Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland - 2023
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland (CIF) - 2023
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland (FOB) - 2023
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland (CIF) - 2023
In November 2023, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $9,755 per ton, increasing by 4% against the previous month. Overall, the import price showed a slight increase. The most prominent rate of growth was recorded in July 2023 an increase of 172% m-o-m. As a result, import price reached the peak level of $24,717 per ton. From August 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($16,169 per ton), while the price for Malaysia ($4,706 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 Spain (+7.3%), 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 Ireland (FOB) - 2023
The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $4,679 per ton in November 2023, declining by -20.6% against the previous month. Overall, the export price recorded a pronounced contraction. The pace of growth appeared the most rapid in August 2023 an increase of 74% m-o-m. Over the period under review, the average export prices reached the peak figure at $14,645 per ton in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($6,494 per ton), while the average price for exports to the UK totaled $4,221 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-2.4%).
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland
In 2022, imports of aluminium; alloys, bars, rods and profiles, other than hollows into Ireland fell to 4.9K tons, declining by -4.5% on 2021 figures. Over the period under review, imports faced a dramatic decline.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $39M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 18.3 | 5.4 | 10.8 | 15.3 | -5.8% |
| Germany | 2.5 | 3.3 | 5.4 | 6.1 | 34.6% |
| Belgium | 1.1 | 2.5 | 2.5 | 3.8 | 51.2% |
| Spain | 5.8 | 2.0 | 1.7 | 3.3 | -17.1% |
| Poland | 0.4 | 0.7 | 0.6 | 3.0 | 95.7% |
| Turkey | 3.4 | 2.7 | 4.0 | 1.3 | -27.4% |
| Italy | 0.5 | 1.0 | 0.8 | 1.0 | 26.0% |
| China | 1.8 | 0.7 | 0.6 | 0.7 | -27.0% |
| Others | 5.8 | 8.4 | 2.7 | 4.5 | -8.1% |
| Total | 39.6 | 26.7 | 29.0 | 38.9 | -0.6% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Ireland in 2022:
- United Kingdom (2003.9 tons)
- Germany (726.8 tons)
- Belgium (569.4 tons)
- Spain (409.2 tons)
- Poland (278.4 tons)
- Turkey (191.3 tons)
- Italy (182.1 tons)
- China (87.7 tons)
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland
In 2022, the amount of aluminium; alloys, bars, rods and profiles, other than hollows exported from Ireland surged to 1.7K tons, picking up by 19% against 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 40%. Over the period under review, the exports of reached the peak figure 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 skyrocketed to $15M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 10.1 | 6.6 | 7.3 | 11.2 | 3.5% |
| Canada | 0.2 | 0.5 | 0.2 | 1.0 | 71.0% |
| Poland | N/A | N/A | N/A | 0.8 | 0% |
| Netherlands | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| United States | 0.4 | 1.6 | 0.2 | 0.2 | -20.6% |
| Others | 0.6 | 0.4 | 0.6 | 1.7 | 41.5% |
| Total | 11.4 | 9.1 | 8.5 | 15.3 | 10.3% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Ireland in 2022:
- United Kingdom (1457.0 tons)
- Poland (38.1 tons)
- Netherlands (33.5 tons)
- Canada (28.5 tons)
- United States (7.2 tons)
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