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.

17 SEPTEMBER 2020 AL CIRCLE

Jamaica’s importation of Aluminium cans during 2017-20 reveals a positive trend

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

According to the IMF, Jamaica's GDP grew 1% in 2019, against 1.9% in 2018. According to the updated IMF forecasts from 14th April 2020, due to the outbreak of the COVID-19, GDP growth is expected to fall to -5.6% in 2020 and pick up to 3.5% in 2021, subject to the post-pandemic global economic recovery. The economy of Jamaica is heavily reliant on services, accounting for 70% of the country's GDP. Jamaica’s primary natural resource is Bauxite.

Jamaica's import of Aluminium cans

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Jamaica is the 3rd largest packaged food market in the Caribbean, excluding Puerto Rico. It is also forecasted that Jamaican retail food market to expand to $857 million by 2021, an increase of nearly 35% or $222 million. The nation’s aluminium cans import during 2017-19 has been recorded at 66,998 tonnes and the revenue expended remained at $16.74 million. The import for 2020 has been marked at 57,225 tonnes and expenditure to stand at $7.75 million. However, when 2020 analysed import volume and expenditure gets assorted to the preceding three years it depicts 172,449 and $24.49 million respectively.

Jamaica's import of Aluminium Cans

In 2017, the country’s aluminium cans import stood at 21,377 tonnes, with expenditures occurred at $3.29 million, whereas in 2018 the demand soared to 45,621 tonnes, a rise by 113.41% and the expenditure tick-up to $6.77 million.

Aluminium cans import of Jamaica in 2019, also revealed growth by 5.71%, as the import volume rose to 48,226 tonnes, while expenditures remained marginally low at $6.68 million.

The projected for 2020 has been analysed with growth by 18.66%, as the import volume to drive up and remain at 57,225 tonnes and expenditures to outreach at $7.75 million.

The major trading nations for Jamaica’s importation of Aluminium cans are USA, Netherlands, Dominican Rep., China, etc.

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020” on October 6-7, 2020. For registration, visit www.alcircleevents.com

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