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

Contents:

1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Sweden (CIF) - 2023
2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Sweden (FOB) - 2022
3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Sweden
4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Sweden

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Sweden (CIF) - 2023

In September 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3,150 per ton, reducing by -2% against the previous month. Over the period under review, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in November 2022 an increase of 692% month-to-month. Over the period under review, average import prices hit record highs at $5,370 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($4,371 per ton), while the price for Germany amounted to $2,637 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+1.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $13,538 per ton, shrinking by -5% against the previous year. In general, the export price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 41% against the previous year. The export price peaked at $14,250 per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +42.6% per year.

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

In 2022, approx. 643 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Sweden; surging by 6.3% on 2021 figures. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms surged to $3.3M in 2022. In general, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

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

1. Belgium (192.4 tons)
2. Spain (161.9 tons)
3. Netherlands (160.1 tons)
4. Germany (80.3 tons)
5. Estonia (45.2 tons)

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

Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Sweden surged to 717 kg in 2022, rising by 17,825% against the previous year. Over the period under review, exports continue to indicate a significant expansion. 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 surged to $9.7K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Norway (712.0 kg)

Source: IndexBox Market Intelligence Platform