Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria - 2024

Contents:

1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria (FOB) - 2024
2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria (CIF) - 2024
3. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria
4. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria (FOB) - 2024

In March 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $5,546 per ton, approximately equating the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2024 when the average export price increased by 6.3% m-o-m. Over the period under review, the average export prices attained the maximum at $5,792 per ton in April 2023; however, from May 2023 to March 2024, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In March 2024, the countries with the highest prices were the United States ($6,357 per ton) and Taiwan (Chinese) ($5,945 per ton), while the average price for exports to Switzerland ($4,299 per ton) and Mexico ($5,064 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria (CIF) - 2024

In March 2024, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,544 per ton, surging by 4.3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 19% month-to-month. The import price peaked at $4,223 per ton in October 2023; however, from November 2023 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Switzerland ($5,637 per ton), while the price for Saudi Arabia ($3,256 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.6%), while the prices for the other major suppliers experienced a decline.

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria

In 2022, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Austria reduced modestly to 197K tons, dropping by -4.8% on the previous year's figure. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 207K tons, and then declined in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $1.1B in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 40%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Austria in 2022:

1. Germany (45.5K tons)
2. United States (33.6K tons)
3. Italy (14.7K tons)
4. France (14.1K tons)
5. Spain (8.0K tons)
6. United Kingdom (7.2K tons)
7. Hungary (6.6K tons)
8. Slovakia (6.5K tons)
9. Taiwan (Chinese) (5.5K tons)
10. Mexico (5.3K tons)
11. Turkey (5.2K tons)
12. Poland (4.3K tons)
13. Netherlands (3.9K tons)

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Austria

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Austria surged to 261K tons, jumping by 18% compared with the previous year. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $1.1B in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +85.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Austria in 2022:

1. Germany (98.0K tons)
2. France (64.7K tons)
3. Italy (23.7K tons)
4. Turkey (20.6K tons)
5. Netherlands (10.4K tons)
6. United Kingdom (9.7K tons)
7. Belgium (6.0K tons)

Source: IndexBox Market Intelligence Platform