Price for Aluminium; Tubes and Pipes in Sweden - 2023

Contents:

1. Price for Aluminium; Tubes and Pipes in Sweden (CIF) - 2023
2. Price for Aluminium; Tubes and Pipes in Sweden (FOB) - 2022
3. Imports of Aluminium; Tubes and Pipes in Sweden
4. Exports of Aluminium; Tubes and Pipes in Sweden

Price for Aluminium; Tubes and Pipes in Sweden (CIF) - 2023

In July 2023, the average aluminium; tubes and pipes import price amounted to $10,527 per ton, increasing by 31% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in May 2023 an increase of 35% m-o-m. The import price peaked in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($21,037 per ton), while the price for Denmark ($5,318 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 (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Sweden (FOB) - 2022

The average aluminium; tubes and pipes export price stood at $11,639 per ton in 2022, with an increase of 7.6% against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes export price increased by +102.7% against 2014 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 20%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($13,217 per ton), while the average price for exports to Estonia ($6,209 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 Denmark (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Tubes and Pipes in Sweden

After three years of growth, purchases abroad of aluminium; tubes and pipeses decreased by -11.8% to 1.9K tons in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of 2.2K tons, and then dropped in the following year.

In value terms, aluminium; tubes and pipes imports expanded modestly to $14M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Aluminium; Tubes and Pipes to Sweden in 2022:

1. Denmark (970.0 tons)
2. Germany (291.3 tons)
3. Netherlands (118.1 tons)
4. Belgium (109.1 tons)
5. Poland (94.3 tons)
6. United Kingdom (80.1 tons)
7. Norway (45.1 tons)
8. Italy (27.7 tons)
9. Czech Republic (19.5 tons)
10. Spain (1.1 tons)

Exports of Aluminium; Tubes and Pipes in Sweden

In 2022, aluminium; tubes and pipes exports from Sweden stood at 506 tons, with an increase of 9.6% compared with the previous year. The total export volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, aluminium; tubes and pipes exports soared to $5.9M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.9% 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 +81.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Aluminium; Tubes and Pipes from Sweden in 2022:

1. Poland (130.0 tons)
2. Norway (128.2 tons)
3. Finland (42.5 tons)
4. Denmark (42.3 tons)
5. Germany (34.2 tons)
6. United States (23.0 tons)
7. Estonia (18.0 tons)
8. United Kingdom (17.1 tons)
9. France (12.1 tons)
10. Lithuania (9.1 tons)
11. Latvia (9.0 tons)
12. Switzerland (8.3 tons)

Source: IndexBox Market Intelligence Platform