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

Contents:

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

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

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,205 per ton in March 2024, picking up by 2.6% against the previous month. In general, the export price, however, saw a slight contraction. Over the period under review, the average export prices attained the maximum at $3,680 per ton in March 2023; however, from April 2023 to March 2024, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In March 2024, the highest price was recorded for prices to the Netherlands ($3,461 per ton) and the UK ($3,169 per ton), while the average price for exports to Belgium ($2,882 per ton) and Poland ($2,926 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.4%), while the prices for the other major destinations experienced a decline.

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

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,808 per ton in March 2024, declining by -7.5% against the previous month. Overall, the import price recorded a slight curtailment. The pace of growth was the most pronounced in July 2023 when the average import price increased by 7.3% month-to-month. Over the period under review, average import prices attained the peak figure at $4,713 per ton in March 2023; however, from April 2023 to March 2024, import prices stood 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 ($7,188 per ton), while the price for Bahrain ($2,866 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 (-0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of aluminium plates, sheets and strip of thickness exceeding 0.2 mms exported from Turkey dropped to 288K tons, with a decrease of -8.6% on the previous year's figure. The total export volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, the exports attained the peak of 315K tons, and then reduced in the following year.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $1.3B in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 95%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10659.415821226.0%
Germany91.784.918220731.2%
Italy46.044.288.310832.9%
United Kingdom71.866.612399.911.6%
Poland34.136.881.792.439.4%
Spain44.621.254.665.813.8%
Switzerland48.045.059.163.79.9%
France30.624.046.461.926.5%
Austria30.526.741.056.422.7%
Slovakia24.219.527.440.819.0%
Belgium8.28.518.933.459.7%
Czech Republic7.010.026.226.856.4%
Netherlands14.014.123.323.518.8%
Others86.388.314316323.6%
Total6435491,0731,25625.0%

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

  1. United States (54.0K tons)
  2. Germany (45.5K tons)
  3. Italy (23.8K tons)
  4. United Kingdom (23.2K tons)
  5. Poland (21.1K tons)
  6. Switzerland (14.6K tons)
  7. Spain (14.5K tons)
  8. France (13.5K tons)
  9. Austria (13.1K tons)
  10. Slovakia (9.5K tons)
  11. Belgium (7.8K tons)
  12. Czech Republic (6.1K tons)
  13. Netherlands (5.3K tons)

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

In 2022, approx. 213K tons of aluminium plates, sheets and strip of thickness exceeding 0.2 mms were imported into Turkey; increasing by 18% compared with the year before. The total import volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached 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 skyrocketed to $921M in 2022. In general, imports saw prominent growth. As a result, imports attained 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 Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15577.712124516.5%
South Korea47.659.568.319660.3%
Greece42.748.078.211840.3%
Germany98.775.210973.4-9.4%
Azerbaijan14.720.848.244.144.2%
Bahrain2.77.433.837.4140.2%
France21.629.322.935.818.3%
Austria24.924.131.131.68.3%
Italy13.714.719.526.124.0%
United States48.128.611.921.4-23.7%
Oman0.13.213.214.9430.1%
Romania18.719.126.69.9-19.1%
Others50.344.246.168.110.6%
Total53845263092119.6%

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

  1. South Korea (59.6K tons)
  2. China (48.0K tons)
  3. Greece (30.6K tons)
  4. Germany (18.2K tons)
  5. Azerbaijan (14.9K tons)
  6. Bahrain (12.1K tons)
  7. Oman (5.1K tons)
  8. Austria (3.6K tons)
  9. France (3.5K tons)
  10. Italy (2.8K tons)
  11. Romania (2.4K tons)
  12. United States (1.7K tons)

Source: IndexBox Market Intelligence Platform

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