EU: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in the EU

After three years of growth, the EU market for aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to $X in 2023. The total consumption indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in the EU

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm shrank to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2022, and then shrank in the following year.

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Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports in the EU

In 2023, approx. X tons of aluminium alloy plates, sheets and strip of thickness over X mm were exported in the European Union; which is down by X% against 2022. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm contracted to $X in 2023. Total exports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2022, and then fell in the following year.

Exports by Country

In 2023, Germany (X tons) represented the key exporter of aluminium alloy plates, sheets and strip of thickness over X mm, mixing up X% of total exports. It was distantly followed by France (X tons), Greece (X tons), Italy (X tons), Belgium (X tons), Austria (X tons) and Spain (X tons), together mixing up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to aluminium alloy plate, sheet and strip of thickness over X mm exports from Germany stood at X%. At the same time, Spain (X%), Greece (X%), Italy (X%), Austria (X%), France (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. While the share of Spain (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belgium (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Greece (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, shrinking by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then fell in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Austria ($X per ton) and France ($X per ton), while Greece ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports in the EU

In 2023, supplies from abroad of aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Total imports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2022, and then contracted in the following year.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm shrank rapidly to $X in 2023. Over the period under review, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2022, and then dropped remarkably in the following year.

Imports by Country

In 2023, Germany (X tons), distantly followed by France (X tons), Poland (X tons), Spain (X tons), Italy (X tons), Austria (X tons), the Netherlands (X tons) and Belgium (X tons) were the largest importers of aluminium alloy plates, sheets and strip of thickness over X mm, together committing X% of total imports. The Czech Republic (X tons), Hungary (X tons), Slovakia (X tons), Sweden (X tons) and Denmark (X tons) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2023. At the same time, Hungary (X%), Slovakia (X%), Spain (X%), the Czech Republic (X%), the Netherlands (X%), Austria (X%), Poland (X%), Denmark (X%), Belgium (X%) and Italy (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. France and Sweden experienced a relatively flat trend pattern. While the share of Spain (X p.p.), Hungary (X p.p.), Slovakia (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Sweden (X p.p.), Italy (X p.p.), Germany (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported aluminium alloy plates, sheets and strip of thickness over X mm in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: France (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, dropping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2022, and then reduced in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Denmark ($X per ton) and the Czech Republic ($X per ton), while Slovakia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform