Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,829 per ton, jumping by 36% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 210% against the previous year. Over the period under review, average import prices attained the maximum at $25,671 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($5,971 per ton), while the price for Germany amounted to $5,761 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+7.4%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $9,288 per ton, with an increase of 59% against the previous year. Overall, the export price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 522%. Over the period under review, the average export prices hit record highs at $36,349 per ton in 2015; however, from 2016 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 Estonia ($17,750 per ton), while the average price for exports to Latvia amounted to $8,991 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were finally on the rise to reach 8.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic shrinkage.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $49K in 2022. Overall, imports, however, continue to indicate a abrupt slump.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.2 | 23.6 | 21.5 | 44.4 | 24.2% |
| Poland | 59.2 | 22.1 | 11.6 | 3.9 | -59.6% |
| Others | 2.5 | 1.3 | 1.0 | 0.6 | -37.9% |
| Total | 84.9 | 47.0 | 34.1 | 48.9 | -16.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Lithuania in 2022:
- Germany (7.7 tons)
- Poland (0.7 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania
For the third year in a row, Lithuania recorded decline in shipments abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms, which decreased by -82.5% to 236 kg in 2022. In general, exports faced a sharp reduction. The smallest decline of -7% was in 2021.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms declined significantly to $2.2K in 2022. Over the period under review, exports faced a dramatic decrease. The smallest decline of -8.4% was in 2021.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 6.8 | 5.8 | 6.9 | 2.0 | -33.5% |
| Estonia | N/A | 0.4 | 0.4 | 0.1 | -50.0% |
| Russia | 25.5 | 2.1 | N/A | N/A | -91.8% |
| Others | N/A | 0.5 | 0.6 | N/A | 20.0% |
| Total | 32.3 | 8.7 | 7.9 | 2.2 | -59.2% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Lithuania in 2022:
- Latvia (228.0 kg)
- Estonia (8.0 kg)
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