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

Contents:

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

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

In March 2024, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,563 per ton, surging by 2.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 7.4% month-to-month. As a result, import price reached the peak level of $5,108 per ton. From September 2023 to March 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was the UK ($12,294 per ton), while the price for China ($3,106 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 Austria (+1.3%), 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 Portugal (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $5,753 per ton, with an increase of 4% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($6,486 per ton) and Angola ($5,916 per ton), while the average price for exports to Spain ($5,089 per ton) and Algeria ($5,750 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Portugal was estimated at 46K tons in 2022, surging by 13% against the previous year's figure. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations 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 surged to $210M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain31.231.345.862.726.2%
Germany25.616.123.128.73.9%
Italy20.018.723.727.711.5%
Turkey8.29.312.122.640.2%
Belgium13.113.217.616.37.6%
China4.65.02.59.728.2%
Austria3.32.63.35.216.4%
United States14.212.74.04.8-30.3%
France13.87.83.74.7-30.2%
Romania3.62.66.44.25.3%
India2.01.94.23.520.5%
Sweden3.23.83.13.0-2.1%
Others6.05.47.316.840.9%
Total14913015721012.1%

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

  1. Spain (16.5K tons)
  2. Italy (5.6K tons)
  3. Turkey (5.3K tons)
  4. Germany (5.2K tons)
  5. Belgium (3.9K tons)
  6. China (2.3K tons)
  7. Austria (1.1K tons)
  8. India (0.9K tons)
  9. Romania (0.8K tons)
  10. France (0.7K tons)
  11. Sweden (0.7K tons)
  12. United States (0.4K tons)

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

In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms exported from Portugal surged to 7.4K tons, jumping by 62% on the previous year's figure. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +71.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms skyrocketed to $43M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.17.78.318.453.4%
Spain11.09.613.518.418.7%
AlgeriaN/AN/A0.11.91800.0%
Angola2.32.41.21.4-15.3%
Others1.01.42.32.535.7%
Total19.521.125.342.629.8%

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

  1. Spain (3.6K tons)
  2. France (2.8K tons)
  3. Algeria (0.3K tons)
  4. Angola (0.2K tons)

Source: IndexBox Market Intelligence Platform

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