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

Contents:

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

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

In October 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $7,394 per ton, surging by 32% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The export price peaked at $8,076 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In October 2023, the countries with the highest prices were Cameroon ($8,547 per ton) and South Korea ($7,921 per ton), while the average price for exports to Tunisia ($6,795 per ton) and Norway ($7,506 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.4%), 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 France (CIF) - 2023

In October 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $6,360 per ton, waning by -15.4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 32% against the previous month. As a result, import price reached the peak level of $7,887 per ton. From April 2023 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($24,574 per ton), while the price for China ($1,779 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+10.1%), 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 France

In 2022, overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -2.6% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of 2K tons, and then fell slightly in the following year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses rose notably to $13M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

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

1. Tunisia (552.0 tons)
2. Germany (461.1 tons)
3. Belgium (111.9 tons)
4. South Korea (108.5 tons)
5. Poland (93.6 tons)
6. Pakistan (89.1 tons)
7. Netherlands (89.0 tons)
8. Sweden (71.5 tons)
9. Spain (49.6 tons)
10. Hungary (47.9 tons)
11. United Kingdom (35.8 tons)
12. Norway (26.2 tons)
13. China (22.3 tons)

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

In 2022, approx. 1.3K tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were imported into France; which is down by -21.3% on the previous year's figure. Over the period under review, imports continue to indicate a mild slump. The growth pace was the most rapid in 2021 with an increase of 61%. As a result, imports reached the peak of 1.6K tons, and then fell significantly in the following year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced to $8.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $10M, and then dropped in the following year.

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

1. Canada (239.6 tons)
2. India (196.2 tons)
3. Italy (174.9 tons)
4. Spain (166.0 tons)
5. China (159.7 tons)
6. Germany (126.9 tons)
7. Czech Republic (116.3 tons)
8. United States (11.8 tons)

Source: IndexBox Market Intelligence Platform