Eastern Europe: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Eastern Europe

In 2020, the East European unwrought aluminium alloys market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Unwrought Aluminium Alloys Production in Eastern Europe

In value terms, unwrought aluminium alloys production reduced to $X in 2020 estimated in export prices. Overall, production showed a slight descent. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Production By Country in Eastern Europe

Russia (X tons) remains the largest unwrought aluminium alloys producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, unwrought aluminium alloys production in Russia exceeded the figures recorded by the second-largest producer, Ukraine (X tons), tenfold. Romania (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Russia was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Ukraine (-X% per year) and Romania (+X% per year).

Unwrought Aluminium Alloys Exports

Exports in Eastern Europe

For the third consecutive year, Eastern Europe recorded decline in shipments abroad of unwrought aluminium alloys, which decreased by -X% to X tons in 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, unwrought aluminium alloys exports dropped to $X in 2020. In general, exports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2010 when exports increased by X% year-to-year. The level of export peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Russia (X tons) represented the main exporter of unwrought aluminium alloys, creating X% of total exports. Poland (X tons) ranks second in terms of the total exports with a X% share, followed by Slovakia (X%), Romania (X%) and the Czech Republic (X%). Hungary (X tons) held a relatively small share of total exports.

Russia experienced a relatively flat trend pattern with regard to volume of exports of unwrought aluminium alloys. At the same time, Romania (+X%), Hungary (+X%), Poland (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, Slovakia (-X%) illustrated a downward trend over the same period. Romania (+X p.p.), Poland (+X p.p.), the Czech Republic (+X p.p.) and Hungary (+X p.p.) significantly strengthened its position in terms of the total exports, while Slovakia and Russia saw its share reduced by -X% and -X% from 2007 to 2020, respectively.

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

From 2007 to 2020, the average annual growth rate of value in Russia totaled -X%. In the other countries, the average annual rates were as follows: Poland (+X% per year) and Romania (+X% per year).

Export Prices by Country

In 2020, the unwrought aluminium alloys export price in Eastern Europe amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price saw a pronounced decline. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, export prices attained the maximum at $X per ton in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Romania ($X per ton) and Slovakia ($X per ton), while Russia ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Romania, while the other leaders experienced a decline in the export price figures.

Unwrought Aluminium Alloys Imports

Imports in Eastern Europe

In 2020, supplies from abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, unwrought aluminium alloys imports fell markedly to $X in 2020. Total imports indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Poland represented the major importer of unwrought aluminium alloys in Eastern Europe, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2020. The Czech Republic (X tons) occupied the second position in the ranking, distantly followed by Hungary (X tons), Slovakia (X tons) and Romania (X tons). All these countries together held near X% share of total imports. Bulgaria (X tons) and Belarus (X tons) followed a long way behind the leaders.

Imports into Poland increased at an average annual rate of +X% from 2007 to 2020. At the same time, Romania (+X%), Bulgaria (+X%), Slovakia (+X%), the Czech Republic (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2007-2020. By contrast, Hungary (-X%) illustrated a downward trend over the same period. While the share of Poland (+X p.p.) and Romania (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of the Czech Republic (-X p.p.) and Hungary (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported unwrought aluminium alloys in Eastern Europe, comprising X% of total imports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

In Poland, unwrought aluminium alloys imports expanded at an average annual rate of +X% over the period from 2007-2020. 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

In 2020, the unwrought aluminium alloys import price in Eastern Europe amounted to $X per ton, dropping by -X% against the previous year. In general, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Hungary ($X per ton) and Poland ($X per ton), while Slovakia ($X per ton) and Romania ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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