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Swedish exports of aluminium plates, sheets and strips log steady growth in 2016
Sweden's aluminium plates, sheets and strips export is logging a steady growth. The European nation, which quit the Eurozone last year, shipped 62251.32 tonnes of the aluminium rolled products in 2016. The total export volume was valued at US$211.7 million. Projection shows the growth will continue through 2017.
Volume-wise, aluminium plates sheets and strips export by Sweden increased 17.13 per cent year-on-year in 2016. The value of export also increased by 9.3 per cent. In 2015, total aluminium plates sheets and strips export stood at 53143.64 tonnes and was worth US$193.15 million.
In 2017, Sweden is estimated to export 61090.02 tonnes of aluminium plates, sheets and strips that would generate revenue of US$198.28 million. Sweden being a developed export-oriented economy, the revenue increase would add to its overall gross domestic product (70 per cent of our GDP comes from the export sector).
Aluminium production and downstream product manufacturing make up the majority of manufacturing in Sweden. UC Rusal operated KUBIKENBORG ALUMINIUM AB (KUBAL) is the sole producer of primary aluminium and the largest industrial facility in the country. Sapa Group, the global market leader in the development, production and sales of high-grade aluminium extruded profiles and other rolled products, also has its headquarters located in Stockholm, Sweden.
Aluminium plates, sheets and strips along with other extruded products comprise the major portfolio of Sweden’s aluminium export.Get fresh Aluminium data and insights
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