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

Contents:

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

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

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,089 per ton in November 2023, almost unchanged from the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 6.3% against the previous month. Over the period under review, the average export prices reached the maximum at $3,356 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Bosnia and Herzegovina ($6,143 per ton), while the average price for exports to the United States amounted to $3,910 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.7%), while the prices for the other major destinations experienced a decline.

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

In November 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,997 per ton, dropping by -1.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 24% against the previous month. Over the period under review, average import prices attained the maximum at $5,730 per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the country with the highest price was Serbia ($4,936 per ton), while the price for Turkey totaled $3,770 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+16.4%), 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 Croatia

In 2022, shipments abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -18.1% to 66K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 14%.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s rose to $244M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia93.711414617523.1%
Germany21.222.452.945.729.2%
Czech Republic5.26.17.98.618.3%
Italy3.43.84.13.40.0%
United States26.39.39.6N/A-39.6%
Others5.07.013.911.933.5%
Total15516223524416.3%

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

  1. Slovenia (51.9K tons)
  2. Germany (9.5K tons)
  3. Czech Republic (1.9K tons)
  4. Italy (0.6K tons)

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

In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s imported into Croatia soared to 6.6K tons, jumping by 38% on the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% 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 +47.2% against 2020 indices. As a result, imports attained 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 $35M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia5.35.47.410.324.8%
Germany4.23.74.35.912.0%
Austria3.93.24.24.97.9%
Italy1.41.53.64.547.6%
China0.1N/A0.52.9207.2%
Poland1.40.91.52.012.6%
Serbia0.30.40.51.049.4%
Turkey0.10.20.20.8100.0%
Others0.80.51.32.648.1%
Total17.515.923.535.026.0%

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

  1. Slovenia (1896.1 tons)
  2. Italy (1286.5 tons)
  3. Germany (793.0 tons)
  4. Austria (739.6 tons)
  5. China (641.9 tons)
  6. Poland (368.9 tons)
  7. Serbia (182.9 tons)
  8. Turkey (153.3 tons)

Source: IndexBox Market Intelligence Platform

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