Slovakia - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAluminium Bar Price in Slovakia - 2023
Contents:
- Aluminium Bar Price in Slovakia (FOB) - 2023
- Aluminium Bar Price in Slovakia (CIF) - 2023
- Aluminium Bar Exports in Slovakia
- Aluminium Bar Imports in Slovakia
Aluminium Bar Price in Slovakia (FOB) - 2023
The average aluminium bar export price stood at $5,259 per ton in June 2023, increasing by 8.8% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 10% m-o-m. Over the period under review, the average export prices reached the maximum at $5,771 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In June 2023, the countries with the highest prices were Romania ($6,775 per ton) and Austria ($6,097 per ton), while the average price for exports to Germany ($4,647 per ton) and Poland ($5,441 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 Romania (+0.3%), while the prices for the other major destinations experienced a decline.
Aluminium Bar Price in Slovakia (CIF) - 2023
In June 2023, the average aluminium bar import price amounted to $5,175 per ton, rising by 3.3% against the previous month. Over the period under review, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in December 2022 an increase of 7.7% against the previous month. Over the period under review, average import prices hit record highs at $6,651 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($8,323 per ton), while the price for the Netherlands ($3,288 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 Romania (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Bar Exports in Slovakia
In 2022, the amount of aluminium bars, rods and profiles exported from Slovakia shrank markedly to 62K tons, with a decrease of -19% on 2021 figures. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.7% 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 +30.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of 76K tons, and then reduced markedly in the following year.
In value terms, aluminium bar exports shrank remarkably to $271M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.7% 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 +37.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports attained the peak of $345M, and then declined significantly in the following year.
| Export of Aluminium Bar in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 71.2 | 57.4 | 137 | 122 | 19.7% |
| Czech Republic | 46.8 | 45.2 | 69.5 | 46.6 | -0.1% |
| Poland | 19.3 | 17.5 | 29.7 | 20.3 | 1.7% |
| Hungary | 24.8 | 21.7 | 31.9 | 19.0 | -8.5% |
| Austria | 6.3 | 6.6 | 17.1 | 15.6 | 35.3% |
| Romania | 12.7 | 10.9 | 13.2 | 9.8 | -8.3% |
| Belgium | 9.9 | 10.4 | 12.3 | 6.9 | -11.3% |
| France | 4.2 | 2.3 | 3.3 | 5.6 | 10.1% |
| Others | 34.5 | 25.0 | 30.9 | 24.8 | -10.4% |
| Total | 230 | 197 | 345 | 271 | 5.6% |
Top Export Markets for Aluminium Bar from Slovakia in 2022:
- Germany (31.8K tons)
- Czech Republic (9.6K tons)
- Poland (4.3K tons)
- Hungary (3.8K tons)
- Austria (2.5K tons)
- Romania (2.2K tons)
- France (1.3K tons)
- Belgium (1.3K tons)
Aluminium Bar Imports in Slovakia
In 2022, after three years of growth, there was significant decline in purchases abroad of aluminium bars, rods and profiles, when their volume decreased by -10.6% to 46K tons. The total import volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of 51K tons, and then shrank in the following year.
In value terms, aluminium bar imports reduced rapidly to $211M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +34.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $258M, and then declined significantly in the following year.
| Import of Aluminium Bar in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.8 | 43.5 | 70.1 | 53.3 | 17.6% |
| Poland | 35.1 | 34.3 | 47.7 | 34.1 | -1.0% |
| Austria | 26.8 | 21.4 | 33.9 | 21.9 | -6.5% |
| Italy | 6.6 | 14.5 | 20.7 | 21.0 | 47.1% |
| Czech Republic | 9.0 | 12.9 | 21.7 | 17.2 | 24.1% |
| Slovenia | 4.8 | 1.3 | 7.7 | 10.5 | 29.8% |
| Turkey | 6.1 | 6.8 | 9.6 | 9.9 | 17.5% |
| Sweden | 0.3 | 2.4 | 6.9 | 9.9 | 220.8% |
| Spain | 10.2 | 7.4 | 11.9 | 6.9 | -12.2% |
| Denmark | 2.9 | 2.8 | 4.0 | 4.4 | 14.9% |
| Hungary | 3.6 | 2.6 | 4.0 | 2.4 | -12.6% |
| China | 6.9 | 4.2 | 4.0 | 2.2 | -31.7% |
| Romania | 2.7 | 1.8 | 1.6 | 0.9 | -30.7% |
| Others | 8.5 | 7.4 | 14.2 | 16.1 | 23.7% |
| Total | 156 | 163 | 258 | 211 | 10.6% |
Top Suppliers of Aluminium Bar to Slovakia in 2022:
- Germany (10.3K tons)
- Poland (8.3K tons)
- Italy (4.4K tons)
- Austria (3.8K tons)
- Czech Republic (3.1K tons)
- Slovenia (2.9K tons)
- Sweden (2.5K tons)
- Turkey (2.1K tons)
- Spain (1.3K tons)
- Denmark (0.9K tons)
- Hungary (0.7K tons)
- Romania (0.6K tons)
- China (0.5K tons)
This report provides an in-depth analysis of the aluminium bar market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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