Aluminium Wire Price in Poland - 2023
Contents:
- Aluminium Wire Price in Poland (CIF) - 2023
- Aluminium Wire Price in Poland (FOB) - 2022
- Aluminium Wire Imports in Poland
- Aluminium Wire Exports in Poland
Aluminium Wire Price in Poland (CIF) - 2023
The average aluminium wire import price stood at $3,175 per ton in July 2023, with an increase of 2.4% against the previous month. Over the period under review, the import price, however, saw a slight descent. The pace of growth was the most pronounced in April 2023 an increase of 8.4% m-o-m. The import price peaked at $3,731 per ton in August 2022; however, from September 2022 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($4,652 per ton), while the price for Russia ($2,712 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.
Aluminium Wire Price in Poland (FOB) - 2022
The average aluminium wire export price stood at $2,726 per ton in 2022, dropping by -12.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 37%. As a result, the export price reached the peak level of $3,099 per ton, and then dropped in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($3,132 per ton) and Slovakia ($2,817 per ton), while the average price for exports to Austria ($2,497 per ton) and Romania ($2,574 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Wire Imports in Poland
In 2022, purchases abroad of aluminium wires was finally on the rise to reach 35K tons after two years of decline. Overall, imports, however, continue to indicate a deep reduction.
In value terms, aluminium wire imports contracted to $90M in 2022. Over the period under review, imports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $101M, and then contracted in the following year.
| Import of Aluminium Wire in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 26.8 | 17.3 | 29.8 | 30.5 | 4.4% |
| Romania | 26.6 | 22.2 | 27.7 | 14.1 | -19.1% |
| Egypt | 16.9 | 11.7 | 3.0 | 9.7 | -16.9% |
| Mozambique | 4.3 | 0.3 | 3.1 | 7.7 | 21.4% |
| Netherlands | 0.7 | 0.8 | 16.9 | 6.9 | 114.4% |
| Germany | 2.5 | 7.3 | 3.4 | 4.9 | 25.1% |
| Bahrain | N/A | N/A | N/A | 3.3 | 0% |
| Norway | 9.6 | 9.0 | 0.1 | N/A | -89.8% |
| Others | 11.6 | 10.3 | 16.6 | 12.6 | 2.8% |
| Total | 99.0 | 78.9 | 101 | 89.7 | -3.2% |
Top Suppliers of Aluminium Wire to Poland in 2022:
- Norway (undefinedK tons)
- Russia (13.6K tons)
- Romania (5.4K tons)
- Egypt (3.7K tons)
- Mozambique (3.0K tons)
- Netherlands (2.6K tons)
- Germany (1.7K tons)
- Bahrain (1.4K tons)
Aluminium Wire Exports in Poland
In 2022, after three years of growth, there was significant decline in shipments abroad of aluminium wires, when their volume decreased by -7.5% to 27K tons. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 22%.
In value terms, aluminium wire exports declined sharply to $74M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. As a result, the exports reached the peak of $91M, and then shrank sharply in the following year.
| Export of Aluminium Wire in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 12.9 | 17.1 | 20.8 | 22.1 | 19.7% |
| Germany | 6.3 | 8.4 | 23.9 | 14.6 | 32.3% |
| Romania | 0.9 | 2.7 | 8.6 | 8.7 | 113.0% |
| Italy | 6.2 | 6.2 | 9.3 | 5.2 | -5.7% |
| Sweden | 2.6 | 0.6 | 3.6 | 4.4 | 19.2% |
| Austria | 5.6 | 5.9 | 9.6 | 4.2 | -9.1% |
| Slovakia | 0.5 | 2.2 | 1.8 | 4.1 | 101.7% |
| Canada | 4.9 | 2.8 | N/A | N/A | -42.9% |
| Others | 10.2 | 11.4 | 13.8 | 11.1 | 2.9% |
| Total | 50.2 | 57.2 | 91.4 | 74.3 | 14.0% |
Top Export Markets for Aluminium Wire from Poland in 2022:
- Czech Republic (8.2K tons)
- Germany (5.4K tons)
- Romania (3.4K tons)
- Italy (1.7K tons)
- Austria (1.7K tons)
- Sweden (1.6K tons)
- Slovakia (1.5K tons)
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January 2023 saw an increase of 3.8% in the price of aluminum alloy wire to $4,635 per ton (FOB, Poland).
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January 2023 saw an increase of 3.8% in the price of aluminum alloy wire to $4,635 per ton (FOB, Poland).
