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

Contents:

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

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,785 per ton in March 2024, picking up by 5.3% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 7.8% m-o-m. The import price peaked in March 2024.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was South Korea ($11,009 per ton), while the price for Turkey ($3,443 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 South Korea (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In March 2024, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $1,814 per ton, dropping by -7.8% against the previous month. Over the period under review, the export price saw a mild contraction. The most prominent rate of growth was recorded in April 2023 an increase of 23% m-o-m. Over the period under review, the average export prices hit record highs at $2,862 per ton in May 2023; however, from June 2023 to March 2024, the export prices remained at a 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 the UK ($3,961 per ton), while the average price for exports to Switzerland amounted to $1,368 per ton.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.8%), 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 Slovakia

For the fourth consecutive year, Slovakia recorded growth in purchases abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, which increased by 13% to 114K tons in 2022. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 17%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms soared to $439M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.0% 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 +65.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Over the period under review, imports of hit record highs 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 Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany99.011216017120.0%
France48.444.634.062.89.1%
Czech Republic11.423.339.949.763.4%
Austria14.815.021.627.122.3%
Hungary11.713.614.721.121.7%
Turkey16.09.414.220.89.1%
Belgium9.55.57.016.820.9%
Italy17.410.712.315.5-3.8%
China2.81.82.710.052.9%
Greece1.43.57.89.388.0%
Poland5.14.77.79.221.7%
Others29.719.723.425.2-5.3%
Total26726434543918.0%

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

  1. Germany (50.0K tons)
  2. Czech Republic (14.6K tons)
  3. France (14.6K tons)
  4. Austria (6.0K tons)
  5. Hungary (4.7K tons)
  6. Turkey (4.6K tons)
  7. Belgium (4.2K tons)
  8. Italy (3.5K tons)
  9. Greece (2.9K tons)
  10. China (2.3K tons)
  11. Poland (1.8K tons)

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

In 2022, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Slovakia soared to 13K tons, picking up by 20% on 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +44.7% against 2019 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 $35M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +57.5% against 2020 indices. 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 Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic3.72.43.28.230.4%
Germany2.83.84.06.834.4%
Switzerland1.94.96.96.550.7%
Austria1.62.13.84.642.2%
Poland0.22.01.62.8141.0%
Hungary9.83.32.02.3-38.3%
Romania1.71.21.10.9-19.1%
Italy1.70.60.90.5-33.5%
Others2.71.91.82.1-8.0%
Total26.122.125.334.710.0%

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

  1. Switzerland (5.1K tons)
  2. Germany (2.9K tons)
  3. Czech Republic (1.6K tons)
  4. Austria (0.8K tons)
  5. Hungary (0.7K tons)
  6. Romania (0.4K tons)
  7. Poland (0.4K tons)
  8. Italy (0.2K tons)

Source: IndexBox Market Intelligence Platform

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