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.

28 JANUARY 2021 AL CIRCLE

Nigeria’s import of Aluminium Bar Rods and Profiles during 2019-20 exhibits robust growth; 2021 predicted with 23% de-growth

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Nigeria has entered into a recession after its GDP plunged for the second consecutive quarter. Africa’s biggest economy is in recession for the first time since 2016. The recession four years ago was its first in a generation, and the country emerged from it the following year. However, growth has been fragile and COVID-19 has hit the economy hard, amid low oil prices. The continent’s top oil producer and exporter rely on crude sales for 90% of foreign exchange earnings.

Nigeria’s import of Aluminium Bar Rods and Profiles

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The African nation on the Gulf of Guinea has recorded with 44,574 tonnes of aluminium bar rods and profiles import during 2019-20 and the expenditure occurred for the import stood at $99.75 million. The import for 2021 is analysed to be at 28,744 tonnes and the expenditure to stand at $60.78 million.

Nigeria’s import of Aluminium Bar Rods and Profiles

Nigeria’s import of aluminium bar rods and profiles in 2019 remained at 7230 tonnes only and the expenditure stood at $10.54 million, whereas, in 2020 the import surged to 37,344 tonnes, a growth by 416.51% and the expenditure grew to $80.21 million.

The import for 2021 has been evaluated with a downturn by 23.02%, as the import volume is expected to dip and remain at 28,744 tonnes and the expenditure to also drop at $60.78 million.