Price for Aluminium; Powders and Flakes in Hungary - 2023

Contents:

  1. Price for Aluminium; Powders and Flakes in Hungary (CIF) - 2022
  2. Price for Aluminium; Powders and Flakes in Hungary (FOB) - 2022
  3. Imports of Aluminium; Powders and Flakes in Hungary
  4. Exports of Aluminium; Powders and Flakes in Hungary

Price for Aluminium; Powders and Flakes in Hungary (CIF) - 2022

The average aluminium; powders and flakes import price stood at $6,612 per ton in 2022, surging by 48% against the previous year. In general, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $11,529 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($55,586 per ton), while the price for Romania ($2,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Powders and Flakes in Hungary (FOB) - 2022

The average aluminium; powders and flakes export price stood at $39,415 per ton in 2022, falling by -7.1% against the previous year. In general, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 7,372% against the previous year. As a result, the export price reached the peak level of $3,587 per kg. 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 Romania ($91,500 per ton), while the average price for exports to the Czech Republic ($28,480 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 Russia (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Powders and Flakes in Hungary

In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium; powders and flakeses, when their volume decreased by -85.4% to 47 tons. Over the period under review, imports faced a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 112%. As a result, imports attained the peak of 322 tons, and then dropped rapidly in the following year.

In value terms, aluminium; powders and flakes imports dropped rapidly to $310K in 2022. Overall, imports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 80%.

Import of Aluminium; Powders and Flakes in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/A1,229145-88.2%
Germany20752816587.7-24.9%
RomaniaN/A2.9N/A25.3195.4%
Austria55.629823.29.2-45.1%
Slovakia55.450.60.1N/A-95.8%
United Kingdom1081470.4N/A-93.9%
Italy59.257.60.6N/A-89.9%
Others13019.217.042.8-30.9%
Total6151,1041,435310-20.4%

Top Suppliers of Aluminium; Powders and Flakes to Hungary in 2022:

  1. Latvia (21.5 tons)
  2. Germany (13.8 tons)
  3. Romania (10.0 tons)
  4. Austria (0.5 tons)

Exports of Aluminium; Powders and Flakes in Hungary

In 2022, overseas shipments of aluminium; powders and flakeses were finally on the rise to reach 205 kg after two years of decline. In general, exports, however, faced a dramatic slump.

In value terms, aluminium; powders and flakes exports soared to $8.1K in 2022. Over the period under review, exports, however, recorded a significant contraction.

Export of Aluminium; Powders and Flakes in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A4.70%
Czech Republic0.51.5N/A1.440.9%
Romania1.11.50.91.35.7%
AustriaN/A0.1N/A0.6144.9%
Germany6.40.91.3N/A-54.9%
Slovenia5.9N/AN/AN/A0%
France26.8N/AN/AN/A0%
Poland244N/AN/AN/A0%
Others3.01.00.1N/A-81.7%
Total2885.12.48.1-69.6%

Top Export Markets for Aluminium; Powders and Flakes from Hungary in 2022:

  1. Russia (120.0 kg)
  2. Czech Republic (50.0 kg)
  3. Austria (20.0 kg)
  4. Romania (14.0 kg)

Source: IndexBox Market Intelligence Platform

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