NewsDownstreamUK’s export of aluminium plates, sheets and strips is on a downtrend YoY
13 JUNE 2017AlCircle.com

UK’s export of aluminium plates, sheets and strips is on a downtrend YoY

Edited by : Heena Iqbal
2 min read
UK’s export of aluminium plates, sheets and strips is on a downtrend YoY
<p>The global demand for aluminium sheet is rapidly rising as the vehicle manufacturers are opting for aluminium in their products. &nbsp;Europe is the major market for automotive aluminium sheet in the world. The demand stood at 1 million tons in 2015, and is expected to reach 1.7 million tons by 2020.</p> <p>{newsStudioGallery}</p> <p>According to the recent estimate, UK registered a fall in export of aluminium plates, sheets and strips year-over-year. In 2017, the country is estimated to export less of aluminium plates, sheets and strips compared to last couple of years.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/UK%20tonnes.png" alt="news" width="492" height="294" /></p> <p>In 2015, UK exported&nbsp;154979 tonnes&nbsp;of aluminium plates, sheets and strips. UK exported an estimated&nbsp;135447 tonnes&nbsp;of aluminium plates, sheets and strips in 2016. The country is estimated to export 132677 tonnes of aluminium plates, sheets and strips in 2017.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/vALUE.png" alt="news" width="492" height="285" /></p> <p>Revenues from export of aluminium plates, sheets and strips have also dropped year-on-year. UK earned USD 584.58 million from aluminium plates, sheets and strips export in 2015. The total revenue from the export amounted to&nbsp;USD 463.60 million in 2016. In 2017, total revenue from aluminium plates, sheets and strips export is estimated to reach USD 428.89 million.</p> <p>{googleAdsense}</p> <p>In 2026, the country exported the largest part of aluminium plates, sheets and strips to France (33387 tonnes), Germany (24766 tonnes) and India (11169 tonnes).</p>

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