Eastern Europe: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Eastern Europe

In 2023, the East European market for aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2022, and then contracted modestly in the following year.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in Eastern Europe

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm totaled $X in 2023 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports in Eastern Europe

In 2023, shipments abroad of aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to X tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm contracted to $X in 2023. Total exports indicated pronounced growth from 2012 to 2023: its value 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 2021 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2022, and then declined in the following year.

Exports by Country

In 2023, Russia (X tons), Poland (X tons), Hungary (X tons) and Romania (X tons) represented the major exporter of aluminium alloy plates, sheets and strip of thickness over X mm in Eastern Europe, comprising X% of total export. The Czech Republic (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (X%). Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Slovakia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium alloy plate, sheet and strip of thickness over X mm supplying countries in Eastern Europe were Russia ($X), Hungary ($X) and Romania ($X), with a combined X% share of total exports. Poland, the Czech Republic, Bulgaria and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, waning by X% against the previous year. Export price indicated a slight increase from 2012 to 2023: its price 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. Based on 2023 figures, export price for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The growth pace was the most rapid in 2022 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Romania ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports in Eastern Europe

In 2023, after three years of growth, there was decline in purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm, when their volume decreased by X% to X tons. Over the period under review, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2020 when imports increased by X%. The volume of import peaked at X tons in 2022, and then reduced modestly in the following year.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm declined to $X in 2023. In general, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Poland (X tons) was the key importer of aluminium alloy plates, sheets and strip of thickness over X mm, mixing up X% of total imports. The Czech Republic (X tons) held the second position in the ranking, followed by Hungary (X tons), Slovakia (X tons) and Romania (X tons). All these countries together took approx. X% share of total imports. The following importers - Ukraine (X tons) and Russia (X tons) - together made up X% of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Hungary (X%), Slovakia (X%), Romania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Ukraine experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Hungary, Slovakia, the Czech Republic and Romania increased by X, X, X and X percentage points, respectively.

In value terms, Poland ($X) constitutes the largest market for imported aluminium alloy plates, sheets and strip of thickness over X mm in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an X% share of total imports. It was followed by Hungary, with a X% share.

In Poland, imports of aluminium alloy plates, sheets and strip of thickness over X mm increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Hungary (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, falling by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2022, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Romania ($X per ton), while Slovakia ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform