Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia - 2023

Contents:

  1. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia (CIF) - 2023
  2. Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia (FOB) - 2023
  3. Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia
  4. Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia (CIF) - 2023

The average import price for aluminium; alloys, bars, rods and profiles, other than hollows stood at $5,974 per ton in November 2023, rising by 5.4% against the previous month. Over the period under review, the import price, however, saw a slight setback. Over the period under review, average import prices hit record highs at $6,722 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Switzerland ($10,993 per ton), while the price for Bosnia and Herzegovina ($4,447 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 Poland (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia (FOB) - 2023

In November 2023, the average export price for aluminium; alloys, bars, rods and profiles, other than hollows amounted to $6,848 per ton, increasing by 9.7% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 17% month-to-month. Over the period under review, the average export prices hit record highs at $7,555 per ton in February 2023; however, from March 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Switzerland ($33,128 per ton), while the average price for exports to Montenegro ($6,241 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia

In 2022, supplies from abroad of aluminium; alloys, bars, rods and profiles, other than hollows decreased by -0.5% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of 10K tons, leveling off in the following year.

In value terms, imports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $67M in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.95.78.911.317.9%
Germany5.44.97.89.520.7%
Slovenia3.34.25.89.240.7%
Bosnia and Herzegovina1.82.64.86.351.8%
Spain2.72.93.85.325.2%
Slovakia3.02.34.74.716.1%
Austria3.73.66.04.13.5%
Hungary1.52.24.13.431.4%
Turkey1.21.32.63.238.7%
Poland1.82.23.53.018.6%
Bulgaria0.70.50.71.116.3%
Belgium1.20.80.81.0-5.9%
Others3.32.43.75.014.9%
Total36.635.757.267.222.5%

Top Suppliers of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow to Croatia in 2022:

  1. Slovenia (1442.7 tons)
  2. Italy (1361.5 tons)
  3. Germany (1344.2 tons)
  4. Bosnia and Herzegovina (1085.8 tons)
  5. Spain (930.1 tons)
  6. Poland (773.8 tons)
  7. Slovakia (704.0 tons)
  8. Austria (547.6 tons)
  9. Hungary (538.6 tons)
  10. Turkey (512.2 tons)
  11. Bulgaria (209.9 tons)
  12. Belgium (179.3 tons)

Exports of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia

Exports of aluminium; alloys, bars, rods and profiles, other than hollows from Croatia rose slightly to 1.3K tons in 2022, with an increase of 4.9% compared with the previous year. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aluminium; alloys, bars, rods and profiles, other than hollows surged to $10M in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8071,5572,9893,66426.6%
Slovenia1,0829671,5031,66915.5%
Austria2984378371,28862.9%
Bosnia and Herzegovina52842654889219.1%
Italy94.4130255851108.1%
Serbia2561592193005.4%
Romania85.019522329451.2%
Hungary332106287253-8.7%
Belgium239191385221-2.6%
Netherlands95.413613022032.1%
FranceN/A3.39.3142556.0%
Czech Republic206137187113-18.1%
United Kingdom9.423325.026.140.6%
Others31432757546814.2%
Total5,3465,0058,17210,40224.8%

Top Export Markets for Aluminium; Alloys, Bars, Rods and Profiles, Other than Hollow from Croatia in 2022:

  1. Germany (425.3 tons)
  2. Austria (187.7 tons)
  3. Slovenia (187.5 tons)
  4. Italy (139.3 tons)
  5. Bosnia and Herzegovina (116.7 tons)
  6. Romania (37.8 tons)
  7. Serbia (36.5 tons)
  8. Netherlands (32.2 tons)
  9. Hungary (32.1 tons)
  10. France (24.1 tons)
  11. Czech Republic (23.4 tons)
  12. Belgium (20.1 tons)
  13. United Kingdom (5.4 tons)

Source: IndexBox Market Intelligence Platform

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