Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria - 2023

Contents:

1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria (FOB) - 2023
2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria (CIF) - 2022
3. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria
4. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria (FOB) - 2023

In October 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $11,045 per ton, increasing by 1,233% against the previous month. Over the period under review, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In October 2023, the country with the highest price was Serbia ($11,426 per ton), while the average price for exports to Ghana totaled $9,318 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria (CIF) - 2022

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $4,241 per ton in 2022, with an increase of 7.4% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2014 an increase of 59%. As a result, import price attained the peak level of $8,868 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($9,118 per ton), while the price for Germany ($3,281 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria

For the fourth consecutive year, Austria recorded growth in shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which increased by 25% to 18K tons in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 121% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $14M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 131% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Austria in 2022:

1. Germany (11.5K tons)
2. Poland (2.9K tons)
3. Slovenia (1.6K tons)
4. France (1.0K tons)
5. Czech Republic (0.6K tons)

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Austria

In 2022, purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -2.3% to 948 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 14%.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses expanded modestly to $4M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25%.

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Austria in 2022:

1. Germany (595.3 tons)
2. Hungary (150.8 tons)
3. Italy (58.1 tons)
4. Spain (54.6 tons)
5. Poland (37.4 tons)
6. Czech Republic (26.6 tons)
7. France (14.3 tons)
8. Slovenia (0.7 tons)

Source: IndexBox Market Intelligence Platform