Price for Aluminium; Alloys, Hollow Profiles in Finland - 2023
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Finland (FOB) - 2023
- Price for Aluminium; Alloys, Hollow Profiles in Finland (CIF) - 2023
- Exports of Aluminium; Alloys, Hollow Profiles in Finland
- Imports of Aluminium; Alloys, Hollow Profiles in Finland
Price for Aluminium; Alloys, Hollow Profiles in Finland (FOB) - 2023
The average aluminium; alloys, hollow profiles export price stood at $4,910 per ton in June 2023, falling by -6.7% against the previous month. Over the period under review, the export price saw a mild reduction. The pace of growth appeared the most rapid in November 2022 an increase of 10% against the previous month. The export price peaked at $6,122 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In June 2023, the highest price was recorded for prices to Austria ($5,704 per ton) and Canada ($5,668 per ton), while the average price for exports to Denmark ($4,389 per ton) and Sweden ($4,823 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Aluminium; Alloys, Hollow Profiles in Finland (CIF) - 2023
In June 2023, the average aluminium; alloys, hollow profiles import price amounted to $8,562 per ton, increasing by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2023 an increase of 46% month-to-month. Over the period under review, average import prices hit record highs in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($45,319 per ton), while the price for Sweden ($6,263 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in Finland
For the fourth year in a row, Finland recorded growth in shipments abroad of aluminium; alloys, hollow profileses, which increased by 1.7% to 8.3K tons in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 176% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports rose notably to $46M in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 156%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Aluminium; Alloys, Hollow Profiles in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 3.5 | 8.1 | 10.9 | 12.4 | 52.4% |
| Sweden | 2.8 | 6.3 | 7.7 | 9.9 | 52.3% |
| Germany | 1.9 | 5.6 | 10.1 | 9.8 | 72.8% |
| Estonia | 1.0 | 2.8 | 4.3 | 5.7 | 78.6% |
| Lithuania | N/A | 0.2 | 1.1 | 1.8 | 200.0% |
| Canada | N/A | N/A | 1.2 | 1.5 | 25.0% |
| Others | 1.1 | 3.8 | 7.2 | 5.2 | 67.8% |
| Total | 10.5 | 26.7 | 42.5 | 46.3 | 64.0% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Finland in 2022:
- Denmark (2.8K tons)
- Germany (2.1K tons)
- Sweden (1.5K tons)
- Estonia (1.0K tons)
- Canada (0.2K tons)
- Lithuania (0.2K tons)
Imports of Aluminium; Alloys, Hollow Profiles in Finland
In 2022, the amount of aluminium; alloys, hollow profileses imported into Finland expanded sharply to 2K tons, picking up by 11% against the previous year's figure. Overall, imports, however, saw a abrupt descent.
In value terms, aluminium; alloys, hollow profiles imports skyrocketed to $13M in 2022. In general, imports, however, recorded a abrupt contraction.
| Import of Aluminium; Alloys, Hollow Profiles in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 9.1 | 5.3 | 4.1 | 5.8 | -13.9% |
| Germany | 4.7 | 3.4 | 3.8 | 3.9 | -6.0% |
| Norway | 0.6 | 0.3 | 0.7 | 1.0 | 18.6% |
| Denmark | 0.6 | 0.3 | 0.3 | 0.6 | 0.0% |
| Italy | 2.0 | 0.5 | 0.3 | 0.4 | -41.5% |
| Netherlands | 0.2 | 0.1 | 0.8 | 0.3 | 14.5% |
| Poland | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Russia | 0.6 | 0.2 | 0.3 | 0.1 | -45.0% |
| Switzerland | 0.9 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 1.0 | 0.5 | 0.7 | 5.3% |
| Total | 19.6 | 11.1 | 11.0 | 13.1 | -12.6% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Finland in 2022:
- Sweden (909.4 tons)
- Germany (638.2 tons)
- Norway (150.7 tons)
- Denmark (60.4 tons)
- Italy (52.6 tons)
- Netherlands (45.2 tons)
- Poland (43.2 tons)
- Russia (13.1 tons)
- Switzerland (5.0 tons)
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