Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia (CIF) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia (CIF) - 2023
In November 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,761 per ton, surging by 9.4% against the previous month. In general, the import price enjoyed a modest increase. The growth pace was the most rapid in June 2023 an increase of 99% m-o-m. The import price peaked at $11,002 per ton in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Vietnam ($12,152 per ton), while the price for Russia ($3,306 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.3%), 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 Serbia (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $52,647 per ton in 2022, jumping by 580% against the previous year. Overall, the export price saw significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 the United Arab Emirates ($894,424 per ton), while the average price for exports to Montenegro ($5,371 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 the United Arab Emirates (+145.6%), 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 Serbia
For the fourth consecutive year, Serbia recorded growth in overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, which increased by 66% to 207 tons in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $1.3M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached 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 Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 93.4 | 162 | 321 | 533 | 78.7% |
| France | 2.4 | 0.5 | 15.0 | 214 | 346.8% |
| Germany | 54.6 | 45.0 | 63.5 | 107 | 25.1% |
| Slovenia | 61.0 | 53.2 | 65.0 | 94.5 | 15.7% |
| China | 14.1 | 11.3 | 10.4 | 78.7 | 77.4% |
| Vietnam | N/A | N/A | N/A | 78.4 | 0% |
| Italy | 19.0 | 72.2 | 112 | 55.4 | 42.9% |
| Turkey | 3.6 | 50.0 | 3.5 | 37.7 | 118.8% |
| Others | 13.8 | 52.7 | 44.9 | 75.8 | 76.4% |
| Total | 262 | 446 | 635 | 1,275 | 69.5% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Serbia in 2022:
- Hungary (125.0 tons)
- France (21.5 tons)
- Slovenia (11.8 tons)
- Germany (9.9 tons)
- China (9.8 tons)
- Turkey (9.2 tons)
- Vietnam (6.9 tons)
- Italy (5.9 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia
In 2022, approx. 1.3 tons of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses were exported from Serbia; increasing by 126% on the previous year's figure. In general, exports, however, faced a sharp slump.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses skyrocketed to $68K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 59.0 | 0% |
| Croatia | N/A | N/A | N/A | 7.6 | 0% |
| North Macedonia | N/A | 0.1 | 1.2 | 0.8 | 182.8% |
| Montenegro | 5.0 | 0.1 | 0.1 | 0.6 | -50.7% |
| Germany | N/A | 1.4 | 1.0 | 0.4 | -46.5% |
| Uganda | 7.0 | N/A | N/A | N/A | 0% |
| Moldova | N/A | 14.9 | N/A | N/A | 0% |
| Romania | N/A | 5.6 | N/A | N/A | 0% |
| Canada | N/A | N/A | 2.1 | N/A | 0% |
| Turkey | 3.1 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 15.4 | 22.0 | 4.4 | 68.4 | 64.4% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Serbia in 2022:
- Croatia (938.0 kg)
- North Macedonia (128.0 kg)
- Montenegro (116.0 kg)
- United Arab Emirates (66.0 kg)
- Germany (51.0 kg)
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