Serbia: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2025

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Serbia

After three years of decline, the Serbian market for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% to $X in 2022. In general, consumption, however, recorded a pronounced setback. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in Serbia

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm reached $X in 2022 estimated in export price. In general, production, however, saw resilient growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production of attained the peak level in 2022 and is likely to continue growth in the immediate term.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Serbia

In 2022, approx. X tons of aluminium alloy plates, sheets and strip of thickness over X mm were exported from Serbia; falling by X% compared with the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm rose rapidly to $X in 2022. Overall, total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), Slovenia (X tons) and the Czech Republic (X tons) were the main destinations of exports of aluminium alloy plates, sheets and strip of thickness over X mm from Serbia, with a combined X% share of total exports. Italy, Russia, France, Poland, the Netherlands, Austria, Denmark, Spain, Kazakhstan and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for aluminium alloy plates, sheets and strip of thickness over X mm exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Slovenia ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, rising by X% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Kazakhstan ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Serbia

Imports of aluminium alloy plates, sheets and strip of thickness over X mm into Serbia surged to X tons in 2022, jumping by X% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm skyrocketed to $X in 2022. In general, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Greece (X tons), Germany (X tons) and China (X tons) were the main suppliers of imports of aluminium alloy plates, sheets and strip of thickness over X mm to Serbia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Greece ($X), Germany ($X) and China ($X) were the largest aluminium alloy plate, sheet and strip of thickness over X mm suppliers to Serbia, with a combined X% share of total imports.

Greece, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average import price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium alloy plates, sheets and strip of thickness over X mm increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform