloyed) is recording a year-on-year rise for the past three years. This year, however, the country’s estimated volume of exports is estimated to remain flat at 1 million tonnes. Last year in 2018, Iceland had exported the same amount of aluminium, compared to 978,067 tonnes in 2017. Thus, this shows the country’s exports in 2018 grew 3 per cent from 2017. In 2016, on the other hand, Iceland’s aluminium exports were at 861,053 tonnes. Hence, the year 2017 saw a growth of 14 per cent from 2016.

As far as the revenue from the export is concerned, Iceland is estimated to earn US$1552 million this year, compared to US$1554 million in 2018. In 2017, the country’s export revenue was around US$1352 million in contrast, which means 2018 saw a rise of 15 per cent year-on-year. The year 2017 also witnessed a rise in Iceland’s aluminium export revenue by 40 per cent from US$966 million in 2016.

According to the available data, the Netherlands is estimated to be the key importer of aluminium from Iceland, as the latter is likely to ship 763,324 tonnes to the former in 2019. Next is Germany which is forecast to purchase 131,313 tonnes from Iceland, followed by the United Kingdom 48,264 tonnes.