Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $6,440 per ton, increasing by 14% against the previous year. Over the period under review, the import price posted a tangible expansion. The growth pace was the most rapid in 2020 when the average import price increased by 55%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Turkey ($7,688 per ton) and Spain ($7,234 per ton), while the price for Poland ($5,156 per ton) and Italy ($5,457 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.8%), 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 Serbia (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $6,989 per ton, increasing by 76% against the previous year. Over the period under review, the export price posted slight growth. Over the period under review, the average export prices reached the peak figure at $8,303 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($7,346 per ton), while the average price for exports to Bosnia and Herzegovina ($5,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+15.6%), 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 Serbia
For the third year in a row, Serbia recorded decline in purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms, which decreased by -8.7% to 103 tons in 2022. In general, imports faced a sharp slump. The smallest decline of -8.5% was in 2021.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $661K in 2022. Overall, imports continue to indicate a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.6 | 203 | 333 | 345 | 132.1% |
| Slovenia | 56.7 | 67.3 | 180 | 195 | 50.9% |
| Turkey | 205 | 1.2 | N/A | 36.7 | -43.6% |
| Spain | N/A | 48.8 | 46.3 | 33.7 | -16.9% |
| Poland | 119 | 58.1 | N/A | 24.0 | -41.4% |
| Italy | 45.6 | 12.9 | N/A | 16.2 | -29.2% |
| Germany | 21.5 | 26.0 | 40.6 | 8.6 | -26.3% |
| Hungary | 56.2 | N/A | 1.4 | 0.4 | -80.8% |
| Russia | 13.9 | 19.0 | N/A | N/A | 36.7% |
| United Kingdom | 128 | N/A | N/A | N/A | 0% |
| Netherlands | 21.6 | 68.4 | 36.0 | N/A | 29.1% |
| Others | 6.0 | 2.8 | 0.2 | 1.2 | -41.5% |
| Total | 702 | 507 | 637 | 661 | -2.0% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Serbia in 2022:
- China (53.3 tons)
- Slovenia (30.7 tons)
- Turkey (4.8 tons)
- Poland (4.7 tons)
- Spain (4.7 tons)
- Italy (3.0 tons)
- Germany (1.4 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia
In 2022, overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -21.7% to 8 tons, falling for the second consecutive year after two years of growth. In general, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, the exports reached the peak of 27 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $56K in 2022. Over the period under review, exports saw a noticeable curtailment.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 5.4 | 0.8 | 0.9 | 28.0 | 73.1% |
| North Macedonia | 6.8 | 5.6 | 9.0 | 19.9 | 43.0% |
| Bosnia and Herzegovina | 26.7 | 31.0 | 30.7 | 7.5 | -34.5% |
| Croatia | 24.2 | N/A | N/A | N/A | 0% |
| Poland | N/A | 47.0 | N/A | N/A | 0% |
| Albania | 1.8 | 2.0 | N/A | N/A | 11.1% |
| Others | N/A | N/A | N/A | 0.5 | 0% |
| Total | 64.9 | 86.4 | 40.6 | 55.9 | -4.9% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Serbia in 2022:
- Montenegro (3.9 tons)
- North Macedonia (2.7 tons)
- Bosnia and Herzegovina (1.3 tons)
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