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

Contents:

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

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

In March 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $3,959 per ton, shrinking by -11.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in February 2024 an increase of 53% month-to-month. As a result, the export price attained the peak level of $4,454 per ton, and then contracted in the following month.

There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was the United Arab Emirates ($5,375 per ton), while the average price for exports to Switzerland ($3,328 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (-0.4%), while the prices for the other major destinations experienced a decline.

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,222 per ton in March 2024, approximately equating the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 18% m-o-m. The import price peaked at $4,949 per ton in June 2023; however, from July 2023 to March 2024, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In March 2024, the countries with the highest prices were Turkey ($5,370 per ton) and China ($4,841 per ton), while the price for Norway ($3,996 per ton) and Serbia ($4,453 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+3.5%), 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 Croatia

After three years of growth, shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -19.5% to 81K tons in 2022. Overall, exports recorded a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 9.5%. As a result, the exports attained the peak of 101K tons, and then fell sharply in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms totaled $302M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 +47.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia12314218921520.5%
Germany27.029.162.655.627.2%
Czech Republic12.19.19.59.7-7.1%
Italy6.96.16.25.4-7.8%
United States26.49.39.6N/A-39.7%
Others11.89.716.516.110.9%
Total20720529330213.4%

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

  1. Slovenia (63.6K tons)
  2. Germany (11.5K tons)
  3. Czech Republic (2.1K tons)
  4. Italy (1.1K tons)

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

In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms imported into Croatia soared to 10K tons, growing by 18% compared with 2021. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $53M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia6.76.510.014.328.8%
Italy3.23.07.98.639.0%
Germany4.74.35.16.913.7%
Austria5.35.16.36.67.6%
China0.40.20.83.5106.1%
Poland3.23.43.53.42.0%
Serbia0.40.40.72.173.8%
Norway1.11.00.91.817.8%
Turkey0.20.41.11.386.6%
Spain0.90.70.81.03.6%
Others1.91.51.93.927.1%
Total28.026.538.953.323.9%

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

  1. Slovenia (2646.1 tons)
  2. Italy (1970.5 tons)
  3. Austria (1124.3 tons)
  4. Germany (958.7 tons)
  5. China (849.9 tons)
  6. Poland (672.2 tons)
  7. Serbia (407.4 tons)
  8. Norway (403.1 tons)
  9. Spain (233.3 tons)
  10. Turkey (232.2 tons)

Source: IndexBox Market Intelligence Platform

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