Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK (FOB) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK (CIF) - 2023
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK (FOB) - 2023
In November 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,217 per ton, surging by 6% against the previous month. Over the period under review, the export price, however, showed a slight descent. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 46% m-o-m. As a result, the export price reached the peak level of $7,190 per ton. From May 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($8,379 per ton), while the average price for exports to Turkey ($3,451 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK (CIF) - 2023
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $5,250 per ton in November 2023, waning by -7.6% against the previous month. Overall, the import price showed a slight decline. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 82% against the previous month. As a result, import price reached the peak level of $10,730 per ton. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($7,195 per ton), while the price for Spain ($4,565 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK
In 2022, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from the UK declined slightly to 5.6K tons, waning by -1.9% on 2021 figures. In general, exports continue to indicate a abrupt shrinkage.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms expanded significantly to $35M in 2022. Over the period under review, exports saw a noticeable reduction.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.4 | 4.2 | 6.5 | 3.8 | -11.1% |
| Austria | 1.8 | 1.0 | 1.2 | 3.6 | 26.0% |
| Japan | 3.9 | 2.6 | 5.3 | 3.5 | -3.5% |
| Turkey | 1.5 | 1.2 | 1.6 | 2.7 | 21.6% |
| Thailand | 2.3 | 1.7 | 2.7 | 2.7 | 5.5% |
| South Korea | 3.3 | 3.1 | 2.7 | 2.5 | -8.8% |
| Netherlands | 0.4 | 0.3 | 0.4 | 1.6 | 58.7% |
| Greece | 0.6 | 0.8 | 0.3 | 1.6 | 38.7% |
| Norway | 0.4 | 0.6 | 1.3 | 1.6 | 58.7% |
| Czech Republic | 0.8 | 0.8 | 1.1 | 1.5 | 23.3% |
| France | 2.4 | 1.5 | 1.2 | 1.5 | -14.5% |
| India | 1.7 | 0.7 | 1.0 | 1.3 | -8.6% |
| Germany | 2.5 | 1.1 | 1.0 | 1.3 | -19.6% |
| Others | 12.3 | 8.9 | 5.1 | 5.2 | -24.9% |
| Total | 39.4 | 28.6 | 31.2 | 34.6 | -4.2% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from the UK in 2022:
- China (620.3 tons)
- Japan (573.8 tons)
- Austria (548.4 tons)
- South Korea (486.6 tons)
- Turkey (472.2 tons)
- Thailand (461.6 tons)
- France (277.8 tons)
- Netherlands (277.2 tons)
- Norway (253.2 tons)
- Greece (239.9 tons)
- India (227.7 tons)
- Germany (212.0 tons)
- Czech Republic (192.7 tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the UK
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were finally on the rise to reach 598 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt slump.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $3.2M in 2022. Over the period under review, imports continue to indicate a mild expansion. 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 927 | 796 | 643 | 1,475 | 16.7% |
| Germany | 442 | 501 | 54.0 | 776 | 20.6% |
| China | 63.9 | 30.9 | 125 | 404 | 84.9% |
| Finland | N/A | N/A | N/A | 192 | 0% |
| United States | N/A | 29.2 | 86.2 | 110 | 94.1% |
| Bahrain | 109 | 150 | 73.0 | 74.6 | -11.9% |
| Norway | N/A | N/A | N/A | 47.0 | 0% |
| Portugal | 136 | N/A | N/A | N/A | 0% |
| Canada | 1,250 | 48.0 | N/A | N/A | -96.2% |
| Others | 173 | 253 | 56.3 | 157 | -3.2% |
| Total | 3,101 | 1,808 | 1,037 | 3,236 | 1.4% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to the UK in 2022:
- Netherlands (300.9 tons)
- Germany (104.1 tons)
- China (76.4 tons)
- Finland (27.9 tons)
- Bahrain (24.2 tons)
- Norway (21.2 tons)
- United States (16.8 tons)
404
This report provides an in-depth analysis of the aluminium alloy wire market in the UK.
708
This report provides an in-depth analysis of the global aluminium alloy wire market.
322
This report provides an in-depth analysis of the non-alloy aluminium wire market in the UK.
404
This report provides an in-depth analysis of the aluminium alloy wire market in the UK.
426
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
708
This report provides an in-depth analysis of the global aluminium alloy wire market.
285
During the period of June to September 2023, the exports of Aluminium Alloy Wire experienced a moderate growth. In terms of value, the exports of Aluminium Alloy Wire reached $1.8M in September 2023.
285
During the period of June to September 2023, the exports of Aluminium Alloy Wire experienced a moderate growth. In terms of value, the exports of Aluminium Alloy Wire reached $1.8M in September 2023.
