Aluminium Bar Market - Suppliers of Aluminium Bars, Rods, and Profiles from Turkey and China Are Expanding Their Presence in the European Market

Basic Precious Metals August 11, 2016
Author: Irina Andreeva
Market Analyst

aluminium bar market

Photo: © vlaru / Bigstockphoto

Total imports on the aluminium bar market within the EU increased steadily over the last three years, amounting to 6,064 million EUR in 2015. Data concerning the EU trade with non-EU countries shows that the EU remains a net importer of aluminium bars, rods and profiles.

EU Imports Of Aluminium Bars, Rods, And Profiles

In 2015, Germany (26%) and France (14%) were the largest importers of aluminium bars, rods, and profiles among the EU Member States, together comprising 40% of total EU imports. The UK (9%), Belgium (6%), the Czech Republic, and the Netherlands (5% each) followed distantly.

The major values of trade were conducted between the EU Member States, while extra-EU imports took a 23% share of total EU imports, growing rapidly in the past two years. In 2015, the value of extra-EU imports of aluminium bars, rods, and profiles reached 1,393 million USD, which was 20% more than the year before.

EU Aluminium Bars, Rods, And Profiles Market Structure

Despite the fact that the domestic supply of aluminium bars, rods, and profiles mostly covers the European market's needs, the share of extra-imports in the apparent consumption increased consistently over the period under review, reaching a notable 14% in 2015. The growing supply of imported goods, especially from China and Turkey, is considerably increasing the competition for European producers. It is expected that this pressure will intensify in the next few years.

Do you want to know more about the EU aluminium bar market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • aluminium bar market share
  • aluminium bar prices
  • aluminium bar industry
  • aluminium bar sales
  • aluminium bar market forecast
  • aluminium bar price forecast
  • key aluminium bar producers

Source: EU: Aluminium Bars, Rods And Profiles - Market Report. Analysis And Forecast To 2020