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

Contents:

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

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

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $6,630 per ton in 2022, surging by 2.2% against the previous year. In general, the import price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in 2021 an increase of 52% against the previous year. The import price peaked at $7,340 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($18,992 per ton), while the price for China ($5,654 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.6%), 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 Greece (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $8,899 per ton, with an increase of 316% against the previous year. Over the period under review, the export price continues to indicate a moderate increase. Over the period under review, the average export prices reached the maximum at $9,519 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($28,292 per ton), while the average price for exports to Hungary amounted to $2,298 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.7%).

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

In 2022, approx. 55 tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were imported into Greece; increasing by 253% compared with the previous year. Over the period under review, imports enjoyed a pronounced increase.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $367K in 2022. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy18313188.22287.6%
China6.046.50.288.6145.3%
South KoreaN/AN/AN/A18.60%
Germany7.212.19.115.829.9%
PolandN/A1.2N/A11.3206.9%
France20.45.32.42.2-52.4%
India22.322.1N/AN/A-0.9%
Others9.439.21.92.6-34.8%
Total24825810236714.0%

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

  1. Italy (35.1 tons)
  2. China (15.7 tons)
  3. Poland (1.9 tons)
  4. Germany (1.2 tons)
  5. South Korea (1.0 tons)
  6. France (0.3 tons)

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

In 2022, approx. 189 kg of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were exported from Greece; declining by -91.7% compared with the year before. In general, exports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 531%. As a result, the exports reached the peak of 2.3 tons, and then declined dramatically in the following year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses declined dramatically to $1.7K in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 221%. As a result, the exports reached the peak of $4.8K, and then declined significantly in the following year.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A1.40%
HungaryN/AN/AN/A0.30%
Cyprus0.6N/AN/AN/A0%
Germany1.8N/AN/AN/A0%
KazakhstanN/A1.5N/AN/A0%
ItalyN/AN/A0.2N/A0%
AlbaniaN/AN/A4.7N/A0%
OthersN/AN/AN/AN/A0%
Total2.41.54.81.7-10.9%

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

  1. Hungary (141.0 kg)
  2. United Arab Emirates (48.0 kg)

Source: IndexBox Market Intelligence Platform

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