Price for Aluminium; Tubes and Pipes in Luxembourg - 2023

Contents:

1. Price for Aluminium; Tubes and Pipes in Luxembourg (CIF) - 2022
2. Price for Aluminium; Tubes and Pipes in Luxembourg (FOB) - 2022
3. Imports of Aluminium; Tubes and Pipes in Luxembourg
4. Exports of Aluminium; Tubes and Pipes in Luxembourg

Price for Aluminium; Tubes and Pipes in Luxembourg (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $7,738 per ton in 2022, with an increase of 12% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($32,833 per ton), while the price for Germany ($6,900 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Tubes and Pipes in Luxembourg (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $10,303 per ton, surging by 32% against the previous year. Overall, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 an increase of 37% against the previous year. The export price peaked at $11,973 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 France ($13,109 per ton), while the average price for exports to Belgium ($5,723 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 Germany (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Tubes and Pipes in Luxembourg

Aluminium; tubes and pipes imports into Luxembourg contracted to 341 tons in 2022, dropping by -8.7% against the year before. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +68.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, imports reached the peak of 374 tons, and then reduced in the following year.

In value terms, aluminium; tubes and pipes imports rose slightly to $2.6M in 2022. Overall, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 81%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Aluminium; Tubes and Pipes to Luxembourg in 2022:

1. Germany (185.2 tons)
2. Belgium (135.8 tons)
3. France (9.5 tons)

Exports of Aluminium; Tubes and Pipes in Luxembourg

In 2022, approx. 9.6 tons of aluminium; tubes and pipeses were exported from Luxembourg; increasing by 11% on 2021. Overall, exports continue to indicate modest growth. The pace of growth was the most pronounced in 2021 when exports increased by 99% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, aluminium; tubes and pipes exports soared to $99K in 2022. In general, exports saw a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Aluminium; Tubes and Pipes from Luxembourg in 2022:

1. Belgium (4.3 tons)
2. France (3.0 tons)
3. Germany (2.2 tons)

Source: IndexBox Market Intelligence Platform