Eastern Europe: Aluminium Bar Market 2024

Aluminium Bar Market Size in Eastern Europe

The East European aluminium bar market shrank to $X in 2022, falling by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Aluminium Bar Production in Eastern Europe

In value terms, aluminium bar production rose notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Aluminium Bar Exports

Exports in Eastern Europe

For the third year in a row, Eastern Europe recorded growth in overseas shipments of aluminium bars, rods and profiles, which increased by X% to X tons in 2022. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, aluminium bar exports surged to $X in 2022. Over the period under review, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Poland (X tons), distantly followed by Russia (X tons), Slovakia (X tons), Romania (X tons), the Czech Republic (X tons), Bulgaria (X tons), Belarus (X tons) and Hungary (X tons) represented the main exporters of aluminium bars, rods and profiles, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest aluminium bar supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Romania ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Poland stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Slovakia (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Aluminium Bar Imports

Imports in Eastern Europe

In 2022, supplies from abroad of aluminium bars, rods and profiles decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped slightly in the following year.

In value terms, aluminium bar imports rose remarkably to $X in 2022. Overall, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Poland (X tons) and the Czech Republic (X tons) represented the major importers of aluminium bars, rods and profiles in 2022, recording near X% and X% of total imports, respectively. Hungary (X tons) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%), Russia (X%), Romania (X%), Lithuania (X%) and Bulgaria (X%). Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium bar importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Hungary ($X), together comprising X% of total imports. Slovakia, Romania, Russia, Lithuania, Bulgaria and Belarus lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the import price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :