Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia - 2023
Contents:
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia (FOB) - 2023
- Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia (CIF) - 2023
- Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia
- Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia (FOB) - 2023
In November 2023, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $6,191 per ton, rising by 4.7% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $6,362 per ton in April 2023; however, from May 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 South Africa ($9,215 per ton), while the average price for exports to the United States ($5,557 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 South Africa (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia (CIF) - 2023
In November 2023, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $4,688 per ton, which is down by -4.6% against the previous month. Over the period under review, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in May 2023 an increase of 8.9% against the previous month. The import price peaked at $5,453 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($5,433 per ton), while the price for Russia totaled $3,073 per ton.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia
In 2022, the amount of aluminium; alloys, bars, rods and profiles, other than hollows exported from Slovakia rose notably to 50K tons, with an increase of 5.4% on 2021. The total export volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. The exports peaked 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 $301M in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 54.4 | 44.3 | 90.9 | 142 | 37.7% |
| Czech Republic | 32.6 | 29.1 | 43.5 | 45.7 | 11.9% |
| Hungary | 16.0 | 14.0 | 18.1 | 20.6 | 8.8% |
| Romania | 12.1 | 10.6 | 13.0 | 16.0 | 9.8% |
| Poland | 9.4 | 9.5 | 14.3 | 15.9 | 19.1% |
| Belgium | 9.9 | 10.4 | 12.3 | 11.3 | 4.5% |
| Austria | 4.0 | 4.6 | 8.1 | 10.8 | 39.2% |
| Others | 25.0 | 21.2 | 26.5 | 38.8 | 15.8% |
| Total | 163 | 144 | 227 | 301 | 22.7% |
Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Slovakia in 2022:
- Germany (24.1K tons)
- Czech Republic (7.5K tons)
- Hungary (3.2K tons)
- Romania (2.8K tons)
- Poland (2.8K tons)
- Austria (2.1K tons)
- Belgium (1.7K tons)
Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia
In 2022, approx. 32K tons of aluminium; alloys, bars, rods and profiles, other than hollows were imported into Slovakia; surging by 5.7% against the previous year's figure. The total import volume increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $184M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.0 | 23.4 | 30.0 | 33.1 | 14.6% |
| Poland | 18.2 | 18.8 | 25.6 | 31.8 | 20.4% |
| Italy | 6.0 | 11.5 | 17.4 | 24.3 | 59.4% |
| Slovenia | 4.7 | 1.1 | 7.6 | 14.1 | 44.2% |
| Czech Republic | 5.8 | 7.5 | 13.1 | 12.6 | 29.5% |
| Austria | 12.6 | 15.5 | 16.3 | 11.8 | -2.2% |
| Turkey | 3.2 | 5.4 | 7.8 | 10.7 | 49.5% |
| Sweden | N/A | 0.2 | 0.6 | 9.1 | 574.5% |
| Netherlands | 1.4 | 0.6 | 0.8 | 7.5 | 75.0% |
| Spain | 5.7 | 4.4 | 8.7 | 6.4 | 3.9% |
| Denmark | 2.9 | 2.8 | 2.5 | 5.6 | 24.5% |
| China | 4.4 | 3.6 | 3.3 | 2.0 | -23.1% |
| Others | 28.3 | 7.5 | 12.4 | 15.0 | -19.1% |
| Total | 115 | 102 | 146 | 184 | 17.0% |
Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Slovakia in 2022:
- Poland (5.8K tons)
- Italy (4.4K tons)
- Germany (3.8K tons)
- Slovenia (3.2K tons)
- Sweden (2.0K tons)
- Turkey (1.9K tons)
- Czech Republic (1.9K tons)
- Netherlands (1.8K tons)
- Austria (1.8K tons)
- Denmark (1.0K tons)
- Spain (0.9K tons)
- China (0.4K tons)
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