Spain - Aluminum (Unwrought, Not Alloyed) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Price in Spain - 2023
Contents:
- Aluminium Price in Spain (CIF) - 2023
- Aluminium Price in Spain (FOB) - 2023
- Aluminium Imports in Spain
- Aluminium Exports in Spain
Aluminium Price in Spain (CIF) - 2023
In July 2023, the average aluminium import price amounted to $2,616 per ton, falling by -2.7% against the previous month. Over the period under review, the import price saw a pronounced decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 6.8% m-o-m. Over the period under review, average import prices reached the peak figure at $3,408 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Malaysia ($2,990 per ton) and Cameroon ($2,887 per ton), while the price for Brazil ($2,439 per ton) and Bahrain ($2,567 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Africa (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Price in Spain (FOB) - 2023
In July 2023, the average aluminium export price amounted to $2,601 per ton, falling by -3.9% against the previous month. Over the period under review, the export price saw a mild curtailment. The pace of growth was the most pronounced in March 2023 when the average export price increased by 5.8% m-o-m. Over the period under review, the average export prices reached the maximum at $3,224 per ton in July 2022; however, from August 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($2,777 per ton), while the average price for exports to Malaysia amounted to $415 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.1%), while the prices for the other major destinations experienced a decline.
Aluminium Imports in Spain
In 2022, approx. 187K tons of aluminum (unwrought, not alloyed) were imported into Spain; increasing by 8.1% compared with the year before. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports attained the peak of 266K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium imports skyrocketed to $590M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 178 | 182 | 189 | 304 | 19.5% |
| Netherlands | 1.8 | 2.9 | 22.2 | 103 | 285.3% |
| Bahrain | 46.9 | 28.1 | 50.5 | 70.9 | 14.8% |
| Saudi Arabia | 5.1 | 1.3 | 15.3 | 20.3 | 58.5% |
| Cameroon | 9.9 | 8.8 | 32.1 | 19.4 | 25.1% |
| United Arab Emirates | N/A | 8.2 | 12.9 | 15.3 | 36.6% |
| Ghana | 8.2 | N/A | N/A | 12.1 | 13.8% |
| Russia | 38.0 | 8.0 | 23.8 | 5.1 | -48.8% |
| United Kingdom | 125 | 241 | N/A | N/A | 92.8% |
| Others | 37.3 | 14.5 | 62.6 | 38.7 | 1.2% |
| Total | 450 | 495 | 409 | 590 | 9.4% |
Top Suppliers of Aluminium to Spain in 2022:
- United Kingdom (undefinedK tons)
- Mozambique (98.3K tons)
- Netherlands (29.0K tons)
- Bahrain (22.7K tons)
- Cameroon (6.7K tons)
- Saudi Arabia (6.4K tons)
- United Arab Emirates (4.6K tons)
- Ghana (4.0K tons)
- Russia (1.9K tons)
Aluminium Exports in Spain
Aluminium exports from Spain reduced to 46K tons in 2022, declining by -1.9% on 2021 figures. In general, exports saw a deep downturn.
In value terms, aluminium exports surged to $146M in 2022. Over the period under review, exports recorded a relatively flat trend pattern.
| Export of Aluminium in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 142 | 111 | 105 | 132 | -2.4% |
| France | 2.0 | 1.7 | 2.9 | 5.2 | 37.5% |
| Czech Republic | N/A | N/A | 0.2 | 4.9 | 2350.0% |
| Italy | 0.1 | 0.3 | 1.7 | 2.9 | 207.2% |
| Others | 4.3 | 6.0 | 13.9 | 0.3 | -58.8% |
| Total | 148 | 119 | 124 | 146 | -0.5% |
Top Export Markets for Aluminium from Spain in 2022:
- Portugal (40.6K tons)
- France (2.0K tons)
- Czech Republic (1.8K tons)
- Italy (1.1K tons)
This report provides an in-depth analysis of the aluminium market in Spain. 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 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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This report provides an in-depth analysis of the aluminium market in Spain.
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The global aluminium industry relies heavily on import and export markets to meet the growing demand for this versatile metal. Aluminium is used in various industries, including construction, automotive, packaging, and aerospace, making it one of the most sought-after commodities worldwide. In this article, we will explore the world's best import markets for aluminium, providing key statistics and insights.
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In 2016, approx. X tons of aluminium were imported worldwide- remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X>
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In 2016, approx. X tons of aluminium were imported worldwide- remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +X>
1905
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3013
Despite a drop in exports in 2014, Canada continued to dominate in the global unwrought, not alloyed aluminium trade. Canada exported X thousand tons of unwrought, not alloyed aluminium in 2014, totaling X million USD, X% under the previous
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Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
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Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.
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In value terms, aluminum table, kitchen and other household articles imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to...
