Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania - 2023

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania (CIF) - 2023
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania (FOB) - 2023
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania (CIF) - 2023

In November 2023, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,140 per ton, remaining relatively unchanged against the previous month. In general, the import price recorded a mild slump. The pace of growth appeared the most rapid in February 2023 an increase of 18% month-to-month. Over the period under review, average import prices hit record highs at $5,007 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($6,232 per ton), while the price for Bulgaria ($1,646 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 Bulgaria (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania (FOB) - 2023

In November 2023, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $4,825 per ton, falling by -5.2% against the previous month. Over the period under review, the export price saw a slight decline. The growth pace was the most rapid in April 2023 when the average export price increased by 23% m-o-m. As a result, the export price attained the peak level of $6,327 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In November 2023, the highest price was recorded for prices to Germany ($5,947 per ton) and Belarus ($5,209 per ton), while the average price for exports to Ukraine ($3,967 per ton) and Latvia ($4,468 per ton) were amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania

In 2022, overseas purchases of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -14.3% to 7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 8.2% against the previous year. As a result, imports attained the peak of 8.2K tons, and then dropped in the following year.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $33M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland5.95.97.311.324.2%
Germany6.04.87.15.4-3.5%
China1.71.71.62.919.5%
Turkey1.10.72.22.531.5%
Sweden1.21.82.92.222.4%
Denmark0.81.02.61.933.4%
Belgium0.40.41.11.555.4%
Spain1.20.81.01.32.7%
Russia0.50.50.80.921.6%
FranceN/AN/A0.70.814.3%
Norway0.40.30.50.720.5%
Latvia0.10.30.70.226.0%
Others1.51.72.61.98.2%
Total20.819.831.033.417.1%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Lithuania in 2022:

  1. Poland (2478.2 tons)
  2. Germany (1106.3 tons)
  3. China (746.1 tons)
  4. Turkey (534.9 tons)
  5. Sweden (367.9 tons)
  6. Denmark (314.5 tons)
  7. France (296.9 tons)
  8. Belgium (264.4 tons)
  9. Russia (173.1 tons)
  10. Spain (167.2 tons)
  11. Norway (112.5 tons)
  12. Latvia (81.8 tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania

Exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s from Lithuania skyrocketed to 3K tons in 2022, growing by 16% against 2021 figures. The total export volume increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s skyrocketed to $18M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 51%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus0.1N/A0.24.8263.4%
Latvia4.04.16.54.75.5%
Estonia1.52.64.73.127.4%
Kazakhstan0.30.10.13.0115.4%
Russia1.51.11.61.4-2.3%
Sweden0.10.10.10.458.7%
Poland0.1N/A0.20.344.2%
Ukraine0.70.70.50.1-47.7%
Others0.30.60.30.410.1%
Total8.69.414.118.228.4%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Lithuania in 2022:

  1. Belarus (889.6 tons)
  2. Latvia (818.5 tons)
  3. Kazakhstan (528.1 tons)
  4. Estonia (426.8 tons)
  5. Russia (160.0 tons)
  6. Sweden (53.4 tons)
  7. Poland (47.6 tons)
  8. Ukraine (25.1 tons)

Source: IndexBox Market Intelligence Platform

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