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

Contents:

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

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

In September 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,469 per ton, jumping by 27% against the previous month. Over the period under review, the import price showed temperate growth. The most prominent rate of growth was recorded in June 2023 an increase of 112% month-to-month. As a result, import price reached the peak level of $9,365 per ton. From July 2023 to September 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 September 2023, the country with the highest price was Ireland ($13,620 per ton), while the price for Germany ($3,824 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ireland (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $8,356 per ton in 2022, dropping by -7.7% against the previous year. In general, the export price recorded a mild setback. The growth pace was the most rapid in 2018 when the average export price increased by 37% against the previous year. The export price peaked at $12,162 per ton in 2013; however, from 2014 to 2022, the export prices stood 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 Sweden ($12,799 per ton), while the average price for exports to Ukraine ($2,545 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 Greenland (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Denmark soared to 373 tons in 2022, picking up by 21% against 2021 figures. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 237%. As a result, imports reached the peak of 449 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 is 7mm or lesses skyrocketed to $1.6M in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 169% against the previous year. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Germany (302.1 tons)
2. Italy (32.2 tons)
3. Czech Republic (26.0 tons)
4. Netherlands (6.5 tons)
5. Norway (0.1 tons)

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

In 2022, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses from Denmark fell slightly to 17 tons, almost unchanged from the previous year. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year. As a result, the exports attained the peak of 17 tons, leveling off in the following year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses shrank to $140K in 2022. In general, exports showed a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 40%. As a result, the exports reached the peak of $153K, and then contracted in the following year.

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

1. Ukraine (3.7 tons)
2. Czech Republic (3.4 tons)
3. Norway (2.6 tons)
4. France (1.3 tons)
5. Greenland (1.1 tons)
6. Netherlands (1.0 tons)
7. Iceland (0.5 tons)
8. Finland (0.4 tons)
9. United Kingdom (0.4 tons)
10. Sweden (0.4 tons)
11. China (0.4 tons)
12. Singapore (0.3 tons)
13. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform