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

Contents:

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

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

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,682 per ton in May 2024, picking up by 6.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2024 when the average export price increased by 9.9% m-o-m. Over the period under review, the average export prices hit record highs at $3,997 per ton in July 2023; however, from August 2023 to May 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($4,599 per ton), while the average price for exports to the Netherlands ($2,950 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $5,468 per ton in May 2024, rising by 10% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2024 when the average import price increased by 10% month-to-month. Over the period under review, average import prices hit record highs in May 2024.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($7,526 per ton), while the price for China ($3,358 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), 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 Norway

Exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Norway reduced to 153K tons in 2022, which is down by -11.4% against 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of 173K tons, and then fell in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms rose markedly to $706M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +66.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 49%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11292.51201418.0%
Denmark40.345.455.777.424.3%
Poland52.249.675.075.413.0%
Italy32.831.845.558.921.5%
Netherlands36.243.741.141.84.9%
United Kingdom47.730.760.840.8-5.1%
France29.318.738.240.111.0%
Switzerland23.423.232.738.217.7%
United States12.510.537.337.344.0%
Sweden15.016.723.336.334.3%
Spain14.38.622.430.628.9%
Others53.952.079.188.217.8%
Total47042363270614.5%

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

  1. Germany (30.1K tons)
  2. Poland (16.0K tons)
  3. Denmark (15.3K tons)
  4. Italy (12.0K tons)
  5. Netherlands (11.3K tons)
  6. United States (9.4K tons)
  7. United Kingdom (8.9K tons)
  8. France (8.7K tons)
  9. Switzerland (8.6K tons)
  10. Spain (7.1K tons)
  11. Sweden (7.0K tons)

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

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Norway expanded modestly to 17K tons, increasing by 2.3% compared with 2021 figures. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $99M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +88.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. Over the period under review, imports of hit record highs 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 Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.38.613.328.035.3%
Denmark11.311.114.417.916.6%
Italy5.64.38.59.318.4%
Germany5.75.66.46.75.5%
Sweden3.83.75.56.016.4%
Austria3.93.13.75.19.4%
SingaporeN/A0.71.84.0139.0%
Greece0.60.71.33.172.9%
Bahrain1.40.91.12.419.7%
Netherlands3.31.82.32.4-10.1%
Poland2.31.32.12.2-1.5%
France1.41.21.42.012.6%
India0.60.40.61.226.0%
Others13.99.213.08.7-14.5%
Total65.152.575.499.015.0%

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

  1. China (5.9K tons)
  2. Denmark (3.0K tons)
  3. Italy (1.6K tons)
  4. Sweden (0.9K tons)
  5. Austria (0.9K tons)
  6. Germany (0.8K tons)
  7. Singapore (0.7K tons)
  8. Greece (0.6K tons)
  9. Bahrain (0.5K tons)
  10. Poland (0.4K tons)
  11. Netherlands (0.3K tons)
  12. India (0.3K tons)
  13. France (0.3K tons)

Source: IndexBox Market Intelligence Platform

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