Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy - 2023

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy (FOB) - 2023
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy (CIF) - 2023
  3. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy
  4. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy (FOB) - 2023

In November 2023, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,197 per ton, flattening at the previous month. In general, the export price showed a slight descent. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 4.1% against the previous month. Over the period under review, the average export prices reached the peak figure at $4,797 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In November 2023, the highest price was recorded for prices to Mexico ($5,232 per ton) and the UK ($5,190 per ton), while the average price for exports to Brazil ($3,627 per ton) and Switzerland ($4,021 per ton) were amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.2%), while the prices for the other major destinations experienced a decline.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy (CIF) - 2023

In November 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,526 per ton, remaining stable against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 33% month-to-month. The import price peaked at $4,829 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($6,618 per ton), while the price for Egypt ($2,788 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy

In 2022, the amount of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s exported from Italy shrank to 259K tons, with a decrease of -6.3% against the previous year. In general, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 16%.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s surged to $1.3B in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19119434342530.6%
France11410114116112.2%
Spain10172.511114512.8%
Austria63.059.489.811120.8%
Switzerland39.040.760.373.923.7%
United Kingdom23.115.649.048.628.1%
Poland31.729.137.946.013.2%
Belgium16.412.721.629.321.3%
Netherlands15.812.916.828.922.3%
Czech Republic10.68.916.626.535.7%
United States11543.526.523.2-41.4%
Turkey11.914.219.822.523.7%
Others1471141591939.5%
Total8797191,0931,33514.9%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Italy in 2022:

  1. Germany (85.0K tons)
  2. France (29.9K tons)
  3. Spain (29.4K tons)
  4. Austria (21.5K tons)
  5. Switzerland (15.2K tons)
  6. Poland (8.8K tons)
  7. United Kingdom (8.4K tons)
  8. Belgium (6.0K tons)
  9. Czech Republic (5.5K tons)
  10. Netherlands (5.4K tons)
  11. Turkey (4.1K tons)
  12. United States (3.8K tons)

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy

Imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Italy expanded slightly to 256K tons in 2022, surging by 4.5% against 2021 figures. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $1.2B in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20816023928711.3%
China51.537.434.111932.2%
Belgium41.337.553.610636.9%
France39.639.772.789.131.0%
Switzerland43.838.663.578.921.7%
Egypt93.171.881.768.8-9.6%
Spain50.947.167.861.56.5%
Austria43.736.652.060.611.5%
Sweden18.514.434.246.936.4%
Turkey27.025.731.844.918.5%
Romania16.313.818.940.435.3%
Slovenia9.88.516.230.045.2%
Hungary13.99.318.027.225.1%
Others10385.213913810.2%
Total7616269221,19816.3%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Italy in 2022:

  1. Germany (65.3K tons)
  2. China (27.9K tons)
  3. Belgium (22.6K tons)
  4. France (19.4K tons)
  5. Egypt (17.4K tons)
  6. Switzerland (16.3K tons)
  7. Spain (12.9K tons)
  8. Austria (10.0K tons)
  9. Sweden (9.3K tons)
  10. Turkey (9.2K tons)
  11. Slovenia (7.3K tons)
  12. Romania (6.7K tons)
  13. Hungary (5.7K tons)

Source: IndexBox Market Intelligence Platform

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