Norway - Unwrought Aluminium Alloys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUnwrought Aluminium Alloys Price in Norway - 2023
Contents:
- Unwrought Aluminium Alloys Price in Norway (FOB) - 2023
- Unwrought Aluminium Alloys Price in Norway (CIF) - 2022
- Unwrought Aluminium Alloys Exports in Norway
- Unwrought Aluminium Alloys Imports in Norway
Unwrought Aluminium Alloys Price in Norway (FOB) - 2023
In August 2023, the average unwrought aluminium alloys export price amounted to $2,699 per ton, waning by -6.2% against the previous month. Over the period under review, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 2.6% against the previous month. Over the period under review, the average export prices attained the maximum at $3,502 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In August 2023, the highest price was recorded for prices to Denmark ($2,858 per ton) and Italy ($2,818 per ton), while the average price for exports to Sweden ($2,560 per ton) and Spain ($2,596 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-1.0%), while the prices for the other major destinations experienced a decline.
Unwrought Aluminium Alloys Price in Norway (CIF) - 2022
The average unwrought aluminium alloys import price stood at $3,755 per ton in 2022, jumping by 30% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 +73.7% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 33%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($4,594 per ton), while the price for the UK ($2,782 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Unwrought Aluminium Alloys Exports in Norway
In 2022, the amount of unwrought aluminium alloys exported from Norway contracted to 1.3M tons, reducing by -4.4% compared with 2021 figures. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of 1.4M tons, and then reduced modestly in the following year.
In value terms, unwrought aluminium alloys exports skyrocketed to $5.1B in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 77%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Unwrought Aluminium Alloys in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 583 | 530 | 806 | 1,033 | 21.0% |
| Germany | 599 | 407 | 708 | 907 | 14.8% |
| Spain | 287 | 236 | 470 | 602 | 28.0% |
| Poland | 237 | 244 | 418 | 536 | 31.3% |
| Austria | 166 | 150 | 265 | 339 | 26.9% |
| Sweden | 140 | 111 | 217 | 279 | 25.8% |
| Italy | 123 | 93.7 | 207 | 265 | 29.2% |
| France | 164 | 102 | 184 | 236 | 12.9% |
| Others | 414 | 369 | 686 | 883 | 28.7% |
| Total | 2,712 | 2,244 | 3,962 | 5,080 | 23.3% |
Top Export Markets for Unwrought Aluminium Alloys from Norway in 2022:
- Netherlands (266.4K tons)
- Germany (247.0K tons)
- Spain (157.3K tons)
- Poland (142.3K tons)
- Austria (87.9K tons)
- Sweden (77.6K tons)
- Italy (70.0K tons)
- France (63.1K tons)
Unwrought Aluminium Alloys Imports in Norway
Unwrought aluminium alloys imports into Norway surged to 19K tons in 2022, rising by 56% on 2021. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, unwrought aluminium alloys imports surged to $73M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Unwrought Aluminium Alloys in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 3.6 | 5.2 | 10.0 | 20.7 | 79.2% |
| Sweden | 0.8 | 9.3 | 5.8 | 12.1 | 147.3% |
| China | 3.9 | 3.5 | 5.6 | 11.7 | 44.2% |
| Netherlands | 3.0 | 4.3 | 3.0 | 6.7 | 30.7% |
| Estonia | 1.3 | 2.5 | 2.7 | 5.7 | 63.7% |
| Spain | 2.3 | 1.8 | 1.7 | 3.8 | 18.2% |
| United Kingdom | 0.4 | 0.8 | 1.3 | 2.6 | 86.6% |
| Poland | 2.3 | 1.0 | 0.5 | 2.5 | 2.8% |
| Russia | 1.3 | N/A | 0.9 | N/A | -16.8% |
| Others | 3.8 | 3.3 | 4.2 | 7.1 | 23.2% |
| Total | 22.8 | 31.6 | 35.8 | 72.9 | 47.3% |
Top Suppliers of Unwrought Aluminium Alloys to Norway in 2022:
- Bahrain (5.4K tons)
- Sweden (3.4K tons)
- China (2.7K tons)
- Netherlands (2.0K tons)
- Spain (1.3K tons)
- Estonia (1.2K tons)
- United Kingdom (0.9K tons)
- Poland (0.8K tons)
This report provides an in-depth analysis of the unwrought aluminium alloys market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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
-
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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