Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium (FOB) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium (CIF) - 2022
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium (FOB) - 2023
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,728 per ton in September 2023, falling by -5.3% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 9.6% month-to-month. The export price peaked at $4,631 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In September 2023, the country with the highest price was Italy ($4,397 per ton), while the average price for exports to Germany stood at $3,398 per ton.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $6,368 per ton, rising by 81% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Netherlands ($6,806 per ton), while the price for France amounted to $3,123 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%).
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium
In 2022, overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were finally on the rise to reach 5.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $25M in 2022. In general, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.3 | 8.9 | 5.1 | 12.3 | 9.8% |
| Italy | 5.2 | 2.7 | 2.1 | 6.7 | 8.8% |
| India | N/A | N/A | 1.2 | 2.6 | 116.7% |
| Austria | 1.1 | 0.6 | 0.7 | 2.1 | 24.1% |
| Sweden | 0.4 | 0.3 | 0.7 | 0.9 | 31.0% |
| Others | 0.2 | 0.8 | 0.2 | 0.1 | -20.6% |
| Total | 16.3 | 13.4 | 10.1 | 24.7 | 14.9% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Belgium in 2022:
- Germany (3162.9 tons)
- Italy (1410.5 tons)
- India (552.2 tons)
- Austria (488.9 tons)
- Sweden (196.7 tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium
After three years of growth, purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -68% to 133 tons in 2022. Overall, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 209%. As a result, imports reached the peak of 415 tons, and then dropped remarkably in the following year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms contracted dramatically to $847K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 198% against the previous year. As a result, imports reached the peak of $1.5M, and then shrank sharply in the following year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 304 | 284 | 310 | 718 | 33.2% |
| France | 13.8 | 128 | 1,138 | 81.7 | 80.9% |
| United Kingdom | 63.7 | 68.1 | 0.1 | 2.7 | -65.1% |
| Others | 29.5 | 9.2 | 11.5 | 44.1 | 14.3% |
| Total | 411 | 490 | 1,459 | 847 | 27.3% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Belgium in 2022:
- Netherlands (105.6 tons)
- France (26.2 tons)
- United Kingdom (0.2 tons)
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