Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria (CIF) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria (CIF) - 2023
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,683 per ton in October 2023, reducing by -5.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 22% m-o-m. The import price peaked at $4,223 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Indonesia.
From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +2.2% per month.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,309 per ton, increasing by 6.9% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +57.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,617 per ton), while the average price for exports to France ($3,042 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Austria skyrocketed to 5.2K tons, rising by 50% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $21M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 6.0 | 7.9 | 5.4 | 8.7 | 13.2% |
| France | 3.2 | 1.7 | 3.0 | 5.5 | 19.8% |
| Belgium | 1.4 | 0.6 | 0.7 | 1.9 | 10.7% |
| South Korea | N/A | 0.1 | 1.6 | 1.4 | 274.2% |
| Italy | N/A | N/A | N/A | 1.1 | 0% |
| Indonesia | N/A | N/A | N/A | 0.7 | 0% |
| Spain | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Others | 0.9 | 0.6 | 0.6 | 0.8 | -3.9% |
| Total | 11.5 | 11.0 | 11.3 | 20.8 | 21.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Austria in 2022:
- Hungary (2406.5 tons)
- France (1377.1 tons)
- Belgium (445.4 tons)
- Italy (285.6 tons)
- South Korea (239.5 tons)
- Indonesia (186.7 tons)
- Spain (107.1 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria
In 2022, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Austria skyrocketed to 66 tons, picking up by 48% on the year before. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.2% 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 +73.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms surged to $349K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 38.1 | 43.3 | 59.5 | 126 | 49.0% |
| Belgium | N/A | N/A | N/A | 92.1 | 0% |
| Bosnia and Herzegovina | 38.4 | 31.1 | 29.1 | 44.9 | 5.4% |
| France | 35.8 | N/A | N/A | 21.8 | -15.2% |
| Romania | 3.1 | 6.2 | 19.3 | 17.0 | 76.3% |
| Portugal | N/A | N/A | N/A | 13.9 | 0% |
| Hungary | 6.3 | 79.0 | 8.3 | 12.1 | 24.3% |
| Egypt | N/A | N/A | 35.7 | N/A | 0% |
| Netherlands | N/A | N/A | 14.9 | N/A | 0% |
| Others | 15.1 | 16.0 | 53.3 | 21.4 | 12.3% |
| Total | 137 | 176 | 220 | 349 | 36.6% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Austria in 2022:
- Croatia (20.8 tons)
- Belgium (20.2 tons)
- Bosnia and Herzegovina (9.0 tons)
- France (7.2 tons)
- Romania (2.4 tons)
- Portugal (2.1 tons)
- Hungary (2.0 tons)
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