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

Contents:

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

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

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $10,216 per ton, surging by 27% against the previous year. In general, the import price saw resilient growth. The growth pace was the most rapid in 2015 when the average import price increased by 96% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($27,453 per ton), while the price for China ($6,904 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.8%), 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 Portugal (FOB) - 2022

In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $11,022 per ton, reducing by -9.3% against the previous year. In general, the export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2021 when the average export price increased by 134% against the previous year. As a result, the export price attained the peak level of $12,154 per ton, and then shrank in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sao Tome and Principe ($14,813 per ton), while the average price for exports to the Philippines ($6,728 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 Spain (+14.8%), 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 Portugal

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses imported into Portugal fell sharply to 73 tons, waning by -29.9% against the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +21.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 74% against the previous year. As a result, imports reached the peak of 105 tons, and then reduced rapidly in the following year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses dropped to $751K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports reached the peak of $841K, and then contracted in the following year.

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

1. Italy (17.4 tons)
2. Germany (16.8 tons)
3. Spain (15.9 tons)
4. France (7.0 tons)
5. Czech Republic (4.0 tons)
6. China (3.9 tons)
7. United States (3.0 tons)
8. Netherlands (2.1 tons)
9. Switzerland (2.1 tons)

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

In 2022, the amount of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses exported from Portugal surged to 11 tons, picking up by 83% on 2021. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 123%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses soared to $126K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 119%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Spain (5.7 tons)
2. Philippines (4.9 tons)
3. Morocco (0.5 tons)
4. Angola (0.3 tons)

Source: IndexBox Market Intelligence Platform