Aluminium Wire Price in the Netherlands - 2023

Contents:

  1. Aluminium Wire Price in the Netherlands (FOB) - 2023
  2. Aluminium Wire Price in the Netherlands (CIF) - 2023
  3. Aluminium Wire Exports in the Netherlands
  4. Aluminium Wire Imports in the Netherlands

Aluminium Wire Price in the Netherlands (FOB) - 2023

In July 2023, the average aluminium wire export price amounted to $3,353 per ton, surging by 23% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 47% month-to-month. Over the period under review, the average export prices attained the peak figure at $3,736 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Belgium ($4,043 per ton) and Turkey ($3,660 per ton), while the average price for exports to Hungary ($2,775 per ton) and the Czech Republic ($2,932 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 Belgium (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Wire Price in the Netherlands (CIF) - 2023

In July 2023, the average aluminium wire import price amounted to $2,985 per ton, with a decrease of -3.4% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 6.4% month-to-month. The import price peaked at $3,287 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Norway ($3,485 per ton) and Belgium ($3,203 per ton), while the price for Iceland ($2,747 per ton) and Russia ($2,754 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 Norway (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Wire Exports in the Netherlands

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium wires, when their volume decreased by -8% to 104K tons. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 265% against the previous year.

In value terms, aluminium wire exports declined dramatically to $287M in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 159% against the previous year.

Export of Aluminium Wire in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.553.482.462.381.0%
France6.931.153.941.782.1%
Spain0.416.426.324.8295.8%
Sweden3.622.727.523.286.1%
Czech Republic0.98.717.714.9154.9%
Turkey7.29.214.814.125.1%
Poland1.31.418.410.5100.6%
Austria0.67.912.79.9154.6%
Canada6.14.17.79.013.8%
Hungary1.49.112.18.783.9%
FinlandN/A0.82.67.9214.2%
Belgium2.39.710.97.044.9%
EstoniaN/A3.16.84.925.7%
Others44.645.157.047.72.3%
Total85.922335128749.5%

Top Export Markets for Aluminium Wire from the Netherlands in 2022:

  1. Germany (23.9K tons)
  2. France (16.2K tons)
  3. Spain (9.8K tons)
  4. Sweden (9.1K tons)
  5. Czech Republic (5.7K tons)
  6. Turkey (4.7K tons)
  7. Poland (4.4K tons)
  8. Austria (3.9K tons)
  9. Hungary (3.5K tons)
  10. Finland (3.1K tons)
  11. Belgium (2.6K tons)
  12. Canada (2.1K tons)
  13. Estonia (2.1K tons)

Aluminium Wire Imports in the Netherlands

After three years of growth, overseas purchases of aluminium wires decreased by -4.8% to 117K tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,306%.

In value terms, aluminium wire imports fell dramatically to $281M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,021% against the previous year.

Import of Aluminium Wire in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IcelandN/A12719917417.1%
Norway2.042.342.336.9164.2%
RussiaN/A12.719.713.84.2%
BahrainN/AN/AN/A12.10%
MozambiqueN/A11.722.610.2-6.6%
Belgium7.06.78.87.10.5%
Others10.721.646.626.234.8%
Total19.8222339281142.1%

Top Suppliers of Aluminium Wire to the Netherlands in 2022:

  1. Iceland (74.5K tons)
  2. Norway (15.5K tons)
  3. Russia (6.0K tons)
  4. Bahrain (4.6K tons)
  5. Mozambique (4.1K tons)
  6. Belgium (2.8K tons)

Source: IndexBox Market Intelligence Platform

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