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.

20 JUNE 2022 AL CIRCLE

Iranian aluminium semi-finished goods import during 2019-21 illustrates sharp decline followed by a marginal increase; 9% further plunge is predicted for 2022

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

In the Aluminum Association's definition, sheet aluminium is defined as being 0.008 inches thick to less than 0.25 inches thick. The thinnest aluminium is foil, 0.250 inches thick and the thicker aluminium is plate. Strips are sheets that are machined into units with smaller widths for specific uses.

Iranian aluminium semi-finished goods import during 2019-21 illustrates sharp decline followed by a marginal increase

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According to an overview by World Bank, slowly but surely, Iran's economy is emerging from a decade of stagnation due to two rounds of economic sanctions, oil price cyclicality, and the COVID-19 pandemic. In 2020/21, real GDP almost reached the level of 2010/11, and real GDP per capita fell to its 2004/05 level. The resurgence of the global and domestic activity in 9M-21/22 led to 5% year-on-year growth in the oil and service sectors (respectively 11.7% and 6.5% growth).

The Western Asian nation, Iran imported 20,115 tonnes of aluminium semi-finished goods (plates, sheets and strips) from 2019 to 2021, causing a revenue outflow of $54.94 million for the import.

Iran's import of aluminium sheet

In 2019, Iran registered importation of 8744 tonnes of aluminium semi-finished goods, incurring revenue expenditure of around $17.84 million, whereas, in 2020, the import signified a sharp decline by 37.29%, as the import volume dropped to 5483 tonnes and expenditure also dropped to 5483 tonnes, a major reason was the Covid pandemic when everything came to halt.

Iran imported aluminium semi-finished goods of 5888 tonnes in 2021, illustrating a marginal upswing of 7.38% and the expenditure accounted for $20.75 million, as the year witnessed some drop in cases in the Covid in the latter part of the year and the businesses initiated to get regularized.

The import for 2022 is analysed again with a drop in demand by 5.97%, as the import volume is anticipated to sink at 5324 tonnes, while expenditure to stand at $20.45 million.