Chlorides; of Aluminium Price in Serbia - 2023

Contents:

  1. Chlorides; of Aluminium Price in Serbia (CIF) - 2022
  2. Chlorides; of Aluminium Price in Serbia (FOB) - 2022
  3. Chlorides; of Aluminium Imports in Serbia
  4. Chlorides; of Aluminium Exports in Serbia

Chlorides; of Aluminium Price in Serbia (CIF) - 2022

The average chlorides; of aluminium import price stood at $699 per ton in 2022, remaining constant against the previous year. Overall, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 100% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($904 per ton), while the price for Austria ($260 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in Serbia (FOB) - 2022

The average chlorides; of aluminium export price stood at $1,762 per ton in 2022, rising by 245% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. Over the period under review, the average export prices reached the peak figure at $5,100 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,129 per ton), while the average price for exports to Montenegro stood at $1,154 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+25.3%), while the prices for the other major destinations experienced a decline.

Chlorides; of Aluminium Imports in Serbia

Chlorides; of aluminium imports into Serbia reduced to 385 tons in 2022, falling by -13.2% on the previous year. Over the period under review, imports recorded a abrupt downturn. The smallest decline of -3.2% was in 2021.

In value terms, chlorides; of aluminium imports shrank to $269K in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 2.9%.

Import of Chlorides; of Aluminium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14214466.7112-7.6%
Croatia10472.455.273.9-10.8%
Germany44.749.743.532.0-10.5%
Hungary5.48.82.529.175.3%
Austria1.20.20.76.878.3%
IndiaN/AN/A104N/A0%
Turkey10.7N/A12.5N/A8.1%
Others38.524.622.715.4-26.3%
Total346300308269-8.0%

Top Suppliers of Chlorides; of Aluminium to Serbia in 2022:

  1. Croatia (142.8 tons)
  2. Italy (124.1 tons)
  3. Germany (44.5 tons)
  4. Hungary (38.8 tons)
  5. Austria (26.1 tons)

Chlorides; of Aluminium Exports in Serbia

In 2022, the amount of chlorides; of aluminia exported from Serbia declined notably to 3.2 tons, with a decrease of -97.7% on the year before. Over the period under review, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 135%. As a result, the exports attained the peak of 143 tons, and then reduced rapidly in the following year.

In value terms, chlorides; of aluminium exports contracted markedly to $5.7K in 2022. In general, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 148% against the previous year. As a result, the exports reached the peak of $73K, and then reduced sharply in the following year.

Export of Chlorides; of Aluminium in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina10.15.60.24.3-24.8%
Montenegro2.3N/A1.01.4-15.3%
North Macedonia10.615.871.7N/A160.1%
RomaniaN/A7.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total22.929.472.95.7-37.1%

Top Export Markets for Chlorides; of Aluminium from Serbia in 2022:

  1. Bosnia and Herzegovina (2.0 tons)
  2. Montenegro (1.2 tons)

Source: IndexBox Market Intelligence Platform

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