Fluorides; of Aluminium Price in Serbia - 2023

Contents:

  1. Fluorides; of Aluminium Price in Serbia (FOB) - 2023
  2. Fluorides; of Aluminium Price in Serbia (CIF) - 2022
  3. Fluorides; of Aluminium Exports in Serbia
  4. Fluorides; of Aluminium Imports in Serbia

Fluorides; of Aluminium Price in Serbia (FOB) - 2023

The average fluorides; of aluminium export price stood at $1,295 per ton in October 2023, approximately equating the previous month. Over the period under review, the export price recorded a slight curtailment. The growth pace was the most rapid in May 2023 when the average export price increased by 26% month-to-month. The export price peaked at $1,597 per ton in January 2023; however, from February 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In October 2023, the highest price was recorded for prices to Iceland ($1,595 per ton) and Germany ($1,518 per ton), while the average price for exports to the Netherlands ($1,085 per ton) and India ($1,095 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fluorides; of Aluminium Price in Serbia (CIF) - 2022

The average fluorides; of aluminium import price stood at $1,433 per ton in 2022, rising by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Montenegro ($1,433 per ton), while the price for Germany stood at $1,431 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+6.4%), while the prices for the other major suppliers experienced a decline.

Fluorides; of Aluminium Exports in Serbia

In 2022, the amount of fluorides; of aluminia exported from Serbia soared to 2.1K tons, growing by 102% compared with the year before. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fluorides; of aluminium exports soared to $3.2M in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fluorides; of Aluminium in Serbia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Arab EmiratesN/A9670%
IndiaN/A7700%
Romania36672698.4%
Poland17.43311802.3%
EgyptN/A1970%
GermanyN/A75.80%
IcelandN/A69.10%
Montenegro319N/A0%
Turkey64.4N/A0%
Others40818.7-95.4%
Total1,1753,155168.5%

Top Export Markets for Fluorides; of Aluminium from Serbia in 2022:

  1. United Arab Emirates (616.0 tons)
  2. Romania (530.0 tons)
  3. India (500.0 tons)
  4. Poland (213.5 tons)
  5. Egypt (110.0 tons)
  6. Germany (48.0 tons)
  7. Iceland (44.0 tons)

Fluorides; of Aluminium Imports in Serbia

In 2022, purchases abroad of fluorides; of aluminia decreased by -99.3% to 3.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a precipitous slump. The pace of growth appeared the most rapid in 2020 when imports increased by 479% against the previous year.

In value terms, fluorides; of aluminium imports contracted significantly to $4.6K in 2022. In general, imports saw a precipitous descent. The growth pace was the most rapid in 2020 when imports increased by 496% against the previous year.

Import of Fluorides; of Aluminium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MontenegroN/AN/AN/A4.30%
GermanyN/AN/AN/A0.30%
Jordan30.4181588N/A339.8%
Others0.64.60.5N/A-8.7%
Total31.11855894.6-47.1%

Top Suppliers of Fluorides; of Aluminium to Serbia in 2022:

  1. Montenegro (3.0 tons)
  2. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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