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

Contents:

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

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in the Netherlands (FOB) - 2023

In November 2023, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $5,625 per ton, picking up by 2% against the previous month. Over the period under review, the export price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in October 2023 when the average export price increased by 6.2% against the previous month. The export price peaked at $8,062 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($22,703 per ton), while the average price for exports to Turkey ($5,595 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,673 per ton in November 2023, surging by 3.4% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 17% m-o-m. Over the period under review, average import prices attained the peak figure at $5,780 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Japan ($9,549 per ton), while the price for India ($3,087 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 77K tons of aluminium; alloys, bars, rods and profiles, other than hollows were exported from the Netherlands; approximately equating 2021 figures. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 77K tons, leveling off in the following year.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows skyrocketed to $578M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +55.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17416821028317.6%
Belgium57.054.473.377.210.6%
France26.925.432.635.910.1%
United Kingdom22.517.018.730.310.4%
Austria16.515.025.730.322.5%
Czech Republic12.816.418.022.320.3%
Poland11.611.818.418.416.6%
Others69.564.491.780.65.1%
Total39037248957814.0%

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

  1. Germany (41.5K tons)
  2. Belgium (10.7K tons)
  3. France (4.5K tons)
  4. United Kingdom (4.0K tons)
  5. Czech Republic (2.6K tons)
  6. Austria (2.5K tons)
  7. Poland (2.3K tons)

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

In 2022, approx. 104K tons of aluminium; alloys, bars, rods and profiles, other than hollows were imported into the Netherlands; surging by 4.9% on 2021. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +54.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows soared to $567M in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 50% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium44.255.090.811939.1%
Germany62.866.910810719.4%
Turkey18.128.256.975.561.0%
Greece18.119.225.538.728.8%
United Arab EmiratesN/A10.018.537.192.6%
United Kingdom16.514.520.236.430.2%
Italy18.417.625.126.212.5%
Spain11.610.927.825.630.2%
Poland13.712.414.316.15.5%
Portugal6.19.012.015.035.0%
France4.74.08.110.731.6%
China22.830.112.210.4-23.0%
Austria8.26.810.99.44.7%
Others31.033.745.840.29.0%
Total27631847656727.1%

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

  1. Germany (20.7K tons)
  2. Belgium (19.3K tons)
  3. Turkey (13.9K tons)
  4. United Arab Emirates (8.3K tons)
  5. Greece (7.0K tons)
  6. United Kingdom (6.4K tons)
  7. Italy (4.3K tons)
  8. Spain (4.0K tons)
  9. Poland (3.6K tons)
  10. Portugal (3.5K tons)
  11. France (2.4K tons)
  12. China (1.9K tons)
  13. Austria (1.6K tons)

Source: IndexBox Market Intelligence Platform

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