Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy (CIF) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy (CIF) - 2023
The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $3,946 per ton in October 2023, jumping by 17% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $4,632 per ton in January 2023; however, from February 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($4,533 per ton), while the price for Malaysia ($2,947 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+0.6%), 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 Italy (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,093 per ton, picking up by 12% against the previous year. In general, the export price, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 59% against the previous year. The export price peaked at $5,113 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,114 per ton), while the average price for exports to Poland stood at $2,478 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy
In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into Italy shrank significantly to 14K tons, which is down by -21.6% on the previous year's figure. In general, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of 18K tons, and then dropped markedly in the following year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms skyrocketed to $64M in 2022. Over the period under review, imports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 57%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.2 | 5.0 | 9.7 | 17.0 | 40.0% |
| Vietnam | 7.6 | 9.8 | 6.1 | 13.8 | 22.0% |
| United States | 8.3 | 3.3 | 5.2 | 8.0 | -1.2% |
| Spain | 4.8 | 4.2 | 4.8 | 6.7 | 11.8% |
| Belgium | 5.1 | 2.7 | 2.1 | 6.6 | 9.0% |
| Poland | 0.6 | 0.5 | 5.6 | 3.4 | 78.3% |
| Canada | 0.9 | 2.1 | 11.2 | 3.2 | 52.6% |
| Others | 5.7 | 4.4 | 5.5 | 5.5 | -1.2% |
| Total | 39.2 | 32.1 | 50.2 | 64.2 | 17.9% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Italy in 2022:
- France (3.9K tons)
- Vietnam (3.0K tons)
- United States (1.6K tons)
- Belgium (1.4K tons)
- Spain (1.3K tons)
- Canada (0.7K tons)
- Poland (0.7K tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy
Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Italy soared to 1.3K tons in 2022, growing by 67% against 2021. In general, exports posted prominent growth. 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 surged to $5.3M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1,725 | 1,210 | 2,548 | 5,022 | 42.8% |
| Poland | 62.4 | 41.0 | 67.5 | 68.4 | 3.1% |
| Czech Republic | 344 | 66.7 | 31.3 | 32.6 | -54.4% |
| Belgium | 29.9 | 32.8 | 29.8 | 27.2 | -3.1% |
| Spain | 122 | 71.3 | 8.9 | 4.5 | -66.7% |
| Others | 149 | 91.2 | 156 | 177 | 5.9% |
| Total | 2,431 | 1,513 | 2,841 | 5,332 | 29.9% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Italy in 2022:
- France (1220.9 tons)
- Poland (27.6 tons)
- Belgium (10.7 tons)
- Czech Republic (6.6 tons)
- Spain (1.3 tons)
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