Belgium - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in Belgium - 2023
Contents:
- Unwrought Aluminium Alloys Price in Belgium (CIF) - 2022
- Unwrought Aluminium Alloys Price in Belgium (FOB) - 2022
- Unwrought Aluminium Alloys Imports in Belgium
- Unwrought Aluminium Alloys Exports in Belgium
Unwrought Aluminium Alloys Price in Belgium (CIF) - 2022
The average unwrought aluminium alloys import price stood at $3,741 per ton in 2022, rising by 39% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought aluminium alloys import price increased by +90.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($4,437 per ton), while the price for Luxembourg ($2,893 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Unwrought Aluminium Alloys Price in Belgium (FOB) - 2022
The average unwrought aluminium alloys export price stood at $3,597 per ton in 2022, with an increase of 47% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unwrought aluminium alloys export price increased by +78.9% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($4,639 per ton), while the average price for exports to Turkey ($1,619 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 (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Unwrought Aluminium Alloys Imports in Belgium
After three years of growth, supplies from abroad of unwrought aluminium alloys decreased by -12.1% to 170K tons in 2022. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of 194K tons, and then shrank in the following year.
In value terms, unwrought aluminium alloys imports surged to $638M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Unwrought Aluminium Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 137 | 137 | 275 | 294 | 29.0% |
| Germany | 88.4 | 94.8 | 106 | 179 | 26.5% |
| Russia | N/A | N/A | 8.5 | 39.9 | 369.4% |
| France | 18.2 | 15.9 | 52.9 | 34.8 | 24.1% |
| Sweden | 15.0 | 15.7 | 15.5 | 28.7 | 24.1% |
| Slovenia | N/A | N/A | 0.1 | 15.0 | 14900.0% |
| Luxembourg | 8.0 | 9.0 | 6.0 | 13.7 | 19.6% |
| Austria | 11.0 | 6.7 | 9.3 | 7.4 | -12.4% |
| Spain | 15.3 | 15.1 | 4.8 | 1.0 | -59.7% |
| United Arab Emirates | 24.6 | 28.8 | 29.3 | N/A | 9.1% |
| Others | 3.0 | 7.4 | 13.7 | 24.0 | 100.0% |
| Total | 321 | 330 | 522 | 638 | 25.7% |
Top Suppliers of Unwrought Aluminium Alloys to Belgium in 2022:
- Netherlands (75.3K tons)
- Germany (50.9K tons)
- Russia (11.8K tons)
- France (8.2K tons)
- Sweden (6.7K tons)
- Luxembourg (4.7K tons)
- Slovenia (3.4K tons)
- Austria (2.4K tons)
- Spain (0.2K tons)
Unwrought Aluminium Alloys Exports in Belgium
After three years of growth, overseas shipments of unwrought aluminium alloys decreased by -42.9% to 53K tons in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year.
In value terms, unwrought aluminium alloys exports dropped significantly to $190M in 2022. The total export value increased at an average annual rate of +8.5% 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 with an increase of 24% against the previous year. As a result, the exports attained the peak of $227M, and then shrank remarkably in the following year.
| Export of Unwrought Aluminium Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 54.0 | 52.5 | 60.2 | 59.8 | 3.5% |
| Germany | 41.6 | 46.4 | 53.7 | 48.0 | 4.9% |
| France | 18.1 | 41.3 | 68.3 | 35.1 | 24.7% |
| Hungary | 12.0 | 11.3 | 12.6 | 13.3 | 3.5% |
| Denmark | N/A | 0.1 | N/A | 6.6 | 712.4% |
| Poland | 10.5 | 11.3 | 17.6 | 5.4 | -19.9% |
| Turkey | 0.1 | 0.3 | 0.5 | 1.3 | 135.1% |
| Others | 12.4 | 20.1 | 13.9 | 20.8 | 18.8% |
| Total | 149 | 183 | 227 | 190 | 8.4% |
Top Export Markets for Unwrought Aluminium Alloys from Belgium in 2022:
- Netherlands (18.7K tons)
- Germany (13.6K tons)
- France (10.2K tons)
- Hungary (3.4K tons)
- Denmark (2.0K tons)
- Poland (1.3K tons)
- Turkey (0.8K tons)
This report provides an in-depth analysis of the unwrought aluminium alloys market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Product coverage:
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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