Czech Republic: Aluminium Market Overview 2021

Aluminium Market Size in the Czech Republic

The Czech aluminium market contracted sharply to $X in 2019, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Aluminium consumption peaked at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Aluminium Exports

Exports from the Czech Republic

In 2019, the amount of aluminium exported from the Czech Republic rose notably to X tonnes, growing by X% compared with the year before. Over the period under review, exports showed a strong expansion. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Exports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, aluminium exports reduced to $X in 2019. In general, total exports indicated slight growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at $X in 2018, and then reduced in the following year.

Exports by Country

Germany (X tonnes), Slovakia (X tonnes) and Austria (X tonnes) were the main destinations of aluminium exports from the Czech Republic, with a combined X% share of total exports. These countries were followed by Hungary, Slovenia, Poland and Croatia, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium exported from the Czech Republic were Germany ($X), Slovakia ($X) and Austria ($X), together comprising X% of total exports. Hungary, Slovenia, Poland and Croatia lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aluminium export price stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the highest prices were recorded for prices to Slovenia ($X per tonne) and Hungary ($X per tonne), while the average price for exports to Austria ($X per tonne) and Croatia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia, while the prices for the other major destinations experienced a decline.

Aluminium Imports

Imports into the Czech Republic

In 2019, supplies from abroad of aluminium decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. In general, total imports indicated noticeable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, aluminium imports shrank remarkably to $X in 2019. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2018, and then declined remarkably in the following year.

Imports by Country

Poland (X tonnes), Russia (X tonnes) and Slovakia (X tonnes) were the main suppliers of aluminium imports to the Czech Republic, with a combined X% share of total imports. These countries were followed by Iceland, Germany, Norway, Canada, Mozambique, the Netherlands and Austria, which together accounted for a further X 2007 to 2019, the biggest increases were in Mozambique, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium suppliers to the Czech Republic were Poland ($X), Russia ($X) and Germany ($X), together accounting for X% of total imports. These countries were followed by Iceland, Slovakia, Norway, Canada, Mozambique, Austria and the Netherlands, which together accounted for a further X the main suppliers, Mozambique saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average aluminium import price amounted to $X per tonne, falling by -X% against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium in the world?

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The country with the largest volume of aluminium consumption was China (36M tonnes), comprising approx. 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. The third position in this ranking was occupied by India (2.8M tonnes), with a 4.1% share.

What are the largest producers of aluminium in the world?

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The country with the largest volume of aluminium production was China (36M tonnes), accounting for 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.

What are the leading suppliers of aluminium to the Czech Republic?

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In value terms, the largest aluminium suppliers to the Czech Republic were Poland ($79M), Russia ($71M) and Germany ($62M), with a combined 38% share of total imports. These countries were followed by Iceland, Slovakia, Norway, Canada, Mozambique, Austria and the Netherlands, which together accounted for a further 49%.

What are the leading importers of aluminium from the Czech Republic?

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In value terms, Germany ($71M), Slovakia ($36M) and Austria ($25M) constituted the largest markets for aluminium exported from the Czech Republic worldwide, together accounting for 75% of total exports. These countries were followed by Hungary, Slovenia, Poland and Croatia, which together accounted for a further 22%.

What is the average export price for aluminium in the Czech Republic?

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The average aluminium export price stood at $1,661 per tonne in 2019, shrinking by -21.3% against the previous year.

What is the average import price for aluminium in the Czech Republic?

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The average aluminium import price stood at $2,135 per tonne in 2019, which is down by -12.7% against the previous year.