Overview of the Global Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

The global market for aluminium plates, sheets and strip of thickness over X mm fell modestly to $X in 2023, approximately equating the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the maximum level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Aluminium Plates, Sheets and Strip of Thickness over X mm

In value terms, production of aluminium plates, sheets and strip of thickness over X mm reached $X in 2023 estimated in export price. In general, the total production indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Global production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports

After two years of growth, overseas shipments of aluminium plates, sheets and strip of thickness over X mm decreased by X% to X tons in 2023. Overall, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the global exports of failed to regain momentum.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm plummeted to $X in 2023. In general, exports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China represented the key exporter of aluminium plates, sheets and strip of thickness over X mm in the world, with the volume of exports amounting to X tons, which was near X% of total exports in 2023. It was distantly followed by Turkey (X tons), Norway (X tons) and Germany (X tons), together comprising a X% share of total exports. The following exporters - Italy (X tons), Egypt (X tons), the Netherlands (X tons), Austria (X tons), South Korea (X tons), the UK (X tons) and Sweden (X tons) - together made up X% of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2023. At the same time, Egypt (X%), Sweden (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. South Korea, Norway and Austria experienced a relatively flat trend pattern. By contrast, Italy (X%), the Netherlands (X%), Germany (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey, China, Egypt and Norway increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium plate, sheet and strip of thickness over X mm supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Turkey ($X), with an X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average export price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2022, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports

In 2023, after two years of growth, there was significant decline in overseas purchases of aluminium plates, sheets and strip of thickness over X mm, when their volume decreased by X% to X tons. Over the period under review, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of global imports of remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm fell significantly to $X in 2023. Overall, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports of reached the peak figure at $X in 2022, and then dropped sharply in the following year.

Imports by Country

Germany (X tons), South Korea (X tons), Italy (X tons), the Netherlands (X tons), Poland (X tons), Japan (X tons), the UK (X tons), France (X tons), the United States (X tons), Austria (X tons), Spain (X tons) and the United Arab Emirates (X tons) represented roughly X% of total imports in 2023. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Japan (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest aluminium plate, sheet and strip of thickness over X mm importing markets worldwide were Germany ($X), the Netherlands ($X) and South Korea ($X), together comprising X% of global imports. Italy, Poland, France, Japan, the United States, the UK, Austria, Spain, the United Arab Emirates and Indonesia lagged somewhat behind, together comprising a further X%.

Japan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2023, with a decrease of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Global import price peaked at $X per ton in 2022, and then fell in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform