Aluminium Wire Price in Ireland - 2023

Contents:

1. Aluminium Wire Price in Ireland (CIF) - 2022
2. Aluminium Wire Price in Ireland (FOB) - 2022
3. Aluminium Wire Imports in Ireland
4. Aluminium Wire Exports in Ireland

Aluminium Wire Price in Ireland (CIF) - 2022

In 2022, the average aluminium wire import price amounted to $4,252 per ton, declining by -16.3% against the previous year. Overall, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2018 an increase of 11%. The import price peaked at $5,910 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($10,026 per ton), while the price for Austria ($2,514 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Wire Price in Ireland (FOB) - 2022

In 2022, the average aluminium wire export price amounted to $10,177 per ton, jumping by 23% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $12,518 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($114,006 per ton), while the average price for exports to Slovakia ($1,422 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Wire Imports in Ireland

In 2022, aluminium wire imports into Ireland skyrocketed to 142 tons, rising by 34% on the year before. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium wire imports rose rapidly to $605K in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern.

Top Suppliers of Aluminium Wire to Ireland in 2022:

1. Austria (86.1 tons)
2. United States (12.9 tons)
3. Sweden (9.5 tons)
4. China (8.1 tons)
5. Slovakia (7.1 tons)
6. Portugal (5.0 tons)
7. Germany (4.6 tons)
8. United Kingdom (3.3 tons)

Aluminium Wire Exports in Ireland

In 2022, the amount of aluminium wires exported from Ireland dropped rapidly to 2.8 tons, declining by -59.3% compared with the previous year. In general, exports showed a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 34,770% against the previous year. As a result, the exports attained the peak of 7 tons, and then declined dramatically in the following year.

In value terms, aluminium wire exports contracted sharply to $29K in 2022. Overall, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 34,782%.

Top Export Markets for Aluminium Wire from Ireland in 2022:

1. United Kingdom (1585.0 kg)
2. Spain (383.0 kg)
3. United States (377.0 kg)
4. Slovakia (192.0 kg)
5. Netherlands (131.0 kg)
6. Mexico (101.0 kg)
7. Germany (22.0 kg)

Source: IndexBox Market Intelligence Platform