Price for Aluminium Waste and Scrap in Lithuania - 2024
Contents:
- Price for Aluminium Waste and Scrap in Lithuania (FOB) - 2024
- Price for Aluminium Waste and Scrap in Lithuania (CIF) - 2024
- Exports of Aluminium Waste and Scrap in Lithuania
- Imports of Aluminium Waste and Scrap in Lithuania
Price for Aluminium Waste and Scrap in Lithuania (FOB) - 2024
In March 2024, the average aluminium waste and scrap export price amounted to $1,884 per ton, reducing by -2.4% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 an increase of 9.1% month-to-month. The export price peaked at $1,988 per ton in June 2023; however, from July 2023 to March 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($2,414 per ton), while the average price for exports to Pakistan ($1,019 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium Waste and Scrap in Lithuania (CIF) - 2024
In March 2024, the average aluminium waste and scrap import price amounted to $1,462 per ton, reducing by -20.4% against the previous month. Overall, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 123% m-o-m. The import price peaked at $2,309 per ton in March 2023; however, from April 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($2,094 per ton), while the price for Germany ($318 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Sweden (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Aluminium Waste and Scrap in Lithuania
In 2022, approx. 30K tons of aluminium waste and scraps were exported from Lithuania; surging by 11% against the year before. The total export volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, aluminium waste and scrap exports skyrocketed to $63M in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 78% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Aluminium Waste and Scrap in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 15.5 | 11.9 | 21.8 | 29.0 | 23.2% |
| Germany | 5.4 | 8.0 | 14.5 | 18.8 | 51.6% |
| India | 0.1 | 0.4 | 1.5 | 4.0 | 242.0% |
| Latvia | 2.7 | 2.7 | 4.0 | 3.7 | 11.1% |
| Thailand | N/A | 0.8 | 2.3 | 1.5 | 36.9% |
| Austria | 0.3 | 0.4 | 0.7 | 1.0 | 49.4% |
| Taiwan (Chinese) | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Others | 1.4 | 3.0 | 3.3 | 4.0 | 41.9% |
| Total | 25.4 | 27.1 | 48.3 | 62.8 | 35.2% |
Top Export Markets for Aluminium Waste and Scrap from Lithuania in 2022:
- Poland (13.5K tons)
- Germany (8.4K tons)
- India (2.2K tons)
- Latvia (2.1K tons)
- Thailand (0.7K tons)
- Taiwan (Chinese) (0.5K tons)
- Austria (0.5K tons)
Imports of Aluminium Waste and Scrap in Lithuania
Aluminium waste and scrap imports into Lithuania skyrocketed to 3K tons in 2022, picking up by 240% on 2021 figures. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium waste and scrap imports skyrocketed to $5.4M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium Waste and Scrap in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 530 | 1,614 | 662 | 2,078 | 57.7% |
| Estonia | 696 | 900 | 660 | 1,239 | 21.2% |
| Ukraine | N/A | N/A | N/A | 692 | 0% |
| Israel | 9.5 | 3.6 | N/A | 591 | 296.2% |
| Tajikistan | N/A | N/A | N/A | 219 | 0% |
| Germany | N/A | 2.3 | 7.5 | 208 | 851.0% |
| Brazil | N/A | N/A | 72.2 | 123 | 70.4% |
| Poland | 143 | 8.8 | 2.0 | 0.3 | -87.2% |
| Russia | N/A | 109 | 140 | N/A | 28.4% |
| Cyprus | 121 | 52.1 | N/A | N/A | -56.9% |
| Czech Republic | 294 | N/A | N/A | N/A | 0% |
| Others | 298 | 229 | 32.1 | 228 | -8.5% |
| Total | 2,092 | 2,918 | 1,576 | 5,379 | 37.0% |
Top Suppliers of Aluminium Waste and Scrap to Lithuania in 2022:
- Latvia (1447.5 tons)
- Estonia (590.4 tons)
- Ukraine (299.4 tons)
- Israel (227.9 tons)
- Germany (180.0 tons)
- Tajikistan (80.0 tons)
- Brazil (67.4 tons)
- Poland (0.2 tons)
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