Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland - 2024

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland (CIF) - 2024
  2. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland (FOB) - 2024
  3. Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland
  4. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland (CIF) - 2024

In December 2023, the average import price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $7,451 per ton, with an increase of 2.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 an increase of 9% month-to-month. Over the period under review, average import prices attained the maximum at $7,708 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($13,934 per ton), while the price for the Czech Republic ($4,021 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland (FOB) - 2024

In December 2023, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $7,473 per ton, rising by 12% against the previous month. Overall, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Portugal ($11,316 per ton), while the average price for exports to Poland ($4,630 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland

In 2022, the amount of aluminium; alloys, bars, rods and profiles, other than hollows imported into Switzerland totaled 45K tons, with an increase of 7.8% against the previous year's figure. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $331M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +71.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.583.099.112112.3%
Italy37.834.146.865.420.0%
Austria22.320.726.035.516.8%
Turkey8.99.616.721.434.0%
China12.910.112.417.911.5%
Czech Republic5.35.06.410.124.0%
France5.23.56.68.417.3%
Poland2.73.63.77.540.6%
Belgium3.23.76.76.224.7%
Romania5.04.97.56.06.3%
Spain2.12.02.85.336.2%
Others15.313.421.026.319.8%
Total20619425633117.1%

Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Switzerland in 2022:

  1. Germany (14.5K tons)
  2. Italy (9.7K tons)
  3. Austria (4.4K tons)
  4. China (3.7K tons)
  5. Turkey (3.4K tons)
  6. Czech Republic (1.7K tons)
  7. Poland (1.1K tons)
  8. Romania (1.0K tons)
  9. France (0.9K tons)
  10. Belgium (0.8K tons)
  11. Spain (0.8K tons)

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland

In 2022, approx. 19K tons of aluminium; alloys, bars, rods and profiles, other than hollows were exported from Switzerland; approximately equating the year before. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of 19K tons, and then declined slightly in the following year.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $126M in 2022. The total export value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany50.147.859.768.310.9%
France16.311.015.717.62.6%
Austria6.24.96.58.29.8%
Italy3.42.54.17.630.8%
Poland3.12.63.03.76.1%
Netherlands2.22.52.22.77.1%
Czech Republic1.31.12.02.626.0%
Others17.512.712.315.5-4.0%
Total10085.11061268.0%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Switzerland in 2022:

  1. Germany (11.0K tons)
  2. France (2.7K tons)
  3. Italy (1.3K tons)
  4. Austria (1.2K tons)
  5. Poland (0.7K tons)
  6. Netherlands (0.4K tons)
  7. Czech Republic (0.4K tons)

Source: IndexBox Market Intelligence Platform

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