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

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium (FOB) - 2022
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium (CIF) - 2024
  3. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium
  4. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,277 per ton, rising by 6.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,636 per ton), while the average price for exports to the UK ($3,066 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 States (+3.4%), 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 Belgium (CIF) - 2024

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,502 per ton in March 2024, picking up by 4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 23% month-to-month. The import price peaked in March 2024.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($7,442 per ton), while the price for China ($2,965 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 France (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 291K tons of aluminium plates, sheets and strip of thickness exceeding 0.2 mms were exported from Belgium; picking up by 3% compared with the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +45.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms expanded rapidly to $1.2B in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28030540245517.6%
France42.460.989.511740.3%
Netherlands32.064.210411151.4%
Hungary96.497.697.391.9-1.6%
Italy34.842.054.585.835.1%
United States36.414.324.751.112.0%
Spain21.820.030.348.030.1%
Mexico27.323.429.745.318.4%
Austria38.221.749.738.30.1%
Poland4.410.616.526.882.6%
Denmark11.318.832.725.030.3%
China33.041.339.721.2-13.7%
Sweden23.515.319.815.6-12.8%
Others70.871.514711216.5%
Total7538071,1371,24518.2%

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

  1. Germany (115.1K tons)
  2. Hungary (24.8K tons)
  3. France (23.7K tons)
  4. Netherlands (23.2K tons)
  5. Italy (20.3K tons)
  6. Spain (11.0K tons)
  7. Austria (10.9K tons)
  8. United States (9.1K tons)
  9. Mexico (8.9K tons)
  10. Poland (6.3K tons)
  11. Denmark (6.0K tons)
  12. Sweden (4.1K tons)
  13. China (3.8K tons)

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

In 2022, purchases abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -13.6% to 204K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms rose slightly to $790M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany339349445334-0.5%
China27.441.042.012465.4%
Netherlands28.230.044.945.817.5%
Austria32.520.547.238.65.9%
United States24.427.818.133.811.5%
Turkey8.113.621.431.457.1%
South Africa3.041.145.328.0110.5%
Italy20.421.222.427.710.7%
United Kingdom11.58.813.527.633.9%
France15.015.715.825.819.8%
Others22.024.543.273.949.8%
Total53259375879014.1%

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

  1. Germany (108.2K tons)
  2. China (28.5K tons)
  3. Netherlands (10.5K tons)
  4. Austria (8.7K tons)
  5. Turkey (6.9K tons)
  6. South Africa (6.0K tons)
  7. Italy (5.9K tons)
  8. France (5.7K tons)
  9. United Kingdom (5.2K tons)
  10. United States (4.8K tons)

Source: IndexBox Market Intelligence Platform

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