Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden - 2023

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden (CIF) - 2023
  2. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden (FOB) - 2022
  3. Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden
  4. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden (CIF) - 2023

The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,972 per ton in November 2023, growing by 25% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $6,504 per ton in July 2023; however, from August 2023 to November 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Turkey ($5,619 per ton), while the price for Norway totaled $5,007 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden (FOB) - 2022

The average export price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $6,834 per ton in 2022, increasing by 15% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $7,007 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($8,116 per ton) and Estonia ($7,687 per ton), while the average price for exports to Norway ($5,466 per ton) and Poland ($6,167 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 Finland (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden

Imports of aluminium; alloys, bars, rods and profiles, other than hollows into Sweden reached 35K tons in 2022, approximately mirroring the previous year. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $195M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +55.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway55.845.657.262.23.7%
Denmark20.320.729.134.919.8%
Germany9.617.312.522.633.0%
Poland4.33.89.416.656.9%
Finland8.18.711.512.314.9%
Turkey5.89.89.011.626.0%
Italy5.24.26.59.522.2%
Hungary6.34.99.02.6-25.5%
Others14.29.815.822.716.9%
Total13012516019514.5%

Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Sweden in 2022:

  1. Norway (13.2K tons)
  2. Denmark (5.4K tons)
  3. Germany (3.5K tons)
  4. Poland (3.2K tons)
  5. Turkey (2.0K tons)
  6. Finland (1.9K tons)
  7. Italy (1.6K tons)
  8. Hungary (0.6K tons)

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden

In 2022, exports of aluminium; alloys, bars, rods and profiles, other than hollows from Sweden amounted to 22K tons, remaining relatively unchanged against the previous year. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $152M in 2022. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway16.317.126.724.113.9%
Denmark11.710.818.022.223.8%
Germany8.78.012.117.325.8%
Poland6.35.38.517.239.8%
France11.28.413.010.5-2.1%
Finland7.35.87.79.79.9%
Netherlands7.14.47.69.18.6%
Lithuania5.64.66.66.97.2%
Others15.718.029.534.530.0%
Total89.982.413015219.1%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Sweden in 2022:

  1. Norway (4.4K tons)
  2. Denmark (3.5K tons)
  3. Poland (2.8K tons)
  4. Germany (2.3K tons)
  5. Finland (1.4K tons)
  6. France (1.3K tons)
  7. Netherlands (1.2K tons)
  8. Lithuania (1.0K tons)

Source: IndexBox Market Intelligence Platform

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