Price for Aluminium; Tubes and Pipes in Norway - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Norway (CIF) - 2023
- Price for Aluminium; Tubes and Pipes in Norway (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Norway
- Exports of Aluminium; Tubes and Pipes in Norway
Price for Aluminium; Tubes and Pipes in Norway (CIF) - 2023
The average aluminium; tubes and pipes import price stood at $7,586 per ton in September 2023, declining by -3.7% against the previous month. In general, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in August 2023 when the average import price increased by 15% against the previous month. The import price peaked at $9,743 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($12,181 per ton), while the price for Denmark ($4,415 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Norway (FOB) - 2022
In 2022, the average aluminium; tubes and pipes export price amounted to $11,900 per ton, surging by 5.6% against the previous year. In general, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 44%. The export price peaked at $23,940 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($40,030 per ton), while the average price for exports to Turkey ($6,248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Tubes and Pipes in Norway
In 2022, imports of aluminium; tubes and pipeses into Norway surged to 1.4K tons, jumping by 23% compared with 2021 figures. Over the period under review, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 130%. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium; tubes and pipes imports skyrocketed to $11M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 decreased by -7.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 97% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Aluminium; Tubes and Pipes in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1,891 | 1,699 | 2,710 | 4,024 | 28.6% |
| Denmark | 1,001 | 1,196 | 1,526 | 1,714 | 19.6% |
| Sweden | 913 | 903 | 1,312 | 1,490 | 17.7% |
| Latvia | 7.9 | 5,661 | 589 | 796 | 365.3% |
| Netherlands | 382 | 130 | 232 | 511 | 10.2% |
| Italy | 287 | 172 | 406 | 501 | 20.4% |
| Germany | 410 | 309 | 349 | 409 | -0.1% |
| China | 99.1 | 154 | 45.5 | 139 | 11.9% |
| Others | 864 | 1,338 | 1,147 | 1,159 | 10.3% |
| Total | 5,855 | 11,562 | 8,316 | 10,743 | 22.4% |
Top Suppliers of Aluminium; Tubes and Pipes to Norway in 2022:
- Czech Republic (459.4 tons)
- Latvia (294.1 tons)
- Denmark (279.1 tons)
- Sweden (129.9 tons)
- Netherlands (69.2 tons)
- Italy (45.9 tons)
- Germany (43.1 tons)
- China (19.3 tons)
Exports of Aluminium; Tubes and Pipes in Norway
In 2022, approx. 99 tons of aluminium; tubes and pipeses were exported from Norway; increasing by 9% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 148% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, aluminium; tubes and pipes exports surged to $1.2M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 120%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Aluminium; Tubes and Pipes in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 18.1 | 30.8 | 190 | 457 | 193.4% |
| United Kingdom | 9.7 | 7.4 | 40.4 | 131 | 138.1% |
| Iceland | 19.7 | 9.6 | 173 | 116 | 80.6% |
| Denmark | 73.8 | 115 | 124 | 74.0 | 0.1% |
| Netherlands | 32.7 | 19.5 | 50.7 | 67.0 | 27.0% |
| Lithuania | 4.7 | 11.0 | 39.4 | 64.0 | 138.8% |
| Algeria | 69.3 | 62.6 | 44.1 | 58.2 | -5.7% |
| Turkey | 0.5 | 29.2 | 0.4 | 16.1 | 218.1% |
| United States | 169 | 4.9 | 4.2 | 14.7 | -55.7% |
| Germany | 18.2 | 20.9 | 38.6 | 5.5 | -32.9% |
| Others | 146 | 153 | 318 | 173 | 5.8% |
| Total | 562 | 465 | 1,022 | 1,176 | 27.9% |
Top Export Markets for Aluminium; Tubes and Pipes from Norway in 2022:
- Sweden (38.4 tons)
- Iceland (15.2 tons)
- Lithuania (9.5 tons)
- Netherlands (8.9 tons)
- Denmark (8.9 tons)
- United Kingdom (6.3 tons)
- Turkey (2.6 tons)
- Algeria (2.2 tons)
- United States (0.4 tons)
- Germany (0.4 tons)
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