Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3,976 per ton, with a decrease of -49.9% against the previous year. Overall, the import price, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 249% against the previous year. The import price peaked at $7,929 per ton in 2021, and then shrank significantly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +68.1% per year.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark (FOB) - 2022
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,901 per ton in 2022, picking up by 23% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 234%. As a result, the export price reached the peak level of $23,799 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,398 per ton), while the average price for exports to the United States amounted to $3,883 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%).
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark
In 2022, approx. 96 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Denmark; with an increase of 291% on 2021. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $384K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 265%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 45.5 | 53.6 | 195 | 384 | 103.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 45.5 | 53.6 | 195 | 384 | 103.6% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Denmark in 2022:
- Germany (96.5 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark
In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms, when their volume decreased by -40.1% to 19 tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,051%. As a result, the exports reached the peak of 31 tons, and then fell markedly in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms declined remarkably to $73K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 805%. As a result, the exports attained the peak of $99K, and then contracted markedly in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 9.9 | 98.5 | 70.5 | 166.9% |
| Germany | 8.0 | 1.0 | 0.7 | 2.9 | -28.7% |
| Others | 28.7 | N/A | N/A | N/A | 0% |
| Total | 36.7 | 11.0 | 99.2 | 73.4 | 26.0% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Denmark in 2022:
- United States (18.1 tons)
- Germany (0.7 tons)
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