United Kingdom - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAluminium Bar Price in the UK - 2023
Contents:
- Aluminium Bar Price in the UK (CIF) - 2023
- Aluminium Bar Price in the UK (FOB) - 2022
- Aluminium Bar Imports in the UK
- Aluminium Bar Exports in the UK
Aluminium Bar Price in the UK (CIF) - 2023
In May 2023, the average aluminium bar import price amounted to $9,041 per ton, rising by 32% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($14,942 per ton), while the price for India ($4,060 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Bar Price in the UK (FOB) - 2022
In 2022, the average aluminium bar export price amounted to $4,323 per ton, which is down by -22.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 86%. As a result, the export price reached the peak level of $5,552 per ton, and then dropped dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($16,353 per ton), while the average price for exports to France ($1,543 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 the Netherlands (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Bar Imports in the UK
In 2022, purchases abroad of aluminium bars, rods and profiles was finally on the rise to reach 102K tons after two years of decline. Over the period under review, imports, however, showed a abrupt setback.
In value terms, aluminium bar imports dropped to $512M in 2022. In general, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year.
| Import of Aluminium Bar in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 112 | 64.7 | 102 | 84.5 | -9.0% |
| Spain | 84.7 | 56.2 | 93.7 | 77.8 | -2.8% |
| Germany | 116 | 75.4 | 82.5 | 69.2 | -15.8% |
| Italy | 40.6 | 36.9 | 44.7 | 37.2 | -2.9% |
| France | 72.2 | 32.7 | 29.5 | 33.3 | -22.7% |
| Turkey | 19.0 | 18.6 | 35.6 | 29.6 | 15.9% |
| Belgium | 49.4 | 36.9 | 29.8 | 29.4 | -15.9% |
| United States | 54.4 | 26.1 | 25.7 | 26.4 | -21.4% |
| Netherlands | 39.2 | 19.8 | 18.4 | 19.3 | -21.0% |
| Lithuania | 7.1 | 5.3 | 20.3 | 16.9 | 33.5% |
| Poland | 14.6 | 15.2 | 18.6 | 15.4 | 1.8% |
| Portugal | 23.4 | 14.3 | 11.8 | 12.4 | -19.1% |
| Russia | 4.6 | 2.6 | 8.8 | 7.3 | 16.6% |
| Others | 83.7 | 39.5 | 58.4 | 53.1 | -14.1% |
| Total | 721 | 444 | 580 | 512 | -10.8% |
Top Suppliers of Aluminium Bar to the UK in 2022:
- China (25.2K tons)
- Spain (12.8K tons)
- Germany (12.1K tons)
- Italy (6.7K tons)
- Belgium (6.0K tons)
- Turkey (5.9K tons)
- Netherlands (4.4K tons)
- France (3.9K tons)
- Poland (3.2K tons)
- Portugal (3.1K tons)
- Lithuania (2.8K tons)
- United States (2.6K tons)
- Russia (2.1K tons)
Aluminium Bar Exports in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of aluminium bars, rods and profiles, when their volume increased by 45% to 24K tons. Over the period under review, exports, however, showed a sharp decrease.
In value terms, aluminium bar exports totaled $106M in 2022. Overall, exports, however, faced a abrupt slump.
| Export of Aluminium Bar in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 17.5 | 15.0 | 24.5 | 19.2 | 3.1% |
| Ireland | 26.3 | 21.3 | 15.6 | 16.4 | -14.6% |
| Germany | 28.8 | 17.6 | 6.9 | 13.8 | -21.7% |
| France | 23.3 | 14.1 | 4.3 | 10.8 | -22.6% |
| United States | 7.1 | 4.8 | 8.5 | 6.7 | -1.9% |
| Greece | 13.9 | 4.9 | 0.1 | 4.9 | -29.4% |
| Spain | 7.0 | 1.4 | 1.9 | 2.6 | -28.1% |
| Belgium | 2.9 | 2.1 | 1.4 | 1.7 | -16.3% |
| Others | 35.4 | 36.7 | 30.3 | 29.6 | -5.8% |
| Total | 162 | 118 | 93.6 | 106 | -13.2% |
Top Export Markets for Aluminium Bar from the UK in 2022:
- France (7.0K tons)
- Germany (4.7K tons)
- Netherlands (3.7K tons)
- Ireland (2.6K tons)
- Greece (2.4K tons)
- Spain (0.6K tons)
- United States (0.4K tons)
- Belgium (0.4K tons)
This report provides an in-depth analysis of the aluminium bar market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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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