Aluminium Wire Price in France - 2023
Contents:
- Aluminium Wire Price in France (FOB) - 2023
- Aluminium Wire Price in France (CIF) - 2022
- Aluminium Wire Exports in France
- Aluminium Wire Imports in France
Aluminium Wire Price in France (FOB) - 2023
In July 2023, the average aluminium wire export price amounted to $4,196 per ton, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 an increase of 13% m-o-m. Over the period under review, the average export prices attained the maximum at $4,237 per ton in June 2023, and then fell slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($8,525 per ton), while the average price for exports to Romania ($3,482 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Wire Price in France (CIF) - 2022
In 2022, the average aluminium wire import price amounted to $3,141 per ton, dropping by -9.1% against the previous year. Over the period under review, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. The import price peaked at $3,587 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,931 per ton), while the price for the UK ($2,362 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Wire Exports in France
Aluminium wire exports from France shrank to 52K tons in 2022, dropping by -8.4% compared with the year before. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 57K tons, and then contracted in the following year.
In value terms, aluminium wire exports dropped sharply to $156M in 2022. In general, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.6% 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 +27.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $190M, and then reduced markedly in the following year.
| Export of Aluminium Wire in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 42.6 | 32.7 | 59.8 | 48.5 | 4.4% |
| Germany | 41.5 | 39.4 | 51.5 | 41.8 | 0.2% |
| Spain | 20.7 | 23.1 | 34.7 | 28.2 | 10.9% |
| Austria | 7.0 | 6.1 | 9.7 | 7.9 | 4.1% |
| Belgium | 4.3 | 1.4 | 8.3 | 6.7 | 15.9% |
| Netherlands | 1.0 | 1.2 | 3.9 | 3.1 | 45.8% |
| Cote d'Ivoire | 3.4 | 4.1 | 3.0 | 2.8 | -6.3% |
| Others | 15.9 | 14.3 | 19.1 | 17.0 | 2.3% |
| Total | 136 | 122 | 190 | 156 | 4.7% |
Top Export Markets for Aluminium Wire from France in 2022:
- Italy (17.8K tons)
- Germany (12.4K tons)
- Spain (10.4K tons)
- Austria (2.6K tons)
- Belgium (2.6K tons)
- Cote d'Ivoire (1.3K tons)
- Netherlands (0.9K tons)
Aluminium Wire Imports in France
In 2022, the amount of aluminium wires imported into France fell to 25K tons, declining by -10.1% against the previous year. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, aluminium wire imports contracted notably to $79M in 2022. Overall, imports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by 58% against the previous year. As a result, imports reached the peak of $97M, and then dropped rapidly in the following year.
| Import of Aluminium Wire in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 31.8 | 17.9 | 29.3 | 22.6 | -10.8% |
| Spain | 7.9 | 7.2 | 19.9 | 15.3 | 24.6% |
| United Kingdom | 20.5 | 12.2 | 9.7 | 10.7 | -19.5% |
| Netherlands | 1.5 | 4.6 | 8.3 | 6.4 | 62.2% |
| Germany | 7.1 | 4.5 | 5.4 | 4.3 | -15.4% |
| Mozambique | 5.5 | 4.2 | 5.3 | 4.1 | -9.3% |
| Russia | 1.9 | 2.5 | 4.5 | 3.5 | 22.6% |
| Turkey | 2.6 | 1.2 | 3.0 | 2.3 | -4.0% |
| Iceland | 3.9 | N/A | N/A | N/A | 0% |
| Others | 8.9 | 7.2 | 11.6 | 10.1 | 4.3% |
| Total | 91.6 | 61.5 | 97.0 | 79.2 | -4.7% |
Top Suppliers of Aluminium Wire to France in 2022:
- Italy (7.8K tons)
- United Kingdom (4.5K tons)
- Spain (3.7K tons)
- Netherlands (2.1K tons)
- Mozambique (1.7K tons)
- Russia (1.4K tons)
- Germany (0.9K tons)
- Turkey (0.8K tons)
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