
Germany - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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Germany: Aluminium Market Overview 2021
Aluminium Market Size in Germany
After two years of growth, the German aluminium market decreased by -X% to $X in 2019. Over the period under review, consumption, however, saw a slight reduction. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.
Aluminium Production in Germany
In value terms, aluminium production contracted to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a slight downturn. The pace of growth was the most pronounced in 2010 when the production volume increased by X% y-o-y. Aluminium production peaked at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.
Aluminium Exports
Exports from Germany
In 2019, overseas shipments of aluminium decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.
In value terms, aluminium exports fell remarkably to $X in 2019. In general, exports continue to indicate a pronounced decline. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.
Exports by Country
Austria (X tonnes), Switzerland (X tonnes) and Belgium (X tonnes) were the main destinations of aluminium exports from Germany, together comprising X% of total exports.
From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland, while exports for the other leaders experienced more modest paces of growth.
In value terms, Switzerland ($X), Austria ($X) and Belgium ($X) constituted the largest markets for aluminium exported from Germany worldwide, with a combined X% share of total exports.
Switzerland saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average aluminium export price stood at $X per tonne in 2019, which is down by -X% against the previous year. In general, the export price saw a mild descent. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2019, the highest prices were recorded for prices to the Netherlands ($X per tonne) and Switzerland ($X per tonne), while the average price for exports to Italy ($X per tonne) and Poland ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.
Aluminium Imports
Imports into Germany
For the third consecutive year, Germany recorded decline in purchases abroad of aluminium, which decreased by -X% to X tonnes in 2019. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.
In value terms, aluminium imports shrank notably to $X in 2019. Over the period under review, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.
Imports by Country
The Netherlands (X tonnes), Russia (X tonnes) and Norway (X tonnes) were the main suppliers of aluminium imports to Germany, together accounting for X% of total imports. The UK, Iceland, France, Austria, Italy, Mozambique, Luxembourg, Poland, South Africa and Spain lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain, while imports for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), Russia ($X) and Norway ($X) appeared to be the largest aluminium suppliers to Germany, with a combined X% share of total imports. These countries were followed by the UK, Iceland, France, Austria, Mozambique, Italy, Luxembourg, South Africa, Poland and Spain, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average aluminium import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Norway ($X per tonne) and Austria ($X per tonne), while the price for Italy ($X per tonne) and Poland ($X per tonne) were amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Luxembourg, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for aluminium in the world?+
The country with the largest volume of aluminium consumption was China (36M tonnes), comprising approx. 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. The third position in this ranking was occupied by India (2.8M tonnes), with a 4.1% share.
What are the largest producers of aluminium in the world?+
China (36M tonnes) constituted the country with the largest volume of aluminium production, comprising approx. 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.
What are the leading suppliers of aluminium to Germany?+
In value terms, the largest aluminium suppliers to Germany were the Netherlands ($861M), Russia ($754M) and Norway ($600M), together comprising 44% of total imports. The UK, Iceland, France, Austria, Mozambique, Italy, Luxembourg, South Africa, Poland and Spain lagged somewhat behind, together comprising a further 43%.
What are the leading importers of aluminium from Germany?+
In value terms, the largest markets for aluminium exported from Germany were Switzerland ($208M), Austria ($206M) and Belgium ($118M), with a combined 55% share of total exports.
What is the average export price for aluminium in Germany?+
In 2019, the average aluminium export price amounted to $2,124 per tonne, which is down by -12.1% against the previous year.
What is the average import price for aluminium in Germany?+
The average aluminium import price stood at $2,067 per tonne in 2019, waning by -13% against the previous year.
This report provides an in-depth analysis of the aluminium market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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