Price for Aluminium; Alloys, Hollow Profiles in Belgium - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Belgium (CIF) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Belgium (FOB) - 2023
- Imports of Aluminium; Alloys, Hollow Profiles in Belgium
- Exports of Aluminium; Alloys, Hollow Profiles in Belgium
Price for Aluminium; Alloys, Hollow Profiles in Belgium (CIF) - 2023
The average aluminium; alloys, hollow profiles import price stood at $4,888 per ton in June 2023, shrinking by -4.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 14% against the previous month. The import price peaked at $6,571 per ton in January 2023; however, from February 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,839 per ton), while the price for Russia ($3,291 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Belgium (FOB) - 2023
The average aluminium; alloys, hollow profiles export price stood at $7,296 per ton in June 2023, dropping by -9.6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 27% against the previous month. The export price peaked at $8,436 per ton in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($18,568 per ton), while the average price for exports to France ($5,142 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in Belgium
In 2022, after three years of growth, there was significant decline in overseas purchases of aluminium; alloys, hollow profileses, when their volume decreased by -21.9% to 34K tons. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, imports reached the peak of 43K tons, and then reduced markedly in the following year.
In value terms, aluminium; alloys, hollow profiles imports rose significantly to $170M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Aluminium; Alloys, Hollow Profiles in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 16.6 | 14.6 | 30.3 | 38.8 | 32.7% |
| Italy | 27.9 | 20.9 | 31.8 | 35.2 | 8.1% |
| Germany | 26.4 | 22.4 | 29.3 | 24.8 | -2.1% |
| Poland | 10.3 | 12.6 | 14.3 | 24.6 | 33.7% |
| France | 8.4 | 14.1 | 14.9 | 14.4 | 19.7% |
| Austria | 11.7 | 10.3 | 21.8 | 10.3 | -4.2% |
| Netherlands | 5.7 | 7.0 | 6.2 | 5.2 | -3.0% |
| Others | 6.5 | 5.4 | 10.8 | 16.6 | 36.7% |
| Total | 113 | 107 | 159 | 170 | 14.6% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Belgium in 2022:
- Spain (7.8K tons)
- Italy (7.1K tons)
- Poland (4.8K tons)
- Germany (4.5K tons)
- France (2.7K tons)
- Austria (2.2K tons)
- Netherlands (1.7K tons)
Exports of Aluminium; Alloys, Hollow Profiles in Belgium
Aluminium; alloys, hollow profiles exports from Belgium reduced to 20K tons in 2022, which is down by -13.2% compared with the year before. In general, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.
In value terms, aluminium; alloys, hollow profiles exports rose rapidly to $142M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Aluminium; Alloys, Hollow Profiles in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 32.6 | 26.0 | 28.4 | 31.0 | -1.7% |
| France | 20.3 | 17.1 | 18.9 | 21.5 | 1.9% |
| United Kingdom | 10.1 | 9.3 | 12.2 | 11.5 | 4.4% |
| Italy | 2.6 | 3.6 | 6.6 | 11.0 | 61.7% |
| United States | 3.2 | 1.9 | 2.2 | 5.8 | 21.9% |
| Bulgaria | 3.7 | 4.0 | 4.6 | 5.7 | 15.5% |
| Romania | 4.1 | 5.2 | 5.6 | 5.2 | 8.2% |
| Switzerland | 4.3 | 4.0 | 4.5 | 5.2 | 6.5% |
| Germany | 23.8 | 5.4 | 7.8 | 5.0 | -40.6% |
| Portugal | 1.4 | 1.5 | 3.3 | 3.3 | 33.1% |
| Ireland | 3.3 | 2.7 | 3.3 | 3.3 | 0.0% |
| Poland | 5.2 | 4.0 | 5.2 | 2.8 | -18.6% |
| Turkey | 0.8 | 0.8 | 1.6 | 2.4 | 44.2% |
| Others | 17.7 | 21.0 | 28.7 | 28.2 | 16.8% |
| Total | 133 | 107 | 133 | 142 | 2.2% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Belgium in 2022:
- France (5.5K tons)
- Netherlands (4.2K tons)
- United Kingdom (1.9K tons)
- Romania (0.7K tons)
- Germany (0.7K tons)
- Switzerland (0.7K tons)
- United States (0.6K tons)
- Portugal (0.6K tons)
- Bulgaria (0.6K tons)
- Ireland (0.5K tons)
- Turkey (0.4K tons)
- Italy (0.4K tons)
- Poland (0.4K tons)
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