Aluminium Wire Price in Austria - 2023
Contents:
- Aluminium Wire Price in Austria (CIF) - 2023
- Aluminium Wire Price in Austria (FOB) - 2023
- Aluminium Wire Imports in Austria
- Aluminium Wire Exports in Austria
Aluminium Wire Price in Austria (CIF) - 2023
In July 2023, the average aluminium wire import price amounted to $3,490 per ton, with a decrease of -11.9% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 6% m-o-m. Over the period under review, average import prices hit record highs at $4,194 per ton in May 2023; however, from June 2023 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 Germany ($4,021 per ton) and Italy ($3,826 per ton), while the price for the Netherlands ($3,248 per ton) and Hungary ($3,575 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 Indonesia (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Wire Price in Austria (FOB) - 2023
In July 2023, the average aluminium wire export price amounted to $970 per ton, picking up by 1.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 18% against the previous month. The export price peaked at $1,095 per ton in March 2023; however, from April 2023 to July 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In July 2023, the countries with the highest prices were France ($915 per ton) and Germany ($885 per ton), while the average price for exports to the Czech Republic ($723 per ton) and Italy ($745 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Wire Imports in Austria
In 2022, approx. 19K tons of aluminium wires were imported into Austria; which is down by -3.3% on 2021 figures. Over the period under review, imports saw a abrupt downturn.
In value terms, aluminium wire imports fell to $54M in 2022. Overall, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
| Import of Aluminium Wire in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 12.3 | 13.0 | 13.9 | 14.5 | 5.6% |
| France | 6.9 | 5.5 | 7.3 | 9.4 | 10.9% |
| Netherlands | 0.3 | 4.6 | 12.2 | 8.0 | 198.8% |
| Mozambique | 0.1 | N/A | 0.2 | 5.9 | 289.3% |
| Germany | 10.5 | 5.8 | 2.4 | 2.6 | -37.2% |
| Poland | 6.6 | 5.5 | 9.8 | 1.9 | -34.0% |
| Belgium | 1.4 | 0.6 | 0.7 | 1.9 | 10.7% |
| Spain | 9.9 | 6.7 | 3.5 | 1.1 | -51.9% |
| Romania | 5.0 | 3.2 | 4.9 | 0.4 | -56.9% |
| Norway | 5.0 | N/A | N/A | N/A | 0% |
| Others | 5.3 | 4.7 | 4.4 | 8.6 | 17.5% |
| Total | 63.1 | 49.5 | 59.3 | 54.4 | -4.8% |
Top Suppliers of Aluminium Wire to Austria in 2022:
- Hungary (5.5K tons)
- France (3.6K tons)
- Netherlands (3.2K tons)
- Mozambique (2.3K tons)
- Germany (1.0K tons)
- Poland (0.7K tons)
- Belgium (0.6K tons)
- Spain (0.4K tons)
- Romania (0.2K tons)
Aluminium Wire Exports in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium wires, when their volume decreased by -24.7% to 12K tons. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 113%. As a result, the exports attained the peak of 16K tons, and then dropped significantly in the following year.
In value terms, aluminium wire exports shrank remarkably to $13M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 105% against the previous year. As a result, the exports reached the peak of $18M, and then dropped markedly in the following year.
| Export of Aluminium Wire in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.6 | 4.3 | 9.7 | 7.0 | 39.1% |
| Poland | 1.1 | 1.8 | 2.1 | 1.6 | 13.3% |
| Slovenia | 0.1 | 0.3 | 1.5 | 1.0 | 115.4% |
| Italy | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| France | N/A | N/A | 0.7 | 0.6 | -14.3% |
| Czech Republic | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
| Others | 1.1 | 2.1 | 3.1 | 1.9 | 20.0% |
| Total | 5.1 | 8.6 | 17.7 | 13.2 | 37.3% |
Top Export Markets for Aluminium Wire from Austria in 2022:
- Germany (7.6K tons)
- Poland (1.9K tons)
- Slovenia (1.0K tons)
- France (0.7K tons)
- Czech Republic (0.4K tons)
- Italy (0.3K tons)
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