Aluminium Wire Price in Luxembourg - 2023

Contents:

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

Aluminium Wire Price in Luxembourg (CIF) - 2022

In 2022, the average aluminium wire import price amounted to $4,685 per ton, waning by -3.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 24% against the previous year. Over the period under review, average import prices reached the peak figure at $4,864 per ton in 2021, and then declined modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($8,689 per ton), while the price for the UK ($3,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Wire Price in Luxembourg (FOB) - 2022

In 2022, the average aluminium wire export price amounted to $2,014 per ton, which is down by -77% against the previous year. Over the period under review, the export price, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 181% against the previous year. The export price peaked at $8,758 per ton in 2021, and then reduced markedly in the following year.

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 France ($3,975 per ton), while the average price for exports to Spain amounted to $1,988 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.8%).

Aluminium Wire Imports in Luxembourg

In 2022, after two years of decline, there was significant growth in supplies from abroad of aluminium wires, when their volume increased by 33% to 65 tons. Over the period under review, imports, however, saw a dramatic downturn.

In value terms, aluminium wire imports soared to $304K in 2022. Overall, imports, however, recorded a significant decline.

Top Suppliers of Aluminium Wire to Luxembourg in 2022:

1. Belgium (20.7 tons)
2. United Kingdom (13.1 tons)
3. Germany (11.5 tons)
4. Spain (8.4 tons)
5. Netherlands (5.3 tons)
6. Denmark (2.4 tons)
7. Czech Republic (1.3 tons)
8. France (0.9 tons)

Aluminium Wire Exports in Luxembourg

In 2022, overseas shipments of aluminium wires were finally on the rise to reach 2.8 tons after two years of decline. In general, exports, however, saw a sharp decline.

In value terms, aluminium wire exports amounted to $5.7K in 2022. Overall, exports, however, continue to indicate a sharp decrease.

Top Export Markets for Aluminium Wire from Luxembourg in 2022:

1. Spain (2805.0 kg)
2. France (25.0 kg)

Source: IndexBox Market Intelligence Platform