Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany - 2023

Contents:

1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany (FOB) - 2023
2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany (CIF) - 2023
3. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany
4. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany (FOB) - 2023

In November 2023, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,255 per ton, surging by 1.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 7% month-to-month. As a result, the export price reached the peak level of $4,563 per ton. From May 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the United States ($6,241 per ton), while the average price for exports to Serbia ($3,405 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany (CIF) - 2023

In November 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,148 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.2% m-o-m. As a result, import price reached the peak level of $4,672 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($7,579 per ton), while the price for Turkey ($3,634 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany

Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Germany dropped to 1.3M tons in 2022, reducing by -6.4% compared with 2021. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 8.2% against the previous year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s expanded sharply to $6.1B in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Germany in 2022:

1. United Kingdom (232.7K tons)
2. Poland (137.1K tons)
3. France (119.8K tons)
4. Spain (107.6K tons)
5. Netherlands (83.1K tons)
6. Austria (82.3K tons)
7. Italy (68.8K tons)
8. Hungary (51.9K tons)
9. Belgium (49.9K tons)
10. Slovakia (44.0K tons)
11. Denmark (41.5K tons)
12. United States (39.6K tons)
13. Sweden (38.8K tons)

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Germany

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Germany amounted to 796K tons, surging by 4% against 2021. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $3.8B in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +75.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Germany in 2022:

1. Switzerland (231.0K tons)
2. France (101.2K tons)
3. Italy (70.1K tons)
4. Belgium (64.8K tons)
5. Spain (60.6K tons)
6. Austria (39.0K tons)
7. China (31.5K tons)
8. Turkey (25.5K tons)
9. United Kingdom (21.5K tons)
10. Slovenia (18.7K tons)
11. Romania (18.4K tons)
12. Netherlands (18.0K tons)
13. Czech Republic (12.7K tons)

Source: IndexBox Market Intelligence Platform