Price for Aluminium; Tubes and Pipes in Denmark - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Denmark (FOB) - 2023
- Price for Aluminium; Tubes and Pipes in Denmark (CIF) - 2023
- Exports of Aluminium; Tubes and Pipes in Denmark
- Imports of Aluminium; Tubes and Pipes in Denmark
Price for Aluminium; Tubes and Pipes in Denmark (FOB) - 2023
The average aluminium; tubes and pipes export price stood at $6,706 per ton in July 2023, approximately equating the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 8.3% against the previous month. Over the period under review, the average export prices attained the maximum at $7,132 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($9,255 per ton), while the average price for exports to Spain ($4,046 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Denmark (CIF) - 2023
The average aluminium; tubes and pipes import price stood at $4,814 per ton in July 2023, leveling off at the previous month. In general, the import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 22% month-to-month. The import price peaked at $6,043 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($6,510 per ton), while the price for Romania ($3,955 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Aluminium; Tubes and Pipes in Denmark
In 2022, the amount of aluminium; tubes and pipeses exported from Denmark fell to 16K tons, declining by -4.1% against 2021 figures. Overall, exports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of 8.3% against the previous year.
In value terms, aluminium; tubes and pipes exports totaled $114M in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 21%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Aluminium; Tubes and Pipes in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.2 | 10.3 | 13.7 | 20.3 | 109.7% |
| Germany | 15.6 | 13.6 | 16.2 | 20.0 | 8.6% |
| Poland | 17.0 | 13.1 | 16.2 | 18.1 | 2.1% |
| Czech Republic | 7.9 | 6.3 | 8.2 | 8.6 | 2.9% |
| France | 11.9 | 6.3 | 7.2 | 7.5 | -14.3% |
| Sweden | 4.2 | 3.9 | 5.6 | 5.4 | 8.7% |
| Turkey | 3.2 | 2.7 | 3.7 | 5.0 | 16.0% |
| Hungary | 3.1 | 2.5 | 2.7 | 3.4 | 3.1% |
| Spain | 5.3 | 3.4 | 3.8 | 3.2 | -15.5% |
| Norway | 1.5 | 1.4 | 2.4 | 3.1 | 27.4% |
| Mexico | 1.3 | 0.9 | 1.8 | 2.6 | 26.0% |
| Italy | 2.7 | 2.3 | 2.5 | 2.1 | -8.0% |
| Finland | 1.2 | 1.3 | 1.5 | 1.1 | -2.9% |
| Others | 12.1 | 14.5 | 14.7 | 13.4 | 3.5% |
| Total | 89.2 | 82.6 | 100 | 114 | 8.5% |
Top Export Markets for Aluminium; Tubes and Pipes from Denmark in 2022:
- Poland (2.7K tons)
- United States (2.4K tons)
- Germany (2.4K tons)
- Czech Republic (1.6K tons)
- France (1.1K tons)
- Sweden (0.9K tons)
- Turkey (0.6K tons)
- Spain (0.6K tons)
- Hungary (0.4K tons)
- Norway (0.4K tons)
- Italy (0.3K tons)
- Mexico (0.3K tons)
- Finland (0.2K tons)
Imports of Aluminium; Tubes and Pipes in Denmark
Aluminium; tubes and pipes imports into Denmark fell sharply to 4.4K tons in 2022, declining by -24.3% on the previous year's figure. Overall, imports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 9%.
In value terms, aluminium; tubes and pipes imports shrank to $25M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.9% 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 +41.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $28M, and then reduced in the following year.
| Import of Aluminium; Tubes and Pipes in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 3.0 | 2.6 | 5.6 | 8.4 | 40.9% |
| Germany | 4.4 | 3.6 | 5.5 | 4.2 | -1.5% |
| Romania | 3.4 | 3.7 | 3.0 | 2.8 | -6.3% |
| Turkey | 0.6 | 0.1 | 1.1 | 2.6 | 63.0% |
| Belgium | 1.7 | 1.6 | 3.2 | 1.2 | -11.0% |
| Italy | 1.5 | 1.5 | 2.3 | 0.8 | -18.9% |
| Bulgaria | 0.8 | 0.8 | 1.4 | 0.8 | 0.0% |
| Spain | N/A | N/A | N/A | 0.7 | 0% |
| Poland | 1.1 | 0.3 | 0.3 | 0.5 | -23.1% |
| Russia | 0.3 | 0.6 | 2.2 | 0.4 | 10.1% |
| China | 1.5 | 1.7 | 1.9 | 0.2 | -48.9% |
| Others | 2.0 | 1.1 | 1.4 | 2.2 | 3.2% |
| Total | 20.3 | 17.6 | 28.0 | 24.8 | 6.9% |
Top Suppliers of Aluminium; Tubes and Pipes to Denmark in 2022:
- Greece (1632.7 tons)
- Germany (646.9 tons)
- Turkey (546.4 tons)
- Romania (517.4 tons)
- Belgium (218.9 tons)
- Bulgaria (164.7 tons)
- Italy (119.0 tons)
- Spain (102.1 tons)
- Russia (101.8 tons)
- Poland (95.8 tons)
- China (22.8 tons)
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