Czech Republic: Aluminium Bar Market 2024

Aluminium Bar Market Size in the Czech Republic

The Czech aluminium bar market soared to $X in 2021, growing by 29% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +28.9% against 2018 indices. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in years to come.

Aluminium Bar Production in the Czech Republic

In value terms, aluminium bar production contracted to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 59%. Aluminium bar production peaked at $X in 2020, and then dropped in the following year.

Aluminium Bar Exports

Exports from the Czech Republic

After three years of decline, shipments abroad of aluminium bars, rods and profiles increased by 24% to X tons in 2021. The total export volume increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when exports increased by 33%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, aluminium bar exports surged to $X in 2021. The total export value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for aluminium bar exports from the Czech Republic, with a 48% share of total exports. Moreover, aluminium bar exports to Germany exceeded the volume sent to the second major destination, France (X tons), fivefold. The third position in this ranking was held by Slovakia (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.0% per year) and Slovakia (+5.1% per year).

In value terms, Germany ($X) remains the key foreign market for aluminium bars, rods and profiles exports from the Czech Republic, comprising 44% of total exports. The second position in the ranking was held by France ($X), with a 9.1% share of total exports. It was followed by Slovakia, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.8% per year) and Slovakia (+7.2% per year).

Export Prices by Country

The average aluminium bar export price stood at $X per ton in 2021, rising by 11% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The export price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Bar Imports

Imports into the Czech Republic

Aluminium bar imports into the Czech Republic skyrocketed to X tons in 2021, increasing by 31% on 2020 figures. In general, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium bar imports skyrocketed to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of aluminium bar imports to the Czech Republic, with a combined 52% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +18.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Turkey ($X) appeared to be the largest aluminium bar suppliers to the Czech Republic, with a combined 55% share of total imports.

Turkey, with a CAGR of +19.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium bar import price stood at $X per ton in 2021, jumping by 18% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Greece (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :