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

Contents:

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

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

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $7,057 per ton in 2022, leveling off at the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 13%. The import price peaked at $12,252 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Finland ($12,258 per ton), while the price for Poland ($5,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+10.6%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $8,297 per ton, rising by 15% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 46%. The export price peaked at $16,177 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($9,172 per ton), while the average price for exports to Russia ($8,132 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 Belarus (-1.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses imported into Lithuania soared to 30 tons, surging by 42% compared with 2021. In general, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 121% against the previous year. As a result, imports attained the peak of 52 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $212K in 2022. Overall, imports posted moderate growth. The most prominent rate of growth was recorded in 2020 when imports increased by 142% against the previous year. As a result, imports reached the peak of $447K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.78.626.780.3118.5%
Sweden40.98.130.439.9-0.8%
Germany12.617.033.632.637.3%
Finland31.227.947.525.1-7.0%
NorwayN/A12.46.020.127.3%
China10.86.32.19.7-3.5%
Italy71.5363N/A0.4-82.2%
Others9.43.74.53.6-27.4%
Total1844471512124.8%

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

  1. Poland (16.1 tons)
  2. Sweden (4.0 tons)
  3. Germany (3.7 tons)
  4. Norway (2.1 tons)
  5. Finland (2.0 tons)
  6. China (1.7 tons)
  7. Italy (0.1 tons)

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

For the third year in a row, Lithuania recorded decline in overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which decreased by -56.1% to 11 tons in 2022. Overall, exports faced a sharp curtailment. The smallest decline of -41.2% was in 2020.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses fell dramatically to $95K in 2022. Over the period under review, exports recorded a significant decrease. The smallest decline of -16.8% was in 2021.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia33021718287.6-35.7%
Belarus6.24.80.92.9-22.4%
Latvia1.54.81.91.86.3%
Others1.40.43.62.724.5%
Total33922718894.9-34.6%

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

  1. Russia (10.8 tons)
  2. Belarus (0.3 tons)
  3. Latvia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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