Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands (FOB) - 2023
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands (CIF) - 2023
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands (FOB) - 2023
The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $5,122 per ton in October 2023, jumping by 35% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In October 2023, the countries with the highest prices were the United States ($5,694 per ton) and Mexico ($5,535 per ton), while the average price for exports to Turkey ($4,166 per ton) and South Korea ($4,189 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands (CIF) - 2023
In October 2023, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,417 per ton, remaining constant against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices reached the peak figure at $5,186 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,239 per ton), while the price for China amounted to $3,880 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands
In 2022, approx. 65K tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were exported from the Netherlands; increasing by 18% against 2021. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 235%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $254M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.3 | 10.4 | 44.2 | 60.3 | 80.2% |
| France | 2.3 | 1.9 | 24.6 | 32.9 | 142.7% |
| Spain | 0.1 | N/A | 18.1 | 28.3 | 556.5% |
| Sweden | 1.4 | 0.5 | 17.1 | 20.8 | 145.8% |
| Austria | 0.5 | N/A | 10.2 | 14.2 | 205.1% |
| Canada | 6.1 | 4.1 | 7.7 | 12.3 | 26.3% |
| United States | 4.2 | 4.3 | 9.8 | 11.5 | 39.9% |
| Finland | N/A | 0.1 | 2.5 | 11.3 | 963.0% |
| Turkey | 4.8 | 4.5 | 4.9 | 7.7 | 17.1% |
| Estonia | N/A | N/A | 5.9 | 6.7 | 13.6% |
| China | 4.9 | 5.7 | 4.9 | 5.7 | 5.2% |
| Italy | N/A | 1.1 | 1.4 | 3.4 | 75.8% |
| Russia | 3.4 | 3.5 | 2.9 | 0.5 | -47.2% |
| Others | 29.6 | 21.8 | 33.7 | 38.7 | 9.3% |
| Total | 67.5 | 57.9 | 188 | 254 | 55.5% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from the Netherlands in 2022:
- Germany (16.8K tons)
- France (9.6K tons)
- Spain (8.3K tons)
- Sweden (6.2K tons)
- Austria (4.2K tons)
- Finland (3.4K tons)
- Canada (2.1K tons)
- Estonia (2.1K tons)
- United States (1.7K tons)
- Turkey (1.4K tons)
- Italy (1.1K tons)
- China (1.1K tons)
- Russia (0.1K tons)
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands
In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -84.5% to 808 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,367% against the previous year.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms fell markedly to $3.9M in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,101% against the previous year.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 1.2 | 2.7 | 2.1 | 32.3% |
| Japan | N/A | 1.7 | 1.2 | 1.6 | -3.0% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Russia | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Spain | N/A | N/A | 9.2 | N/A | 0% |
| Argentina | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Others | 0.1 | N/A | 5.3 | N/A | 628.0% |
| Total | 0.2 | 3.3 | 18.7 | 3.9 | 169.2% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to the Netherlands in 2022:
- China (473.4 tons)
- Japan (291.3 tons)
- Germany (19.3 tons)
- Russia (19.1 tons)
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