Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany - 2023

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany (CIF) - 2023
  2. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany (FOB) - 2023
  3. Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany
  4. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany (CIF) - 2023

In November 2023, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,838 per ton, declining by -3% against the previous month. Overall, the import price showed a mild setback. The most prominent rate of growth was recorded in June 2023 an increase of 3% against the previous month. Over the period under review, average import prices reached the maximum at $5,587 per ton in January 2023; however, from February 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($7,012 per ton), while the price for Russia ($3,629 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany (FOB) - 2023

The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $8,492 per ton in November 2023, almost unchanged from the previous month. Over the last eleven months, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 9.7% month-to-month. Over the period under review, the average export prices attained the maximum at $8,954 per ton in June 2023; however, from July 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($14,528 per ton), while the average price for exports to India ($5,663 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany

Imports of aluminium; alloys, bars, rods and profiles, other than hollows into Germany reached 464K tons in 2022, rising by 5.6% against the previous year. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $2.5B in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10310419141759.4%
Italy16715826234126.9%
Austria15214318022614.1%
Netherlands94.510314618725.5%
Spain88.481.712913515.2%
Romania35.633.954.012552.0%
Slovenia10980.31061244.4%
Czech Republic63.259.594.010919.9%
Poland62.155.574.910619.5%
Belgium57.170.593.596.819.2%
Greece50.955.378.795.623.4%
Russia58.151.782.980.411.4%
Hungary48.539.357.767.411.6%
Others30324429842011.5%
Total1,3921,2791,8482,52922.0%

Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Germany in 2022:

  1. Turkey (72.4K tons)
  2. Italy (59.0K tons)
  3. Austria (47.0K tons)
  4. Netherlands (31.2K tons)
  5. Slovenia (26.6K tons)
  6. Spain (24.7K tons)
  7. Romania (23.8K tons)
  8. Czech Republic (22.2K tons)
  9. Poland (18.4K tons)
  10. Greece (18.2K tons)
  11. Russia (17.6K tons)
  12. Belgium (17.1K tons)
  13. Hungary (12.6K tons)

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany

In 2022, approx. 230K tons of aluminium; alloys, bars, rods and profiles, other than hollows were exported from Germany; surging by 8.9% against 2021 figures. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $1.6B in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium42.141.712619566.7%
France13312016418411.4%
Netherlands10397.415114612.3%
Austria10490.21141348.8%
Switzerland85.280.910313015.1%
Czech Republic45.940.179.288.224.3%
Italy45.542.660.777.719.5%
Poland56.749.371.577.711.1%
United Kingdom98.266.750.856.5-16.8%
Hungary36.333.546.755.615.3%
Spain23.423.530.854.432.5%
United States26.833.537.252.024.7%
Denmark21.221.429.927.18.5%
Others22123325731913.0%
Total1,0429731,3221,59715.3%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Germany in 2022:

  1. Belgium (52.2K tons)
  2. France (21.1K tons)
  3. Netherlands (20.3K tons)
  4. Austria (16.7K tons)
  5. Switzerland (15.9K tons)
  6. Czech Republic (13.3K tons)
  7. Italy (11.5K tons)
  8. Poland (10.5K tons)
  9. Hungary (7.7K tons)
  10. Spain (7.5K tons)
  11. United Kingdom (6.7K tons)
  12. United States (5.3K tons)
  13. Denmark (4.0K tons)

Source: IndexBox Market Intelligence Platform

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