Scandinavia: Aluminium Bar Market 2025

Aluminium Bar Market Size in Scandinavia

The Scandinavia aluminium bar market rose sharply to $X in 2021, with an increase of 10% against the previous year. Over the period under review, consumption recorded a buoyant increase. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2021.

Aluminium Bar Production in Scandinavia

In value terms, aluminium bar production skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Aluminium Bar Exports

Exports in Scandinavia

In 2021, overseas shipments of aluminium bars, rods and profiles increased by 8.9% to X tons for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -26.7% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 62% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, aluminium bar exports skyrocketed to $X in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Sweden (X tons), distantly followed by Denmark (X tons), Norway (X tons), Finland (X tons) and Iceland (X tons) were the major exporters of aluminium bars, rods and profiles, together making up 100% of total exports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +4.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) were the countries with the highest levels of exports in 2021, together comprising 81% of total exports.

Sweden, with a CAGR of +5.4%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, surging by 32% against the previous year. Over the period under review, the export price continues to indicate a slight increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Denmark ($X per ton) and Sweden ($X per ton), while Norway ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (+30.1%), while the other leaders experienced more modest paces of growth.

Aluminium Bar Imports

Imports in Scandinavia

In 2021, approx. X tons of aluminium bars, rods and profiles were imported in Scandinavia; growing by 18% on the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern 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.

In value terms, aluminium bar imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X tons) and Denmark (X tons) represented the largest importers of aluminium bars, rods and profiles in 2021, resulting at near 37% and 37% of total imports, respectively. Norway (X tons) ranks next in terms of the total imports with a 17% share, followed by Finland (6.4%). Iceland (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Iceland (with a CAGR of +10.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Norway ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 90% of total imports. These countries were followed by Finland and Iceland, which together accounted for a further 9.7%.

Iceland, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, jumping by 19% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per ton) and Finland ($X per ton), while Sweden ($X per ton) and Iceland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+0.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform