Price for Aluminium; Powders and Flakes in Belgium - 2023

Contents:

1. Price for Aluminium; Powders and Flakes in Belgium (CIF) - 2023
2. Price for Aluminium; Powders and Flakes in Belgium (FOB) - 2023
3. Imports of Aluminium; Powders and Flakes in Belgium
4. Exports of Aluminium; Powders and Flakes in Belgium

Price for Aluminium; Powders and Flakes in Belgium (CIF) - 2023

In August 2023, the average aluminium; powders and flakes import price amounted to $3,548 per ton, with a decrease of -5.5% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average import price increased by 60% m-o-m. As a result, import price reached the peak level of $5,400 per ton. From December 2022 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($19,502 per ton), while the price for India amounted to $5,962 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Powders and Flakes in Belgium (FOB) - 2023

The average aluminium; powders and flakes export price stood at $4,591 per ton in August 2023, falling by -28.6% against the previous month. Over the period under review, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in February 2023 an increase of 112% month-to-month. Over the period under review, the average export prices attained the maximum at $11,306 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was China ($18,708 per ton), while the average price for exports to India ($1,568 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+41.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Powders and Flakes in Belgium

After three years of growth, overseas purchases of aluminium; powders and flakeses decreased by -42.3% to 2.2K tons in 2022. In general, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. As a result, imports attained the peak of 3.8K tons, and then fell notably in the following year.

In value terms, aluminium; powders and flakes imports dropped markedly to $9.2M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. As a result, imports reached the peak of $12M, and then plummeted in the following year.

Top Suppliers of Aluminium; Powders and Flakes to Belgium in 2022:

1. Germany (1201.9 tons)
2. India (253.4 tons)
3. Austria (214.1 tons)
4. France (184.2 tons)
5. Italy (152.0 tons)
6. Malta (80.2 tons)
7. Netherlands (55.5 tons)
8. Hungary (0.1 tons)

Exports of Aluminium; Powders and Flakes in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; powders and flakeses, when their volume decreased by -5.7% to 697 tons. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. As a result, the exports attained the peak of 739 tons, and then contracted in the following year.

In value terms, aluminium; powders and flakes exports contracted slightly to $5.2M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, the exports reached the peak of $5.3M, and then declined in the following year.

Top Export Markets for Aluminium; Powders and Flakes from Belgium in 2022:

1. Turkey (384.2 tons)
2. Israel (87.8 tons)
3. Germany (66.0 tons)
4. Poland (46.5 tons)
5. Czech Republic (18.4 tons)
6. Malaysia (17.6 tons)
7. United Arab Emirates (15.0 tons)

Source: IndexBox Market Intelligence Platform