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

Contents:

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

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

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $4,479 per ton in March 2024, stabilizing at the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 7.4% month-to-month. As a result, the export price attained the peak level of $4,639 per ton. From May 2023 to March 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was South Korea ($8,037 per ton), while the average price for exports to Serbia ($3,610 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 Mexico (+1.7%), 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 Germany (CIF) - 2024

In March 2024, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,008 per ton, increasing by 1.9% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 6.5% month-to-month. As a result, import price reached the peak level of $4,551 per ton. From May 2023 to March 2024, the average import prices remained at a somewhat 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 the United States ($8,682 per ton), while the price for Turkey ($3,459 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 United States (+0.9%), 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 Germany

In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms exported from Germany dropped to 1.4M tons, waning by -6.3% against the year before. Overall, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 9%.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms expanded remarkably to $6.6B in 2022. The total export value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 reached the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. United Kingdom (236.1K tons)
2. Poland (140.3K tons)
3. France (124.2K tons)
4. Spain (117.0K tons)
5. Austria (87.5K tons)
6. Netherlands (86.3K tons)
7. Italy (82.4K tons)
8. Hungary (53.6K tons)
9. Belgium (52.1K tons)
10. Slovakia (45.5K tons)
11. Denmark (42.9K tons)
12. Czech Republic (41.6K tons)
13. United States (41.4K tons)

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

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Germany totaled 959K tons in 2022, increasing by 2.7% against 2021. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 16%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $4.5B in 2022. In general, total imports indicated prominent growth 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, imports increased by +78.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Imports peaked 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 Germany in 2022:

1. Switzerland (232.4K tons)
2. France (112.7K tons)
3. Italy (78.8K tons)
4. Spain (76.7K tons)
5. Belgium (71.8K tons)
6. Austria (57.7K tons)
7. Turkey (43.9K tons)
8. China (36.7K tons)
9. Netherlands (35.9K tons)
10. Slovenia (34.9K tons)
11. United Kingdom (24.1K tons)
12. Poland (23.5K tons)
13. Hungary (21.5K tons)

Source: IndexBox Market Intelligence Platform