Price for Aluminium; Tubes and Pipes in Serbia - 2024
Contents:
- Price for Aluminium; Tubes and Pipes in Serbia (FOB) - 2024
- Price for Aluminium; Tubes and Pipes in Serbia (CIF) - 2024
- Exports of Aluminium; Tubes and Pipes in Serbia
- Imports of Aluminium; Tubes and Pipes in Serbia
Price for Aluminium; Tubes and Pipes in Serbia (FOB) - 2024
In January 2024, the average aluminium; tubes and pipes export price amounted to $4,859 per ton, which is down by -7.9% against the previous month. Over the period under review, the export price continues to indicate a mild curtailment. The growth pace was the most rapid in August 2023 when the average export price increased by 8.9% month-to-month. The export price peaked at $5,668 per ton in January 2023; however, from February 2023 to January 2024, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Russia ($6,411 per ton), while the average price for exports to Slovenia ($3,958 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Serbia (CIF) - 2024
In January 2024, the average aluminium; tubes and pipes import price amounted to $5,584 per ton, which is down by -13.1% against the previous month. In general, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in November 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $8,634 per ton. From December 2023 to January 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($9,918 per ton), while the price for Poland ($4,002 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aluminium; Tubes and Pipes in Serbia
In 2022, the amount of aluminium; tubes and pipeses exported from Serbia totaled 3.9K tons, picking up by 15% against 2021 figures. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 226%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, aluminium; tubes and pipes exports soared to $21M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 232% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Aluminium; Tubes and Pipes in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 158 | 999 | 3,222 | 6,650 | 247.8% |
| Netherlands | 191 | 3,529 | 4,581 | 3,259 | 157.4% |
| Hungary | 980 | 981 | 2,400 | 3,188 | 48.2% |
| France | 1.4 | 2.2 | 653 | 1,623 | 950.5% |
| Belgium | 7.3 | 25.9 | 200 | 1,484 | 488.0% |
| Italy | 23.6 | 227 | 489 | 1,117 | 261.7% |
| United Kingdom | 1.4 | 56.2 | 254 | 701 | 694.1% |
| Czech Republic | 11.2 | 130 | 270 | 325 | 207.3% |
| Greece | 123 | 223 | 127 | 170 | 11.4% |
| Spain | 44.5 | 104 | 295 | 139 | 46.2% |
| Others | 576 | 744 | 1,559 | 2,014 | 51.8% |
| Total | 2,118 | 7,023 | 14,051 | 20,671 | 113.7% |
Top Export Markets for Aluminium; Tubes and Pipes from Serbia in 2022:
- Poland (1312.7 tons)
- Hungary (626.0 tons)
- Netherlands (564.7 tons)
- France (318.7 tons)
- Belgium (286.9 tons)
- Italy (229.2 tons)
- United Kingdom (150.4 tons)
- Czech Republic (71.5 tons)
- Greece (36.7 tons)
- Spain (35.2 tons)
Imports of Aluminium; Tubes and Pipes in Serbia
In 2022, the amount of aluminium; tubes and pipeses imported into Serbia shrank sharply to 1.4K tons, which is down by -16.1% on the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +50.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 80%. As a result, imports attained the peak of 1.7K tons, and then shrank notably in the following year.
In value terms, aluminium; tubes and pipes imports expanded modestly to $7.6M in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Aluminium; Tubes and Pipes in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 499 | 317 | 757 | 2,596 | 73.3% |
| Hungary | 4.6 | 3.3 | 1,385 | 1,613 | 605.2% |
| Spain | 50.8 | 264 | 1,148 | 874 | 158.2% |
| Italy | 561 | 1,121 | 887 | 747 | 10.0% |
| China | 520 | 678 | 680 | 618 | 5.9% |
| Bulgaria | 279 | 257 | 814 | 403 | 13.0% |
| Austria | 191 | 210 | 246 | 187 | -0.7% |
| Poland | 1,406 | 653 | 749 | 38.6 | -69.8% |
| Others | 707 | 559 | 566 | 491 | -11.4% |
| Total | 4,218 | 4,062 | 7,233 | 7,567 | 21.5% |
Top Suppliers of Aluminium; Tubes and Pipes to Serbia in 2022:
- Turkey (652.2 tons)
- Hungary (314.4 tons)
- Spain (160.3 tons)
- Bulgaria (69.3 tons)
- China (68.5 tons)
- Italy (65.5 tons)
- Austria (30.4 tons)
- Poland (6.1 tons)
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