Aluminium Wire Price in the Czech Republic - 2023

Contents:

1. Aluminium Wire Price in the Czech Republic (CIF) - 2023
2. Aluminium Wire Price in the Czech Republic (FOB) - 2023
3. Aluminium Wire Imports in the Czech Republic
4. Aluminium Wire Exports in the Czech Republic

Aluminium Wire Price in the Czech Republic (CIF) - 2023

In July 2023, the average aluminium wire import price amounted to $3,613 per ton, reducing by -3.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 21% against the previous month. As a result, import price reached the peak level of $4,157 per ton. From May 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($6,098 per ton), while the price for Russia ($2,943 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced a decline.

Aluminium Wire Price in the Czech Republic (FOB) - 2023

The average aluminium wire export price stood at $8,007 per ton in July 2023, waning by -8.7% against the previous month. Over the period under review, the export price, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 178% m-o-m. Over the period under review, the average export prices hit record highs at $8,767 per ton in June 2023, and then shrank in the following month.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Spain ($9,646 per ton), while the average price for exports to Slovakia ($5,918 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Wire Imports in the Czech Republic

In 2022, aluminium wire imports into the Czech Republic fell to 32K tons, dropping by -11.1% on the previous year. Overall, imports saw a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 17%.

In value terms, aluminium wire imports contracted significantly to $94M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. As a result, imports reached the peak of $112M, and then declined dramatically in the following year.

Top Suppliers of Aluminium Wire to the Czech Republic in 2022:

1. Romania (7.2K tons)
2. Poland (6.4K tons)
3. Russia (3.8K tons)
4. Turkey (3.0K tons)
5. Germany (2.3K tons)
6. United States (1.5K tons)
7. Austria (1.5K tons)

Aluminium Wire Exports in the Czech Republic

In 2022, shipments abroad of aluminium wires was finally on the rise to reach 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt slump.

In value terms, aluminium wire exports stood at $8.7M in 2022. In general, exports, however, showed a deep contraction.

Top Export Markets for Aluminium Wire from the Czech Republic in 2022:

1. Sweden (273.3 tons)
2. Germany (228.3 tons)
3. Austria (185.9 tons)
4. Poland (142.7 tons)
5. United Kingdom (91.0 tons)
6. Slovakia (85.1 tons)
7. France (80.2 tons)
8. Italy (40.2 tons)
9. Belgium (30.8 tons)
10. Spain (16.4 tons)
11. Russia (0.3 tons)

Source: IndexBox Market Intelligence Platform