Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany (CIF) - 2023
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany (FOB) - 2023
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany (CIF) - 2023

In October 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,730 per ton, growing by 33% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From October 2022 to October 2023, the rate of growth in terms of prices for Hungary amounted to +3.4% per month.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany (FOB) - 2023

In October 2023, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $6,300 per ton, which is down by -17.7% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 20% month-to-month. As a result, the export price reached the peak level of $7,656 per ton, and then contracted markedly in the following month.

Average prices varied somewhat for the major foreign markets. In October 2023, the highest price was recorded for prices to the UK ($7,264 per ton) and India ($6,394 per ton), while the average price for exports to Switzerland ($4,989 per ton) and Tunisia ($6,107 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany

In 2022, approx. 22K tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Germany; waning by -4.7% compared with the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, imports reached the peak of 23K tons, and then reduced slightly in the following year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $96M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain24.118.326.732.910.9%
France16.416.323.421.39.1%
Belgium8.59.44.511.911.9%
Netherlands6.25.37.08.511.1%
Poland1.01.98.67.696.6%
Japan2.62.12.83.510.4%
Italy0.61.81.92.663.0%
Hungary1.81.32.72.26.9%
Others6.93.23.85.5-7.3%
Total68.159.681.595.912.1%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Germany in 2022:

  1. Spain (7.1K tons)
  2. France (4.6K tons)
  3. Belgium (3.1K tons)
  4. Poland (2.3K tons)
  5. Netherlands (1.7K tons)
  6. Italy (0.7K tons)
  7. Japan (0.6K tons)
  8. Hungary (0.5K tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms exported from Germany declined to 1.9K tons, remaining relatively unchanged against the year before. In general, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 17%.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $12M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1,0343501,1601,47812.6%
Austria7547327831,32020.5%
India4993366161,19333.7%
Tunisia9905566001,1695.7%
France6535911,04595813.6%
China30.41561,134644176.7%
Czech Republic44938571763712.4%
Switzerland5925265706221.7%
United Kingdom34342851561521.5%
Bosnia and Herzegovina4303595455277.0%
Spain3366532663551.9%
Italy644441320278-24.4%
Russia868261519248-34.1%
Others2,5831,9351,9872,162-5.8%
Total10,2067,70810,77612,2066.1%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Germany in 2022:

  1. Austria (248.5 tons)
  2. Peru (222.8 tons)
  3. Tunisia (198.4 tons)
  4. India (192.1 tons)
  5. France (108.3 tons)
  6. Spain (106.3 tons)
  7. Switzerland (98.8 tons)
  8. Czech Republic (92.0 tons)
  9. China (85.8 tons)
  10. United Kingdom (85.6 tons)
  11. Bosnia and Herzegovina (74.4 tons)
  12. Italy (41.2 tons)
  13. Russia (40.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mm - Germany