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

Contents:

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

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,100 per ton in March 2024, waning by -6.7% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 31% month-to-month. The import price peaked at $4,835 per ton in October 2023; however, from November 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 country with the highest price was Norway ($4,082 per ton), while the price for Turkey totaled $3,221 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Belgium (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In March 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $5,890 per ton, increasing by 7.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in February 2024 when the average export price increased by 21% m-o-m. The export price peaked in March 2024.

There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Faroe Islands ($7,672 per ton), while the average price for exports to Ukraine ($4,039 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 Faroe Islands (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 106K tons of aluminium plates, sheets and strip of thickness exceeding 0.2 mms were imported into Denmark; which is down by -5.9% compared with the previous year. Over the period under review, imports, however, saw a modest increase. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports attained the peak of 113K tons, and then reduced in the following year.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $536M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11611619818817.5%
Norway10598.910814110.3%
Greece17.318.215.029.219.1%
Belgium16.416.330.828.820.6%
China6.84.68.923.150.3%
Romania11.29.314.918.518.2%
Austria12.310.119.917.512.5%
Poland6.06.211.316.239.2%
Slovenia5.76.313.915.339.0%
Italy13.96.35.513.0-2.2%
France7.17.311.812.621.1%
Sweden6.84.96.610.415.2%
Others14.415.018.922.415.9%
Total33932046453616.5%

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

  1. Germany (40.0K tons)
  2. Norway (28.1K tons)
  3. Greece (5.8K tons)
  4. China (5.6K tons)
  5. Belgium (5.2K tons)
  6. Slovenia (3.0K tons)
  7. Romania (2.9K tons)
  8. Poland (2.9K tons)
  9. Austria (2.8K tons)
  10. Italy (2.3K tons)
  11. France (1.9K tons)
  12. Sweden (1.8K tons)

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

In 2022, approx. 36K tons of aluminium plates, sheets and strip of thickness exceeding 0.2 mms were exported from Denmark; which is down by -23.3% against the previous year's figure. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 9.5% against the previous year. As a result, the exports reached the peak of 48K tons, and then contracted markedly in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms reached $201M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany61.646.047.458.0-2.0%
Sweden33.930.341.247.612.0%
Norway11.211.714.417.916.9%
Poland4.97.111.914.041.9%
Netherlands7.68.416.711.113.5%
Finland4.74.27.96.913.7%
Czech Republic3.31.88.36.022.1%
China2.52.83.85.530.1%
Spain0.51.36.25.2118.3%
Belgium3.63.55.24.46.9%
Lithuania1.11.34.73.749.8%
Italy10.222.010.61.3-49.7%
Others8.37.218.519.432.7%
Total1531481972019.5%

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

  1. Germany (12.3K tons)
  2. Sweden (8.0K tons)
  3. Norway (2.9K tons)
  4. Netherlands (2.2K tons)
  5. Poland (2.1K tons)
  6. Finland (1.2K tons)
  7. Spain (1.1K tons)
  8. Czech Republic (1.0K tons)
  9. Belgium (0.9K tons)
  10. China (0.7K tons)
  11. Lithuania (0.6K tons)
  12. Italy (0.3K tons)

Source: IndexBox Market Intelligence Platform

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