Aluminium Wire Price in Italy - 2023

Aluminium Wire Price in Italy (CIF) - 2022

The average aluminium wire import price stood at $2,725 per ton in 2022, shrinking by -8.4% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $3,367 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,791 per ton), while the price for Spain ($1,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Aluminium Wire Price in Italy (FOB) - 2022

In 2022, the average aluminium wire export price amounted to $4,451 per ton, declining by -7.6% against the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 19%. Over the period under review, the average export prices attained the peak figure at $5,468 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($7,116 per ton), while the average price for exports to Slovakia ($2,363 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 Austria (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Wire Imports in Italy

In 2022, supplies from abroad of aluminium wires decreased by -10.1% to 67K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 75K tons, and then contracted in the following year.

In value terms, aluminium wire imports declined rapidly to $184M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.2% 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 +27.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $223M, and then dropped dramatically in the following year.

Import of Aluminium Wire in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	33.5	29.2	56.2	45.5	10.7%
Mozambique	22.8	22.8	36.7	29.6	9.1%
Spain	13.4	12.4	19.0	15.4	4.7%
Russia	3.8	9.3	16.3	13.2	51.4%
Germany	8.9	8.6	12.7	10.2	4.6%
Canada	0.9	2.1	11.2	9.0	115.4%
Romania	6.9	7.4	9.5	7.7	3.7%
Egypt	6.3	9.3	9.2	7.4	5.5%
Vietnam	7.6	9.9	6.1	6.2	-6.6%
Poland	0.9	1.2	6.7	5.4	81.7%
United States	9.1	4.2	6.3	5.2	-17.0%
Netherlands	6.2	8.0	5.0	5.1	-6.3%
Hungary	2.4	1.4	5.5	4.4	22.4%
Others	26.3	18.4	23.3	19.5	-9.5%
Total	149	144	223	184	7.3%

Top Suppliers of Aluminium Wire to Italy in 2022:

France (16.6K tons)
Mozambique (12.1K tons)
Spain (8.2K tons)
Russia (5.4K tons)
Egypt (3.2K tons)
Romania (3.0K tons)
Canada (2.7K tons)
Netherlands (2.3K tons)
Vietnam (2.3K tons)
Poland (1.7K tons)
United States (1.7K tons)
Hungary (1.6K tons)
Germany (1.5K tons)

Aluminium Wire Exports in Italy

After three years of growth, overseas shipments of aluminium wires decreased by -3.6% to 16K tons in 2022. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. As a result, the exports attained the peak of 17K tons, and then contracted in the following year.

In value terms, aluminium wire exports shrank to $72M in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of $81M, and then reduced in the following year.

Export of Aluminium Wire in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	14.3	11.2	14.2	12.2	-5.2%
China	11.6	13.4	10.0	9.8	-5.5%
Croatia	7.6	9.3	10.8	9.3	7.0%
Romania	0.3	0.4	5.9	5.1	157.1%
Spain	1.9	3.0	5.8	5.0	38.1%
France	2.9	2.7	4.2	3.6	7.5%
Turkey	1.5	1.4	3.5	3.0	26.0%
Australia	2.8	2.7	3.1	2.7	-1.2%
Austria	1.2	0.8	2.5	2.1	20.5%
Poland	1.8	1.8	2.2	1.9	1.8%
Netherlands	1.5	1.4	2.0	1.7	4.3%
Sweden	2.4	1.7	1.9	1.6	-12.6%
Slovakia	0.5	1.7	0.5	0.8	17.0%
Others	11.5	11.9	14.6	13.3	5.0%
Total	61.9	63.5	81.1	72.3	5.3%