EU: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in the EU

In 2020, the EU unwrought aluminium alloys market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Unwrought Aluminium Alloys Production in the EU

In value terms, unwrought aluminium alloys production declined to $X in 2020 estimated in export prices. In general, production, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. The level of production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in the EU

The countries with the highest volumes of unwrought aluminium alloys production in 2020 were Germany (X tons), Italy (X tons) and Spain (X tons), together comprising X% of total production.

From 2007 to 2020, the most notable rate of growth in terms of unwrought aluminium alloys production, amongst the leading producing countries, was attained by Italy, while unwrought aluminium alloys production for the other leaders experienced more modest paces of growth.

Unwrought Aluminium Alloys Exports

Exports in the EU

In 2020, shipments abroad of unwrought aluminium alloys 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% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. The volume of export peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, unwrought aluminium alloys exports dropped to $X in 2020. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tons), Italy (X tons) and the Netherlands (X tons) represented roughly X% of total exports of unwrought aluminium alloys in 2020. Spain (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by France (X%), Sweden (X%), Poland (X%), Austria (X%), Slovakia (X%) and Slovenia (X%).

From 2007 to 2020, the biggest increases were in Italy, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

Italy saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The unwrought aluminium alloys export price in the European Union stood at $X per ton in 2020, dropping by -X% against the previous year. In general, the export price showed a noticeable curtailment. The growth pace was the most rapid in 2010 an increase of X% y-o-y. Over the period under review, export prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the Netherlands ($X per ton) and France ($X per ton), while Austria ($X per ton) and Italy ($X per ton) were amongst the lowest.

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

Unwrought Aluminium Alloys Imports

Imports in the EU

In 2020, overseas purchases of unwrought aluminium alloys decreased by -X% to X tons, falling for the second consecutive year after six years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The volume of import peaked at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, unwrought aluminium alloys imports declined markedly to $X in 2020. In general, imports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Germany represented the main importer of unwrought aluminium alloys in the European Union, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2020. Italy (X tons) ranks second in terms of the total imports with a X% share, followed by Poland (X%), the Netherlands (X%), Spain (X%), France (X%) and Austria (X%). The Czech Republic (X tons), Belgium (X tons), Sweden (X tons), Portugal (X tons), Greece (X tons) and Croatia (X tons) followed a long way behind the leaders.

Germany experienced a relatively flat trend pattern with regard to volume of imports of unwrought aluminium alloys. At the same time, Croatia (+X%), Poland (+X%), Greece (+X%), the Czech Republic (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2020. Spain, Austria, Italy and Sweden experienced a relatively flat trend pattern. By contrast, France (-X%), Belgium (-X%) and Portugal (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Poland and Croatia increased by +X% and +X% percentage points, while Germany (-X p.p.), Belgium (-X p.p.), France (-X p.p.) and Portugal (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Germany, unwrought aluminium alloys imports contracted by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Italy (-X% per year) and Poland (+X% per year).

Import Prices by Country

The unwrought aluminium alloys import price in the European Union stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the import price saw a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. The level of import peaked at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in France ($X per ton) and Sweden ($X per ton), while Italy ($X per ton) and Croatia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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