Czech Republic: Aluminium Market Overview 2020

Aluminium Market Size in the Czech Republic

The revenue of the aluminium market in the Czech Republic amounted to $X in 2018, falling 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). Over the period under review, aluminium consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the aluminium market attained its maximum level at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Aluminium Exports

Exports from the Czech Republic

In 2018, the amount of aluminium exported from the Czech Republic amounted to X tonnes, stabilizing at the previous year. Overall, the total exports indicated a remarkable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium exports increased by +X% against 2010 indices. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, aluminium exports attained their maximum at X tonnes in 2017, leveling off in the following year.

In value terms, aluminium exports amounted to $X in 2018. Overall, the total exports indicated a notable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium exports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, aluminium exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

The exports of the three major exporters of aluminium, namely Russia, Canada and the United Arab Emirates, represented more than third of total export. India (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Australia (X%), Norway (X%) and Malaysia (X%). The following exporters - the Netherlands (X tonnes), Iceland (X tonnes), the U.S. (X tonnes), Qatar (X tonnes) and China (X tonnes) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets from the Czech Republic were Canada ($X), the United Arab Emirates ($X) and Russia ($X), with a combined X% share of total exports. These countries were followed by India, Australia, Norway, Malaysia, the Netherlands, Iceland, the U.S., Qatar, China and the Czech Republic, which together accounted for a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the aluminium export price in the Czech Republic amounted to $X per tonne, growing by X% against the previous year. Overall, the aluminium export price, however, continues to indicate a measured contraction. The growth pace was the most rapid in 2010 an increase of X% against the previous year. The Czech Republic export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Aluminium Imports

Imports into the Czech Republic

In 2018, the amount of aluminium imported into the Czech Republic totaled X tonnes, falling by -X% against the previous year. Over the period under review, the total imports indicated a noticeable increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, aluminium imports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.

In value terms, aluminium imports stood at $X in 2018. Over the period under review, the total imports indicated a modest expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The Czech Republic imports peaked in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), Germany (X tonnes), South Korea (X tonnes) and Italy (X tonnes) were the major importers of aluminium, together comprising X% of total imports. The Netherlands (X tonnes), Turkey (X tonnes), Mexico (X tonnes), Thailand (X tonnes), Poland (X tonnes), Malaysia (X tonnes) and Taiwan, Chinese (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported aluminium into the Czech Republic, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., aluminium imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the aluminium import price in the Czech Republic amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the aluminium import price, however, continues to indicate a mild slump. The growth pace was the most rapid in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for aluminium reached their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Mexico ($X per tonne) and Poland ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform