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

Contents:

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

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Denmark (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 $4,511 per ton, with a decrease of -10.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 36% month-to-month. The import price peaked at $5,042 per ton in October 2023, and then reduced in the following month.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From December 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +3.7% per month.

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

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $4,634 per ton in November 2023, shrinking by -3.6% against the previous month. Over the period under review, the export price recorded a mild decline. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 18% m-o-m. The export price peaked at $5,363 per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In November 2023, the highest price was recorded for prices to Faroe Islands ($6,312 per ton) and the UK ($5,318 per ton), while the average price for exports to Iceland ($4,788 per ton) and Norway ($5,124 per ton) were amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.4%), while the prices for the other major destinations experienced a decline.

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

Imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Denmark shrank to 93K tons in 2022, dropping by -4.4% compared with the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 97K tons, and then shrank in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $468M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.9% 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 +73.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany98.398.317117220.5%
Norway88.183.696.812412.1%
Greece17.018.215.029.219.8%
Belgium15.715.729.727.821.0%
China5.23.66.918.652.9%
Romania11.29.314.918.518.2%
Austria11.49.919.517.014.2%
France6.67.011.712.624.1%
Slovenia4.73.69.511.635.1%
Italy10.24.63.17.8-8.6%
Others17.016.623.829.420.0%
Total28527040246818.0%

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

  1. Germany (36.8K tons)
  2. Norway (24.5K tons)
  3. Greece (5.8K tons)
  4. Belgium (5.0K tons)
  5. China (4.5K tons)
  6. Romania (2.9K tons)
  7. Austria (2.7K tons)
  8. Slovenia (2.2K tons)
  9. France (1.9K tons)
  10. Italy (1.3K tons)

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

In 2022, overseas shipments of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -26% to 30K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of 40K tons, and then fell remarkably in the following year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s dropped to $161M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36%. As a result, the exports attained the peak of $164M, and then shrank in the following year.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45.633.736.048.31.9%
Sweden28.724.833.940.312.0%
Norway9.410.412.916.019.4%
Netherlands6.16.914.99.214.7%
Poland4.14.410.08.929.5%
Finland3.93.66.45.814.1%
Spain0.31.36.25.2158.8%
Czech Republic3.11.76.65.017.3%
Belgium3.43.35.03.40.0%
Lithuania1.11.33.93.344.2%
Italy10.021.910.51.3-49.3%
Others8.77.417.914.017.2%
Total1241211641619.1%

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

  1. Germany (10.5K tons)
  2. Sweden (6.6K tons)
  3. Norway (2.6K tons)
  4. Netherlands (1.8K tons)
  5. Poland (1.4K tons)
  6. Spain (1.1K tons)
  7. Finland (0.9K tons)
  8. Czech Republic (0.8K tons)
  9. Belgium (0.7K tons)
  10. Lithuania (0.5K tons)
  11. Italy (0.3K tons)

Source: IndexBox Market Intelligence Platform

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