Price for Aluminium; Alloys, Hollow Profiles in Denmark - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Denmark (FOB) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Denmark (CIF) - 2022
- Exports of Aluminium; Alloys, Hollow Profiles in Denmark
- Imports of Aluminium; Alloys, Hollow Profiles in Denmark
Price for Aluminium; Alloys, Hollow Profiles in Denmark (FOB) - 2023
The average aluminium; alloys, hollow profiles export price stood at $7,895 per ton in June 2023, waning by -1.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 12% against the previous month. Over the period under review, the average export prices hit record highs at $8,032 per ton in May 2023, and then fell slightly in the following month.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Sweden ($23,587 per ton), while the average price for exports to Lithuania ($4,418 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Denmark (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $6,089 per ton, jumping by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,644 per ton), while the price for Sweden ($5,144 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in Denmark
Aluminium; alloys, hollow profiles exports from Denmark was estimated at 23K tons in 2022, with an increase of 9% compared with 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year.
In value terms, aluminium; alloys, hollow profiles exports skyrocketed to $155M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Hollow Profiles in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.1 | 21.5 | 29.1 | 31.3 | 10.7% |
| Sweden | 2.8 | 3.7 | 9.5 | 25.0 | 107.5% |
| Poland | 20.7 | 14.5 | 19.9 | 21.7 | 1.6% |
| Italy | 15.7 | 10.7 | 15.0 | 13.9 | -4.0% |
| France | 10.8 | 8.4 | 9.1 | 12.2 | 4.1% |
| Czech Republic | 20.0 | 12.3 | 13.1 | 12.1 | -15.4% |
| Spain | 5.6 | 5.7 | 5.9 | 8.7 | 15.8% |
| Netherlands | 2.7 | 3.6 | 3.7 | 4.5 | 18.6% |
| Lithuania | 1.6 | 3.2 | 4.1 | 4.3 | 39.0% |
| Slovakia | 3.0 | 2.9 | 5.0 | 3.5 | 5.3% |
| United Kingdom | 3.4 | 2.3 | 3.2 | 2.9 | -5.2% |
| Norway | 6.4 | 3.3 | 2.3 | 2.3 | -28.9% |
| Others | 6.6 | 7.8 | 12.8 | 12.5 | 23.7% |
| Total | 122 | 99.8 | 133 | 155 | 8.3% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Denmark in 2022:
- Germany (5.8K tons)
- Poland (3.6K tons)
- Sweden (2.7K tons)
- Italy (1.8K tons)
- Czech Republic (1.8K tons)
- France (1.8K tons)
- Spain (1.2K tons)
- Lithuania (0.8K tons)
- Netherlands (0.6K tons)
- Slovakia (0.5K tons)
- United Kingdom (0.3K tons)
- Norway (0.2K tons)
Imports of Aluminium; Alloys, Hollow Profiles in Denmark
In 2022, the amount of aluminium; alloys, hollow profileses imported into Denmark fell sharply to 13K tons, with a decrease of -22.6% against 2021 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. As a result, imports attained the peak of 17K tons, and then declined markedly in the following year.
In value terms, aluminium; alloys, hollow profiles imports declined slightly to $82M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 61%. As a result, imports attained the peak of $85M, and then fell slightly in the following year.
| Import of Aluminium; Alloys, Hollow Profiles in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 20.3 | 19.0 | 37.8 | 38.1 | 23.4% |
| Germany | 18.3 | 17.6 | 22.3 | 17.8 | -0.9% |
| Poland | 2.3 | 2.5 | 4.5 | 5.8 | 36.1% |
| Netherlands | 1.8 | 1.7 | 3.8 | 3.1 | 19.9% |
| Spain | 2.3 | 1.6 | 3.6 | 2.8 | 6.8% |
| Norway | 1.9 | 3.5 | 2.9 | 2.5 | 9.6% |
| Turkey | 1.0 | 0.8 | 2.3 | 2.3 | 32.0% |
| Romania | 1.0 | 0.1 | 0.4 | 2.3 | 32.0% |
| Greece | 0.1 | 0.2 | 0.6 | 1.3 | 135.1% |
| Belgium | 1.7 | 1.2 | 2.2 | 0.1 | -61.1% |
| Others | 3.3 | 4.8 | 5.0 | 5.8 | 20.7% |
| Total | 54.1 | 53.1 | 85.4 | 81.8 | 14.8% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Denmark in 2022:
- Belgium (undefinedK tons)
- Sweden (7.4K tons)
- Germany (2.1K tons)
- Poland (0.9K tons)
- Netherlands (0.6K tons)
- Norway (0.4K tons)
- Spain (0.4K tons)
- Turkey (0.3K tons)
- Romania (0.3K tons)
- Greece (0.2K tons)
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