Ireland: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Ireland

In 2020, the Irish unwrought aluminium alloys market decreased by -X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Unwrought Aluminium Alloys Production in Ireland

In value terms, unwrought aluminium alloys production dropped slightly to $X in 2020 estimated in export prices. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Unwrought Aluminium Alloys Exports

Exports from Ireland

For the fifth consecutive year, Ireland recorded growth in overseas shipments of unwrought aluminium alloys, which increased by X% to X tons in 2020. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2020 and are likely to see gradual growth in years to come.

In value terms, unwrought aluminium alloys exports stood at $X in 2020. In general, exports showed a pronounced decrease. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Germany (X tons) was the main destination for unwrought aluminium alloys exports from Ireland, accounting for a X% share of total exports. Moreover, unwrought aluminium alloys exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany totaled +X%.

In value terms, Germany ($X) remains the key foreign market for unwrought aluminium alloys exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Germany amounted to +X%.

Export Prices by Country

In 2020, the average unwrought aluminium alloys export price amounted to $X per ton, which is down by -X% against the previous year. Overall, the export price continues to indicate a perceptible downturn. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was the UK ($X per ton), while the average price for exports to Germany totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Unwrought Aluminium Alloys Imports

Imports into Ireland

In 2020, approx. X tons of unwrought aluminium alloys were imported into Ireland; shrinking by -X% on 2019. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, unwrought aluminium alloys imports declined remarkably to $X in 2020. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the UK (X tons) constituted the largest unwrought aluminium alloys supplier to Ireland, accounting for a X% share of total imports. Moreover, unwrought aluminium alloys imports from the UK exceeded the figures recorded by the second-largest supplier, Norway (X tons), fivefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-X% per year) and the U.S. (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of unwrought aluminium alloys to Ireland, comprising X% of total imports. The second position in the ranking was occupied by Norway ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the UK totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average unwrought aluminium alloys import price stood at $X per ton in 2020, shrinking by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

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