Europe: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2024

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

In 2023, after two years of growth, there was significant decline in the Europe market for aluminium alloy plates, sheets and strip of thickness over X mm, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then shrank in the following year.

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

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm dropped to $X in 2023 estimated in export price. Overall, production, however, saw mild growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. The level of production peaked at $X in 2022, and then declined in the following year.

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

Exports in Europe

Exports of aluminium alloy plates, sheets and strip of thickness over X mm reduced modestly to X tons in 2023, declining by X% compared with the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm declined to $X in 2023. Total exports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2022, and then declined in the following year.

Exports by Country

Germany represented the major exporting country with an export of around X tons, which resulted at X% of total exports. France (X tons) ranks second in terms of the total exports with a X% share, followed by Switzerland (X%), Greece (X%), Italy (X%), Belgium (X%) and Austria (X%). The following exporters - Spain (X tons), Russia (X tons), the UK (X tons), the Netherlands (X tons), Norway (X tons) and Sweden (X tons) - together made up X% of total exports.

Exports from Germany increased at an average annual rate of X% from 2012 to 2023. At the same time, Spain (X%), Switzerland (X%), the UK (X%), Greece (X%), the Netherlands (X%), Italy (X%), Austria (X%), Sweden (X%), France (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. Norway and Russia experienced a relatively flat trend pattern. While the share of Spain (X p.p.) and Switzerland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Germany stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Greece (X% per year).

Export Prices by Country

The export price in Europe stood at $X per ton in 2023, declining by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2022, and then contracted in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, major exporting countries recorded the following prices: in Austria ($X per ton) and the Netherlands ($X per ton), while Switzerland ($X per ton) and Greece ($X per ton) were amongst the lowest.

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

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

Imports in Europe

After two years of growth, purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm decreased by X% to X tons in 2023. Total imports indicated a temperate increase from 2012 to 2023: its volume 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. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2022, and then contracted in the following year.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm fell remarkably to $X in 2023. Total imports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then declined sharply in the following year.

Imports by Country

In 2023, Germany (X tons), distantly followed by the UK (X tons), France (X tons), Poland (X tons), Spain (X tons), Italy (X tons), Austria (X tons), the Netherlands (X tons) and Belgium (X tons) represented the main importers of aluminium alloy plates, sheets and strip of thickness over X mm, together achieving X% of total imports. The following importers - Switzerland (X tons), the Czech Republic (X tons), Hungary (X tons) and Slovakia (X tons) - each recorded a X% share of total imports.

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

In value terms, the largest aluminium alloy plate, sheet and strip of thickness over X mm importing markets in Europe were Germany ($X), the UK ($X) and France ($X), with a combined X% share of total imports. Poland, Spain, Italy, the Netherlands, Austria, Belgium, the Czech Republic, Switzerland, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, reducing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Italy ($X per ton), while Slovakia ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform