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

Contents:

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

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

The average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $4,951 per ton in October 2023, approximately reflecting the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 23% m-o-m. Over the period under review, average import prices hit record highs at $5,625 per ton in February 2023; however, from March 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($8,004 per ton), while the price for Germany ($3,051 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 Slovakia (+5.1%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,659 per ton, falling by -21.9% against the previous year. Over the period under review, the export price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 71%. The export price peaked at $7,248 per ton in 2021, and then fell rapidly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($7,866 per ton) and Hungary ($6,147 per ton), while the average price for exports to Slovakia ($5,389 per ton) and Poland ($5,574 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+16.0%), 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 the Czech Republic

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms imported into the Czech Republic surged to 1.3K tons, rising by 18% on 2021 figures. Overall, imports, however, continue to indicate a abrupt contraction.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms surged to $7M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Poland (417.8 tons)
2. Hungary (326.3 tons)
3. France (177.0 tons)
4. Slovakia (100.1 tons)
5. Germany (76.9 tons)
6. Spain (64.1 tons)
7. Netherlands (63.7 tons)
8. Italy (39.0 tons)

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

In 2022, overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were finally on the rise to reach 181 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic descent.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms totaled $1M in 2022. Overall, exports, however, recorded a perceptible reduction.

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

1. Slovakia (92.5 tons)
2. Poland (69.0 tons)
3. South Korea (12.2 tons)
4. Germany (4.0 tons)
5. Hungary (2.8 tons)

Source: IndexBox Market Intelligence Platform