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12 JULY 2019 AL CIRCLE

France’s aluminium bar rods and profiles import from Spain estimated to grow 6% YoY in 2019

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Aluminium bar rods and profiles market has been fairing high across the globe over the past few years, thankfully due to massive infrastructural advancements and refurbishment. By 2020 global aluminium extrusions market for the building and construction sector are likely to account for almost 74 percent of the overall market share to continue its dominance as the key revenue generator.

The global export-import data reveals that amidst the uptrend of aluminium bar rods and profiles market, France’s import of the product is seeing a continued year-on-year rise. Its import from Spain, which is one of its key aluminium bar rods and profiles suppliers, is also growing both in terms of volume and cost. Let us now see how France’s aluminium bars rods and profile import from Spain is trending since 2016.

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France's aluminium bar rods and profiles import from Spain

As you can see in the above graph that the country’s estimated import from Spain in 2016 was at 50,455 tonnes. In 2017, the volume jumped 81 per cent year on year to come in at 91,353 tonnes, and 13.26 per cent year on year to 103,468 tonnes in 2018. This trend is likely to continue even this year as well. The available data suggests that in 2019, France’s aluminium bar rods and profiles import from Spain is likely to stand at 109,893 tonnes, up 6.20 per cent from the previous year.

Aluminium LeaderSpeak

Germany and Belgium are the two other important suppliers of aluminium bar rods and profiles to France. In 2019, they are estimated to provide 29,669 tonnes and 24,578 tonnes, compared to 27,419 tonnes and 23,675 tonnes in 2018.

Now coming to the import cost, France’s aluminium bar rods and profiles import value from Spain had totalled at US$157 million, which in 2017 and 2018 increased to US$287 million and US$329 million, up 83 per cent and 15 per cent year on year. According to the data, this year the cost is likely to hover at US$359 million, up 9.11 per cent from 2018.

France's aluminium bar rods and profiles import cost from Spain

Imports from Germany and Belgium are likely to be amounted at US$141 million and US$78 million this year, up 14 per cent and 8.3 per cent from US$124 million and US$72 million in 2018.


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EDITED BY : DEBANJALI SENGUPTA 2MINS READ

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