Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany (FOB) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany (CIF) - 2023
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany (FOB) - 2023
In October 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $10,039 per ton, picking up by 5.1% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in August 2023 an increase of 16% month-to-month. Over the period under review, the average export prices hit record highs at $10,041 per ton in April 2023; afterwards, it flattened through to October 2023.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United States ($15,121 per ton), while the average price for exports to Israel ($7,120 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), 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 Germany (CIF) - 2023
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $5,364 per ton in October 2023, which is down by -5.7% against the previous month. Overall, the import price, however, showed a modest increase. The pace of growth appeared the most rapid in February 2023 an increase of 13% against the previous month. As a result, import price reached the peak level of $5,996 per ton. From March 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($7,624 per ton), while the price for India ($2,749 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 Spain (+3.0%), 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 Germany
Exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses from Germany fell to 3.1K tons in 2022, with a decrease of -13.5% against the previous year's figure. Overall, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of 3.6K tons, and then dropped in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses reduced modestly to $27M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, the exports attained the peak of $27M, and then dropped modestly in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.8 | 0.6 | 0.8 | 1.9 | 33.4% |
| United Kingdom | 1.9 | 1.3 | 1.8 | 1.9 | 0.0% |
| Austria | 1.8 | 1.9 | 1.6 | 1.9 | 1.8% |
| Poland | 1.5 | 1.2 | 1.8 | 1.7 | 4.3% |
| Slovakia | 1.3 | 1.1 | 1.5 | 1.6 | 7.2% |
| Netherlands | 0.9 | 0.8 | 1.2 | 1.2 | 10.1% |
| France | 1.3 | 1.0 | 1.2 | 1.2 | -2.6% |
| China | 1.6 | 1.8 | 2.2 | 1.2 | -9.1% |
| Czech Republic | 0.9 | 0.7 | 1.3 | 1.1 | 6.9% |
| Italy | 0.6 | 0.6 | 1.0 | 1.0 | 18.6% |
| United Arab Emirates | 0.8 | 0.8 | 1.0 | 1.0 | 7.7% |
| Switzerland | 0.7 | 0.9 | 1.1 | 0.9 | 8.7% |
| Canada | 0.6 | 0.4 | 0.6 | 0.8 | 10.1% |
| Others | 8.2 | 8.2 | 10.4 | 9.2 | 3.9% |
| Total | 23.1 | 21.2 | 27.3 | 26.7 | 4.9% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Germany in 2022:
- Slovakia (258.8 tons)
- Turkey (251.6 tons)
- Austria (230.4 tons)
- United Kingdom (191.6 tons)
- Poland (161.2 tons)
- Czech Republic (139.2 tons)
- Netherlands (138.2 tons)
- China (136.0 tons)
- France (132.5 tons)
- United Arab Emirates (123.1 tons)
- Italy (99.3 tons)
- Switzerland (89.8 tons)
- Canada (88.5 tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany
In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Germany dropped to 4.7K tons, declining by -8.8% on 2021 figures. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $26M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.4 | 5.2 | 6.7 | 5.8 | -7.8% |
| France | 2.0 | 2.1 | 2.9 | 3.5 | 20.5% |
| Spain | 1.1 | 1.0 | 2.6 | 3.3 | 44.2% |
| Hungary | 2.1 | 2.3 | 2.8 | 3.0 | 12.6% |
| Slovenia | 2.2 | 1.6 | 2.4 | 2.1 | -1.5% |
| Poland | 1.3 | 0.8 | 1.2 | 1.4 | 2.5% |
| Bahrain | 0.3 | 0.3 | 0.2 | 1.2 | 58.7% |
| Switzerland | 1.1 | 1.0 | 1.0 | 1.0 | -3.1% |
| China | 0.4 | 0.6 | 0.9 | 0.9 | 31.0% |
| Austria | 0.6 | 0.5 | 1.8 | 0.7 | 5.3% |
| Netherlands | 0.5 | 0.2 | 0.4 | 0.6 | 6.3% |
| India | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| United States | 1.6 | 0.2 | 0.3 | 0.2 | -50.0% |
| Others | 0.9 | 1.3 | 2.0 | 1.7 | 23.6% |
| Total | 21.9 | 17.3 | 25.4 | 25.6 | 5.3% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Germany in 2022:
- France (765.0 tons)
- Italy (754.8 tons)
- Spain (721.6 tons)
- Hungary (629.8 tons)
- Poland (359.0 tons)
- Slovenia (319.8 tons)
- Bahrain (304.8 tons)
- Switzerland (174.3 tons)
- China (138.4 tons)
- Austria (101.4 tons)
- Netherlands (99.7 tons)
- India (46.9 tons)
- United States (20.2 tons)
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