Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria - 2023

Contents:

1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria (FOB) - 2023
2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria (CIF) - 2023
3. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria
4. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria (FOB) - 2023

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $5,643 per ton in November 2023, remaining stable against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 5.1% against the previous month. As a result, the export price reached the peak level of $6,000 per ton. From February 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,525 per ton), while the average price for exports to Japan ($4,191 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria (CIF) - 2023

The average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,415 per ton in November 2023, waning by -21.4% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 25% m-o-m. The import price peaked at $4,347 per ton in October 2023, and then declined sharply in the following month.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Switzerland ($5,382 per ton) and the UK ($3,998 per ton), while the price for Turkey ($3,949 per ton) and Saudi Arabia ($3,951 per ton) were amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria

Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Austria contracted slightly to 177K tons in 2022, with a decrease of -4.6% on the year before. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 186K tons, and then fell modestly in the following year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $1B in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +75.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Austria in 2022:

1. Germany (42.5K tons)
2. United States (33.4K tons)
3. France (14.1K tons)
4. Italy (10.8K tons)
5. Spain (7.5K tons)
6. United Kingdom (7.2K tons)
7. Hungary (5.8K tons)
8. Turkey (5.2K tons)
9. Mexico (5.2K tons)
10. Taiwan (Chinese) (5.0K tons)
11. Poland (4.3K tons)
12. Switzerland (3.8K tons)
13. Netherlands (3.4K tons)

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Austria

Imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Austria surged to 231K tons in 2022, increasing by 27% on the previous year. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $937M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Austria in 2022:

1. Germany (93.0K tons)
2. France (64.7K tons)
3. Italy (21.8K tons)
4. United Kingdom (9.7K tons)
5. Netherlands (9.0K tons)
6. Turkey (6.4K tons)
7. Belgium (5.9K tons)
8. Switzerland (2.2K tons)

Source: IndexBox Market Intelligence Platform