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

Contents:

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

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Sweden (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 $4,453 per ton, increasing by 3.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 5.5% month-to-month. As a result, import price attained the peak level of $4,773 per ton. From May 2023 to November 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($5,004 per ton), while the price for Norway amounted to $4,693 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.1%), 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 Sweden (FOB) - 2023

In November 2023, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,404 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 3.2% m-o-m. The export price peaked at $4,844 per ton in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Norway ($5,749 per ton), while the average price for exports to the UK ($3,082 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 Romania (+0.5%), 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 Sweden

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Sweden reduced modestly to 98K tons, shrinking by -4.8% on the previous year. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 103K tons, and then fell slightly in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s rose remarkably to $469M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +56.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked in 2022 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 Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway96.091.615218223.8%
Germany1171071351498.4%
Denmark28.627.638.447.118.1%
Switzerland26.823.929.130.94.9%
Belgium16.014.116.715.2-1.7%
Others36.535.051.944.36.7%
Total32129942246913.5%

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

  1. Germany (37.6K tons)
  2. Norway (35.5K tons)
  3. Denmark (8.3K tons)
  4. Switzerland (5.8K tons)
  5. Belgium (3.8K tons)

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

In 2022, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Sweden dropped to 83K tons, waning by -6.3% on 2021. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of 89K tons, and then dropped in the following year.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $407M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +82.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland53.152.072.065.77.4%
Germany35.134.053.655.816.7%
Italy29.013.042.354.923.7%
United States34.130.542.952.315.3%
France20.115.730.444.129.9%
Czech Republic25.116.924.527.73.3%
Mexico18.313.931.722.47.0%
United Kingdom15.212.817.414.3-2.0%
Denmark7.97.811.111.513.3%
Slovakia3.33.75.89.240.7%
Romania6.40.13.98.59.9%
Brazil2.61.55.07.039.1%
Others23.020.925.333.613.5%
Total27322336640714.2%

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

  1. Poland (13.2K tons)
  2. Germany (11.2K tons)
  3. Italy (10.8K tons)
  4. United States (10.4K tons)
  5. France (9.6K tons)
  6. Czech Republic (5.9K tons)
  7. Mexico (4.9K tons)
  8. United Kingdom (3.4K tons)
  9. Denmark (2.4K tons)
  10. Romania (1.8K tons)
  11. Slovakia (1.8K tons)
  12. Brazil (1.5K tons)

Source: IndexBox Market Intelligence Platform

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