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

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland (CIF) - 2023
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland (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 $2,028 per ton, shrinking by -34.7% against the previous month. Over the period under review, the import price saw a pronounced descent. The pace of growth appeared the most rapid in August 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $4,689 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($9,765 per ton), while the price for Germany ($1,043 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 Austria (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland (FOB) - 2022

In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $7,141 per ton, growing by 11% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $7,476 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($37,738 per ton), while the average price for exports to Turkey ($4,458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+111.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Ireland soared to 34K tons, surging by 30% against 2021. The total import volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $116M in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany49.942.556.163.18.1%
NetherlandsN/AN/AN/A20.30%
United Kingdom6.15.87.010.419.5%
France1.00.72.26.081.7%
South Africa6.08.59.73.4-17.2%
Norway0.1N/A0.62.8203.7%
Others4.14.56.09.632.8%
Total67.362.181.511619.9%

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

  1. Germany (23.2K tons)
  2. Netherlands (5.0K tons)
  3. France (1.5K tons)
  4. United Kingdom (1.3K tons)
  5. South Africa (0.7K tons)
  6. Norway (0.5K tons)

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

In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s exported from Ireland contracted dramatically to 170 tons, which is down by -46.2% against the previous year's figure. In general, exports recorded a dramatic decrease. The smallest decline of -0.1% was in 2021.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s plummeted to $1.2M in 2022. Over the period under review, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 4.6% against the previous year.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,9401,9101,920809-25.3%
France30.1N/AN/A23999.5%
TurkeyN/AN/A21.985.7291.3%
Others62045.510382.5-48.9%
Total2,5901,9552,0451,216-22.3%

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

  1. United Kingdom (139.8 tons)
  2. Turkey (19.2 tons)
  3. France (6.3 tons)

Source: IndexBox Market Intelligence Platform

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