Price for Aluminium; Tubes and Pipes in Slovakia - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Slovakia (CIF) - 2023
- Price for Aluminium; Tubes and Pipes in Slovakia (FOB) - 2023
- Imports of Aluminium; Tubes and Pipes in Slovakia
- Exports of Aluminium; Tubes and Pipes in Slovakia
Price for Aluminium; Tubes and Pipes in Slovakia (CIF) - 2023
In July 2023, the average aluminium; tubes and pipes import price amounted to $8,420 per ton, surging by 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($95,907 per ton), while the price for Russia ($3,687 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Slovakia (FOB) - 2023
The average aluminium; tubes and pipes export price stood at $9,778 per ton in July 2023, rising by 5.2% against the previous month. In general, the export price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in January 2023 an increase of 50% against the previous month. The export price peaked at $17,164 per ton in November 2022; however, from December 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Spain ($41,797 per ton), while the average price for exports to India ($2,629 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Tubes and Pipes in Slovakia
In 2022, the amount of aluminium; tubes and pipeses imported into Slovakia rose notably to 3.7K tons, picking up by 5.6% on the previous year. Overall, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 4.8K 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 $25M in 2022. Over the period under review, total imports indicated a remarkable 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, imports increased by +62.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Tubes and Pipes in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.1 | 1.7 | 2.1 | 5.2 | 35.3% |
| Poland | 4.1 | 5.2 | 5.3 | 5.1 | 7.5% |
| Italy | 1.9 | 1.8 | 1.7 | 3.9 | 27.1% |
| Greece | 0.7 | 0.5 | 0.6 | 1.5 | 28.9% |
| Hungary | 1.3 | 1.2 | 1.7 | 1.2 | -2.6% |
| Czech Republic | 0.5 | 0.6 | 1.2 | 1.0 | 26.0% |
| Belgium | 1.0 | 0.8 | 0.6 | 0.9 | -3.5% |
| Russia | 0.1 | 0.7 | 1.4 | 0.7 | 91.3% |
| China | 0.8 | 0.1 | 0.4 | 0.4 | -20.6% |
| Austria | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| South Korea | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Others | 3.3 | 1.8 | 1.8 | 4.3 | 9.2% |
| Total | 16.5 | 15.1 | 17.5 | 24.6 | 14.2% |
Top Suppliers of Aluminium; Tubes and Pipes to Slovakia in 2022:
- Poland (890.1 tons)
- Germany (667.1 tons)
- Italy (531.9 tons)
- Greece (281.9 tons)
- Belgium (215.3 tons)
- Russia (172.4 tons)
- Hungary (163.6 tons)
- Czech Republic (129.5 tons)
- Austria (44.5 tons)
- China (39.5 tons)
- South Korea (28.8 tons)
Exports of Aluminium; Tubes and Pipes in Slovakia
In 2022, the amount of aluminium; tubes and pipeses exported from Slovakia contracted to 184 tons, which is down by -5.8% against 2021. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2%.
In value terms, aluminium; tubes and pipes exports dropped to $2.3M in 2022. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 7.9%.
| Export of Aluminium; Tubes and Pipes in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 916 | 1,082 | 1,235 | 941 | 0.9% |
| Hungary | 300 | 284 | 380 | 499 | 18.5% |
| United States | N/A | 4.9 | 21.2 | 224 | 576.1% |
| Spain | 484 | 537 | 207 | 196 | -26.0% |
| Austria | 34.0 | 58.2 | 110 | 148 | 63.3% |
| India | 136 | 116 | 157 | 111 | -6.5% |
| Germany | 973 | 85.6 | 92.7 | 47.3 | -63.5% |
| Poland | 83.9 | 76.7 | 96.8 | 14.3 | -44.6% |
| Others | 243 | 135 | 270 | 161 | -12.8% |
| Total | 3,169 | 2,379 | 2,568 | 2,342 | -9.6% |
Top Export Markets for Aluminium; Tubes and Pipes from Slovakia in 2022:
- Czech Republic (47.4 tons)
- United States (43.0 tons)
- India (39.2 tons)
- Hungary (24.9 tons)
- Austria (7.1 tons)
- Germany (5.9 tons)
- Spain (5.8 tons)
- Poland (3.0 tons)
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