Report Update: Apr 1, 2024

Belgium - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Aluminium Bar Price in Belgium - 2023

Aluminium Bar Price in Belgium (FOB) - 2023

The average aluminium bar export price stood at $6,342 per ton in June 2023, remaining stable against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 61% month-to-month. Over the period under review, the average export prices reached the peak figure at $6,931 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were the UK ($8,022 per ton) and France ($6,529 per ton), while the average price for exports to Poland ($5,590 per ton) and Romania ($5,716 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.7%), while the prices for the other major destinations experienced a decline.

Aluminium Bar Price in Belgium (CIF) - 2023

The average aluminium bar import price stood at $3,564 per ton in June 2023, with an increase of 75% against the previous month. In general, the import price, however, saw a pronounced downturn. The growth pace was the most rapid in August 2022 an increase of 127% month-to-month. The import price peaked at $5,283 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,182 per ton), while the price for Poland ($1,651 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Bar Exports in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium bars, rods and profiles, when their volume decreased by -6.7% to 131K tons. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 141K tons, and then reduced in the following year.

In value terms, aluminium bar exports fell to $653M in 2022. The total export value increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of $748M, and then contracted in the following year.

Export of Aluminium Bar in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	121	128	186	172	12.4%
Netherlands	135	146	185	160	5.8%
France	120	126	170	136	4.3%
United Kingdom	41.1	38.2	40.6	35.9	-4.4%
Poland	14.5	11.6	19.8	16.7	4.8%
Others	102	108	147	132	9.0%
Total	533	557	748	653	7.0%

Top Export Markets for Aluminium Bar from Belgium in 2022:

Germany (38.6K tons)
Netherlands (33.2K tons)
France (28.4K tons)
United Kingdom (7.0K tons)
Poland (3.8K tons)

Aluminium Bar Imports in Belgium

After three years of growth, supplies from abroad of aluminium bars, rods and profiles decreased by -55% to 69K tons in 2022. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports reached the peak of 154K tons, and then dropped rapidly in the following year.

In value terms, aluminium bar imports declined rapidly to $509M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports attained the peak of $603M, and then reduced dramatically in the following year.

Import of Aluminium Bar in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	0.2	0.5	0.4	421	1181.6%
Turkey	12.2	15.2	38.4	44.8	54.3%
South Africa	N/A	N/A	0.1	37.9	37800.0%
Spain	74.2	72.3	103	N/A	17.8%
Germany	76.9	70.4	143	N/A	36.4%
China	26.5	15.9	7.3	N/A	-47.5%
Austria	14.7	13.7	23.6	N/A	26.7%
France	36.4	29.0	35.3	N/A	-1.5%
Greece	10.8	10.4	N/A	N/A	-3.7%
Poland	27.4	30.9	35.1	N/A	13.2%
Italy	44.7	39.1	55.8	N/A	11.7%
Netherlands	63.6	62.0	74.8	N/A	8.4%
Romania	8.4	7.5	7.7	N/A	-4.3%
Others	51.5	48.6	77.9	5.2	-53.4%
Total	447	416	603	509	4.4%

Top Suppliers of Aluminium Bar to Belgium in 2022:

Japan (40.3K tons)
Turkey (22.8K tons)
South Africa (5.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium bar market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023