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

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Finland (CIF) - 2022
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Finland (FOB) - 2023
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Finland
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Finland

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Finland (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,963 per ton, surging by 36% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s increased by +30.9% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,453 per ton), while the price for Russia ($4,087 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $22,186 per ton in November 2023, rising by 44% against the previous month. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 80% m-o-m. Over the period under review, the average export prices reached the peak figure at $26,319 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($13,864 per ton), while the average price for exports to Mexico amounted to $7,340 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Finland reduced to 43K tons in 2022, stabilizing at 2021. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 43K tons, leveling off in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $214M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +78.3% against 2020 indices. As a result, imports reached 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 Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany46.440.659.179.919.9%
France8.05.114.936.065.1%
Russia35.031.436.718.0-19.9%
Poland3.22.75.815.167.7%
China2.51.32.912.972.8%
Italy5.45.46.08.415.9%
Denmark3.04.87.38.139.2%
Greece4.41.15.17.318.4%
Sweden1.72.42.76.153.1%
United States10.29.81.54.0-26.8%
Austria2.52.13.33.916.0%
Spain1.63.21.52.414.5%
Others10.710.111.311.73.0%
Total13512015821416.6%

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

  1. Germany (18.4K tons)
  2. France (5.6K tons)
  3. Russia (4.4K tons)
  4. Poland (3.1K tons)
  5. China (2.9K tons)
  6. Italy (1.6K tons)
  7. Denmark (1.4K tons)
  8. Greece (1.3K tons)
  9. Sweden (1.0K tons)
  10. Austria (0.7K tons)
  11. Spain (0.5K tons)
  12. United States (0.3K tons)

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

In 2022, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Finland shrank rapidly to 1.7K tons, dropping by -19% on the previous year's figure. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -2% was in 2021.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s contracted modestly to $30M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 50%. As a result, the exports reached the peak of $31M, and then declined modestly in the following year.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden14.612.315.720.612.2%
Spain3.24.911.66.224.7%
Estonia0.80.81.51.07.7%
Mexico0.20.80.60.751.8%
Switzerland0.10.40.60.571.0%
Poland0.30.50.20.410.1%
LatviaN/AN/AN/A0.30%
Russia0.40.6N/AN/A50.0%
Others0.70.51.00.6-5.0%
Total20.320.931.230.214.2%

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

  1. Sweden (913.3 tons)
  2. Spain (266.5 tons)
  3. Estonia (182.0 tons)
  4. Mexico (119.3 tons)
  5. Poland (52.0 tons)
  6. Switzerland (51.1 tons)
  7. Latvia (48.2 tons)
  8. Russia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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