Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $7,820 per ton, picking up by 94% against the previous year. In general, the import price enjoyed a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($8,220 per ton), while the price for Belgium stood at $6,680 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,690 per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 277% against the previous year. As a result, the export price attained the peak level of $10,500 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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 Italy ($20,217 per ton), while the average price for exports to the Netherlands stood at $3,833 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+88.5%).

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg

In 2022, supplies from abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -58.7% to 4.4 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2020 with an increase of 727% against the previous year. As a result, imports reached the peak of 34 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms shrank rapidly to $34K in 2022. Overall, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 362%. As a result, imports reached the peak of $125K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.744.55.926.71.3%
BelgiumN/AN/AN/A7.60%
United KingdomN/AN/A37.0N/A0%
NetherlandsN/A79.9N/AN/A0%
Others1.40.7N/AN/A-50.0%
Total27.112542.934.38.2%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Luxembourg in 2022:

  1. Germany (3.2 tons)
  2. Belgium (1.1 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg

Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Luxembourg amounted to 203 kg in 2022, remaining stable against the previous year. In general, exports showed a precipitous decline. The smallest decline of 99.9% was in 2021.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $1.2K in 2022. Overall, exports showed a precipitous slump. The smallest decline of 99.9% was in 2021.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Luxembourg (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/AN/A0.70%
Italy2.3N/A0.5-53.4%
OthersN/AN/AN/A0%
Total2.3N/A1.2-27.8%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Luxembourg in 2022:

  1. Netherlands (180.0 kg)
  2. Italy (23.0 kg)

Source: IndexBox Market Intelligence Platform

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