Price for Aluminium; Tubes and Pipes in Spain - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Spain (CIF) - 2023
- Price for Aluminium; Tubes and Pipes in Spain (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Spain
- Exports of Aluminium; Tubes and Pipes in Spain
Price for Aluminium; Tubes and Pipes in Spain (CIF) - 2023
The average aluminium; tubes and pipes import price stood at $7,307 per ton in July 2023, surging by 4.7% against the previous month. In general, import price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, aluminium; tubes and pipes import price increased by +11.9% against November 2022 indices. The pace of growth was the most pronounced in November 2022 an increase of 149% m-o-m. Over the period under review, average import prices reached the maximum in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($12,150 per ton), while the price for Bulgaria ($3,780 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 South Africa (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Spain (FOB) - 2022
In 2022, the average aluminium; tubes and pipes export price amounted to $7,443 per ton, surging by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2013 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs at $8,238 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cuba ($10,350 per ton), while the average price for exports to Austria ($4,063 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 Morocco (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Tubes and Pipes in Spain
In 2022, purchases abroad of aluminium; tubes and pipeses was finally on the rise to reach 7.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt slump.
In value terms, aluminium; tubes and pipes imports expanded notably to $44M in 2022. Over the period under review, imports, however, saw a abrupt setback.
| Import of Aluminium; Tubes and Pipes in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 6.8 | 6.2 | 5.8 | 7.9 | 5.1% |
| South Africa | 12.3 | 7.5 | 6.8 | 6.5 | -19.2% |
| Belgium | 3.8 | 2.8 | 5.3 | 5.2 | 11.0% |
| Italy | 5.4 | 4.2 | 3.8 | 4.1 | -8.8% |
| Germany | 4.6 | 8.1 | 4.4 | 3.9 | -5.4% |
| China | 3.4 | 2.2 | 2.7 | 3.2 | -2.0% |
| Denmark | 3.8 | 3.2 | 2.7 | 3.0 | -7.6% |
| Greece | 0.3 | 0.3 | 1.0 | 1.4 | 67.1% |
| Czech Republic | 0.4 | 0.1 | 0.9 | 1.3 | 48.1% |
| United Arab Emirates | N/A | N/A | N/A | 1.3 | 0% |
| Turkey | 2.4 | 0.7 | 0.6 | 1.2 | -20.6% |
| France | 2.1 | 3.1 | 2.8 | 1.2 | -17.0% |
| Bulgaria | 0.9 | 0.7 | 0.8 | 0.8 | -3.9% |
| Others | 6.8 | 5.0 | 3.6 | 3.0 | -23.9% |
| Total | 52.9 | 44.3 | 41.3 | 44.0 | -6.0% |
Top Suppliers of Aluminium; Tubes and Pipes to Spain in 2022:
- Portugal (1563.0 tons)
- Belgium (1187.1 tons)
- South Africa (1105.9 tons)
- Italy (589.9 tons)
- Germany (491.9 tons)
- China (442.9 tons)
- Denmark (440.6 tons)
- Greece (289.9 tons)
- Czech Republic (266.7 tons)
- Turkey (254.3 tons)
- United Arab Emirates (225.1 tons)
- Bulgaria (160.0 tons)
- France (128.5 tons)
Exports of Aluminium; Tubes and Pipes in Spain
In 2022, overseas shipments of aluminium; tubes and pipeses decreased by -20.2% to 3.4K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year.
In value terms, aluminium; tubes and pipes exports reduced to $25M in 2022. In general, exports recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 4.1%. As a result, the exports attained the peak of $29M, and then contracted in the following year.
| Export of Aluminium; Tubes and Pipes in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 3.3 | 3.0 | 4.9 | 5.2 | 16.4% |
| France | 4.3 | 5.4 | 5.7 | 4.2 | -0.8% |
| United States | 4.1 | 1.8 | 2.4 | 1.8 | -24.0% |
| Netherlands | 1.6 | 3.5 | 1.1 | 0.9 | -17.5% |
| United Kingdom | 1.2 | 1.5 | 1.1 | 0.9 | -9.1% |
| Morocco | 1.0 | 0.3 | 0.1 | 0.9 | -3.5% |
| Italy | 0.3 | 0.2 | 0.9 | 0.8 | 38.7% |
| Serbia | N/A | 0.2 | 1.1 | 0.8 | 100.0% |
| Colombia | 0.3 | 1.0 | 0.7 | 0.8 | 38.7% |
| Cuba | 1.0 | 0.2 | 0.5 | 0.6 | -15.7% |
| Austria | 0.6 | 0.8 | 0.6 | 0.4 | -12.6% |
| Kenya | N/A | N/A | N/A | 0.4 | 0% |
| Dominican Republic | N/A | N/A | N/A | 0.3 | 0% |
| Others | 9.9 | 9.9 | 9.8 | 7.0 | -10.9% |
| Total | 27.7 | 27.8 | 29.0 | 25.2 | -3.1% |
Top Export Markets for Aluminium; Tubes and Pipes from Spain in 2022:
- Portugal (792.8 tons)
- France (537.3 tons)
- United States (237.1 tons)
- Serbia (154.6 tons)
- Morocco (141.1 tons)
- Netherlands (121.5 tons)
- Colombia (119.0 tons)
- Austria (105.5 tons)
- United Kingdom (98.4 tons)
- Italy (86.2 tons)
- Kenya (59.7 tons)
- Cuba (55.7 tons)
- Dominican Republic (51.5 tons)
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