Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia - 2023

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,856 per ton, jumping by 43% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms increased by +67.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Slovenia ($6,582 per ton) and Austria ($5,984 per ton), while the price for Germany ($5,563 per ton) and Spain ($5,857 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia (FOB) - 2022

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $4,610 per ton in 2022, picking up by 25% against the previous year. Overall, the export price, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the maximum at $6,971 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kosovo ($6,098 per ton), while the average price for exports to Bosnia and Herzegovina ($4,348 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 Kosovo (+45.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia

In 2022, overseas purchases of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -50.5% to 144 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms reduced sharply to $842K in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, imports attained the peak of $1.2M, and then shrank notably in the following year.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2333123073069.5%
Germany72.711967.423948.7%
Austria22.816.847.918199.5%
Slovenia58.082.919011124.2%
Slovakia46.845.974.80.1-87.1%
PolandN/A68.1422N/A519.7%
Others76.274.983.44.9-59.9%
Total5107191,19284218.2%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Croatia in 2022:

  1. Spain (52.3 tons)
  2. Germany (42.9 tons)
  3. Austria (30.2 tons)
  4. Slovenia (16.9 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia

Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Croatia fell markedly to 36 tons in 2022, shrinking by -44.1% compared with the previous year. In general, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,599%. As a result, the exports attained the peak of 65 tons, and then dropped notably in the following year.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms fell remarkably to $168K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,512%. As a result, the exports reached the peak of $240K, and then declined remarkably in the following year.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina15.62.8219131103.3%
KosovoN/AN/A17.019.917.1%
Slovenia25.13.94.114.1-17.5%
Others0.8N/A0.23.055.4%
Total41.46.724016859.5%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Croatia in 2022:

  1. Bosnia and Herzegovina (30.1 tons)
  2. Kosovo (3.3 tons)
  3. Slovenia (2.6 tons)

Source: IndexBox Market Intelligence Platform

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