Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia - 2023
Contents:
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia (CIF) - 2023
- Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia (FOB) - 2023
- Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia
- Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia
Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia (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 $4,204 per ton, which is down by -20.1% against the previous month. Over the period from December 2022 to November 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in September 2023 an increase of 33% against the previous month. Over the period under review, average import prices attained the peak figure at $5,263 per ton in October 2023, and then declined rapidly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,707 per ton), while the price for China ($2,108 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Estonia (+3.0%), 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 Latvia (FOB) - 2023
The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $3,113 per ton in November 2023, rising by 8% against the previous month. Over the period under review, the export price, however, recorded a slight slump. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 19% m-o-m. Over the period under review, the average export prices attained the maximum at $3,681 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Sweden ($8,847 per ton), while the average price for exports to Germany ($2,724 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 Sweden (+8.9%), 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 Latvia
In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s imported into Latvia declined rapidly to 4.6K tons, with a decrease of -23.2% on the previous year. Overall, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% 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 +48.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports attained the peak of 5.9K tons, and then shrank markedly in the following year.
In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s declined rapidly to $18M in 2022. In general, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 143% against the previous year. As a result, imports reached the peak of $23M, and then dropped remarkably in the following year.
| Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 1.4 | 3.0 | 5.1 | 34.4% |
| Lithuania | 2.2 | 2.6 | 3.9 | 3.8 | 20.0% |
| Turkey | 1.2 | 1.0 | 2.7 | 2.7 | 31.0% |
| Poland | 2.0 | 1.3 | 0.9 | 2.1 | 1.6% |
| Germany | 0.4 | 0.2 | 1.8 | 1.8 | 65.1% |
| Austria | 3.9 | 2.2 | 6.3 | 1.2 | -32.5% |
| Romania | N/A | N/A | 2.5 | 0.1 | -96.0% |
| Others | 1.2 | 0.7 | 1.9 | 1.6 | 10.1% |
| Total | 13.0 | 9.5 | 23.0 | 18.5 | 12.5% |
Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Latvia in 2022:
- China (2060.0 tons)
- Lithuania (616.7 tons)
- Turkey (562.7 tons)
- Poland (441.1 tons)
- Germany (327.6 tons)
- Austria (254.6 tons)
- Romania (22.3 tons)
Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia
Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Latvia rose to 3.9K tons in 2022, growing by 2.2% compared with the previous year. The total export volume increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 45%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s expanded significantly to $13M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 41%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,005 | 3,706 | 7,214 | 8,052 | 38.9% |
| Slovakia | 1,146 | 2,280 | 1,166 | 1,118 | -0.8% |
| Estonia | 355 | 434 | 737 | 892 | 35.9% |
| Italy | 313 | 326 | 523 | 646 | 27.3% |
| Finland | 210 | 261 | 311 | 369 | 20.7% |
| Sweden | 104 | 111 | 192 | 272 | 37.8% |
| Malta | 108 | 176 | 404 | 233 | 29.2% |
| Czech Republic | 27.9 | 28.3 | 76.9 | 232 | 102.6% |
| Netherlands | 146 | 139 | 322 | 227 | 15.8% |
| Iceland | 108 | 39.8 | 98.8 | 211 | 25.0% |
| Others | 613 | 815 | 717 | 885 | 13.0% |
| Total | 6,135 | 8,316 | 11,762 | 13,137 | 28.9% |
Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Latvia in 2022:
- Germany (2585.1 tons)
- Slovakia (340.7 tons)
- Estonia (241.1 tons)
- Italy (166.9 tons)
- Finland (101.9 tons)
- Sweden (68.6 tons)
- Iceland (61.4 tons)
- Czech Republic (61.1 tons)
- Malta (60.9 tons)
- Netherlands (58.3 tons)
105
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Latvia.
55
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Latvia.
231
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
219
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
105
This report provides an in-depth analysis of the market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm in Latvia.
55
This report provides an in-depth analysis of the market for aluminium plate, sheet and strip of thickness over 0.2 mm in Latvia.
231
This report provides an in-depth analysis of the global market for aluminium alloy plate, sheet and strip of thickness over 0.2 mm.
219
This report provides an in-depth analysis of the global market for aluminium plate, sheet and strip of thickness over 0.2 mm.
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