Belgium - Non-Alloy Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Alloy Aluminium Bar Price in Belgium - 2023
Contents:
- Non-Alloy Aluminium Bar Price in Belgium (FOB) - 2023
- Non-Alloy Aluminium Bar Price in Belgium (CIF) - 2022
- Non-Alloy Aluminium Bar Exports in Belgium
- Non-Alloy Aluminium Bar Imports in Belgium
Non-Alloy Aluminium Bar Price in Belgium (FOB) - 2023
The average non-alloy aluminium bar export price stood at $6,093 per ton in July 2023, surging by 26% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 39% month-to-month. As a result, the export price reached the peak level of $6,318 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($13,536 per ton), while the average price for exports to New Zealand ($1,561 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 Germany (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Alloy Aluminium Bar Price in Belgium (CIF) - 2022
The average non-alloy aluminium bar import price stood at $1,984 per ton in 2022, declining by -34.7% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 37%. The import price peaked at $4,849 per ton in 2013; however, from 2014 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 the UK ($17,811 per ton), while the price for Poland ($724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Aluminium Bar Exports in Belgium
Non-alloy aluminium bar exports from Belgium surged to 5.2K tons in 2022, increasing by 46% against 2021 figures. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.2% 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 +65.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-alloy aluminium bar exports soared to $29M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.0% 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 +90.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Alloy Aluminium Bar in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.7 | 12.3 | 8.3 | 11.1 | 18.3% |
| France | 2.0 | 1.1 | 6.4 | 4.4 | 30.1% |
| Germany | 2.4 | 2.8 | 3.1 | 3.9 | 17.6% |
| Estonia | N/A | 0.8 | 0.3 | 3.1 | 96.9% |
| Romania | 0.1 | 0.1 | 0.2 | 1.9 | 166.8% |
| Switzerland | 0.6 | 0.9 | 0.5 | 1.0 | 18.6% |
| Togo | N/A | N/A | N/A | 0.3 | 0% |
| United Kingdom | 1.4 | 0.2 | 0.2 | 0.1 | -58.5% |
| Others | 1.9 | 2.1 | 1.6 | 3.1 | 17.7% |
| Total | 15.2 | 20.2 | 20.5 | 29.0 | 24.0% |
Top Export Markets for Non-Alloy Aluminium Bar from Belgium in 2022:
- Netherlands (2537.8 tons)
- France (774.5 tons)
- Estonia (768.1 tons)
- Germany (424.3 tons)
- Switzerland (219.7 tons)
- Romania (156.2 tons)
- Togo (104.7 tons)
- United Kingdom (14.3 tons)
Non-Alloy Aluminium Bar Imports in Belgium
For the fourth year in a row, Belgium recorded growth in supplies from abroad of non-alloy aluminium bars, rods and profiles, which increased by 96% to 13K tons in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, non-alloy aluminium bar imports surged to $26M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Non-Alloy Aluminium Bar in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 3.0 | 5.8 | 9.1 | 82.4% |
| Spain | 2.0 | 2.8 | 2.6 | 5.0 | 35.7% |
| Netherlands | 3.6 | 3.9 | 3.6 | 4.5 | 7.7% |
| Poland | 0.6 | 1.4 | 2.4 | 3.7 | 83.4% |
| France | 0.6 | 1.0 | 0.9 | 1.2 | 26.0% |
| Others | 3.1 | 3.5 | 5.2 | 2.8 | -3.3% |
| Total | 11.4 | 15.5 | 20.5 | 26.2 | 32.0% |
Top Suppliers of Non-Alloy Aluminium Bar to Belgium in 2022:
- Poland (5.1K tons)
- Germany (3.9K tons)
- Spain (2.6K tons)
- Netherlands (0.8K tons)
- France (0.3K tons)
This report provides an in-depth analysis of the non-alloy aluminium bar market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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