Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium - 2023

Contents:

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

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,812 per ton, surging by 4.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $6,373 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,090 per ton), while the price for Hungary ($3,784 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium (FOB) - 2022

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses stood at $4,965 per ton in 2022, with an increase of 3.2% against the previous year. Over the period under review, the export price, however, saw a slight slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 31% against the previous year. The export price peaked at $5,607 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Finland ($5,328 per ton) and France ($5,046 per ton), while the average price for exports to South Africa ($4,871 per ton) and Italy ($4,890 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 Austria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium

In 2022, purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses decreased by -22.6% to 553 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 38%.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses shrank significantly to $3.2M in 2022. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 63%. As a result, imports reached the peak of $4M, and then declined rapidly in the following year.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5186031,19689019.8%
Hungary6286911,0417224.8%
Netherlands28121734538310.9%
Czech Republic371341328354-1.6%
China7.5153558310245.8%
India0.169.92622971337.4%
France31.923.153.811854.7%
Others10433418014010.4%
Total1,9422,4333,9643,21518.3%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Belgium in 2022:

  1. Hungary (191.0 tons)
  2. Germany (73.6 tons)
  3. Netherlands (69.0 tons)
  4. India (68.8 tons)
  5. Czech Republic (53.5 tons)
  6. China (53.1 tons)
  7. France (25.7 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium

In 2022, after three years of growth, there was decline in overseas shipments of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses, when their volume decreased by -1.4% to 382 tons. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 71% against the previous year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses rose to $1.9M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 84% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2865481,1161,17059.9%
Germany19.6120322509196.1%
Finland11877.577.91190.3%
Italy45.211.340.455.67.1%
Sweden14615032.114.7-53.5%
Others72.335727528.5-26.7%
Total6861,2641,8631,89640.3%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less from Belgium in 2022:

  1. South Africa (240.1 tons)
  2. Germany (101.0 tons)
  3. Finland (22.4 tons)
  4. Italy (11.4 tons)
  5. Sweden (2.7 tons)

Source: IndexBox Market Intelligence Platform

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