Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece - 2023

Contents:

1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece (CIF) - 2022
2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece (FOB) - 2022
3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece
4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,674 per ton, surging by 24% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +75.2% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 41% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Bahrain ($6,129 per ton) and the Netherlands ($6,005 per ton), while the price for Poland ($4,718 per ton) and Spain ($5,508 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $18,321 per ton, waning by -24.6% against the previous year. Over the period under review, the export price, however, continues to indicate significant growth. Over the period under review, the average export prices reached the peak figure at $63,750 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($26,000 per ton), while the average price for exports to the Netherlands amounted to $5,650 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+484.9%).

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Greece expanded remarkably to 637 tons, rising by 14% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $3.6M in 2022. Overall, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Greece in 2022:

1. United Kingdom (240.0 tons)
2. Spain (226.5 tons)
3. Netherlands (127.7 tons)
4. Italy (29.8 tons)
5. Poland (4.4 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Greece

In 2022, approx. 53 kg of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were exported from Greece; with an increase of 26% compared with 2021. The total export volume increased at an average annual rate of +26.2% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached 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 declined to $971 in 2022. Over the period under review, exports, however, recorded a noticeable contraction.

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Greece in 2022:

1. Egypt (33.0 kg)
2. Netherlands (20.0 kg)

Source: IndexBox Market Intelligence Platform