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Aug 10, 2024

Germany Sees 24% Drop in Aluminium and Titanium Imports, Down to $6.6B in 2023

Germany Aluminium and Titanium Imports

In 2023, after two years of growth, there was significant decline in purchases abroad of aluminium and titanium, when their volume decreased by -11.7% to 2.3M tons. Overall, imports saw a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Imports peaked at 2.7M tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, aluminium and titanium imports plummeted to $6.6B (IndexBox estimates) in 2023. Over the period under review, imports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Imports peaked at $8.7B in 2022, and then fell significantly in the following year.Germany Aluminium and Titanium Imports By Country (Million USD)

COUNTRYImport Value of Aluminium and Titanium in Germany (million USD)
20132014201520162017201820192020202120222023
Netherlands1,2251,1389489061,0381,1707771,5252,5553,6732,743
United Arab Emirates377469470491583604539283393685692
France307318385312435363320292544577449
Austria320346349333308312261248346468445
United Kingdom480548449378430428374293483665410
India0.618.20.60.19.315.62.34.725.0174242
Italy199234181145168193128109210299228
Russia568824701596677891688230452397160
Norway76084263056763362054029.664.852.120.0
Others1,7321,6281,3891,2291,4311,6111,4997951,1691,6781,191
Total5,9686,3655,5024,9565,7116,2075,1283,8106,2418,6686,581

Imports by Country

In 2023, the Netherlands (932K tons) constituted the largest supplier of aluminium and titanium to Germany, accounting for a 41% share of total imports. Moreover, aluminium and titanium imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (234K tons), fourfold. The third position in this ranking was taken by France (156K tons), with a 6.9% share.

From 2013 to 2023, the average annual rate of growth in terms of volume from the Netherlands stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+3.7% per year) and France (+1.8% per year).

In value terms, the Netherlands ($2.7B) constituted the largest supplier of aluminium and titanium to Germany, comprising 42% of total imports. The second position in the ranking was taken by the United Arab Emirates ($692M), with an 11% share of total imports. It was followed by France, with a 6.8% share.

From 2013 to 2023, the average annual rate of growth in terms of value from the Netherlands totaled +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.2% per year) and France (+3.9% per year).

Imports by Type

In 2023, aluminum and alloys (2.3M tons) was the main type of aluminium and titanium supplied to Germany, accounting for a 100% share of total imports. It was followed by titanium sponge, powders, ingots and slabs (2.9K tons), with a 0.1% share of total imports.

From 2013 to 2023, the average annual rate of growth in terms of the volume of aluminum and alloys imports amounted to -1.2%.

In value terms, aluminum and alloys ($6.5B) constituted the largest type of aluminium and titanium supplied to Germany, comprising 99% of total imports. The second position in the ranking was taken by titanium sponge, powders, ingots and slabs ($49M), with a 0.7% share of total imports.

Import Prices by Country

In 2023, the aluminium and titanium price amounted to $2,920 per ton (CIF, Germany), waning by -14% against the previous year. Overall, import price indicated a notable increase from 2013 to 2023: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, aluminium and titanium import price increased by +48.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $3,396 per ton in 2022, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Norway ($4,202 per ton), while the price for Russia ($2,644 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Norway (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

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    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
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    Choosing the Best Countries to Boost Your Exports

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    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
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  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
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  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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