Price for Aluminium; Powders and Flakes in Norway - 2023

Price for Aluminium; Powders and Flakes in Norway (CIF) - 2022

The average aluminium; powders and flakes import price stood at $11,499 per ton in 2022, surging by 23% against the previous year. Overall, the import price continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($18,491 per ton), while the price for Italy ($2,525 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+33.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Powders and Flakes in Norway (FOB) - 2022

The average aluminium; powders and flakes export price stood at $5,271 per ton in 2022, dropping by -40.7% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 906% against the previous year. As a result, the export price reached the peak level of $10,317 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +151.9% per year.

Imports of Aluminium; Powders and Flakes in Norway

In 2022, imports of aluminium; powders and flakeses into Norway fell notably to 26 tons, which is down by -41% compared with 2021 figures. Overall, imports, however, posted a modest increase. The pace of growth appeared the most rapid in 2021 when imports increased by 160% against the previous year. As a result, imports reached the peak of 44 tons, and then shrank sharply in the following year.

In value terms, aluminium; powders and flakes imports contracted remarkably to $300K in 2022. In general, imports, however, saw a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. As a result, imports attained the peak of $415K, and then shrank dramatically in the following year.

Import of Aluminium; Powders and Flakes in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	98.2	37.1	167	160	17.7%
Australia	N/A	N/A	N/A	31.9	0%
Ukraine	N/A	N/A	N/A	16.9	0%
Germany	26.6	38.5	74.4	16.1	-15.4%
Italy	0.1	N/A	0.2	14.1	420.5%
China	52.1	12.0	5.3	13.6	-36.1%
Belgium	8.4	8.4	4.5	10.1	6.3%
Austria	36.9	40.4	101	5.7	-46.3%
Sweden	5.5	3.8	5.5	4.6	-5.8%
Others	55.9	33.3	57.5	27.6	-21.0%
Total	284	174	415	300	1.8%

Top Suppliers of Aluminium; Powders and Flakes to Norway in 2022:

United Kingdom (8.6 tons)
Italy (5.6 tons)
Germany (4.6 tons)
Australia (3.1 tons)
Ukraine (1.0 tons)
Sweden (1.0 tons)
Belgium (1.0 tons)
China (0.7 tons)
Austria (0.5 tons)

Exports of Aluminium; Powders and Flakes in Norway

For the third consecutive year, Norway recorded decline in overseas shipments of aluminium; powders and flakeses, which decreased by -25.5% to 1.6 tons in 2022. Overall, exports saw a sharp setback. The smallest decline of -11.3% was in 2021.

In value terms, aluminium; powders and flakes exports fell sharply to $8.3K in 2022. Over the period under review, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 128%.