India - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Foil Price in India - 2023
Contents:
- Aluminium Foil Price in India (CIF) - 2023
- Aluminium Foil Price in India (FOB) - 2023
- Aluminium Foil Imports in India
- Aluminium Foil Exports in India
Aluminium Foil Price in India (CIF) - 2023
In September 2023, the average aluminium foil import price amounted to $3,594 per ton, remaining stable against the previous month. Over the period under review, the import price saw a perceptible downturn. The pace of growth was the most pronounced in March 2023 an increase of 4.5% month-to-month. The import price peaked at $4,717 per ton in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Malaysia ($3,820 per ton), while the price for Thailand ($3,311 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-1.1%), while the prices for the other major suppliers experienced a decline.
Aluminium Foil Price in India (FOB) - 2023
The average aluminium foil export price stood at $4,877 per ton in September 2023, approximately mirroring the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 4.5% m-o-m. The export price peaked at $5,449 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Kenya ($5,487 per ton), while the average price for exports to Poland ($3,622 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (-0.6%), while the prices for the other major destinations experienced a decline.
Aluminium Foil Imports in India
In 2022, approx. 194K tons of aluminium foil were imported into India; jumping by 16% on the previous year. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium foil imports soared to $899M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Aluminium Foil in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 354 | 261 | 353 | 478 | 10.5% |
Thailand | 62.1 | 73.8 | 131 | 262 | 61.6% |
Malaysia | 31.6 | 15.7 | 19.6 | 35.4 | 3.9% |
Belgium | 19.5 | 17.3 | 23.5 | 26.7 | 11.0% |
South Korea | 35.8 | 28.4 | 34.2 | 22.2 | -14.7% |
Others | 89.7 | 64.5 | 83.5 | 74.6 | -6.0% |
Total | 593 | 461 | 644 | 899 | 14.9% |
Top Suppliers of Aluminium Foil to India in 2022:
- China (111.8K tons)
- Thailand (54.9K tons)
- Malaysia (8.0K tons)
- Belgium (4.1K tons)
- South Korea (4.1K tons)
Aluminium Foil Exports in India
For the fourth consecutive year, India recorded growth in shipments abroad of aluminium foil, which increased by 46% to 49K tons in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium foil exports skyrocketed to $275M in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Aluminium Foil in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.9 | 14.6 | 34.4 | 95.5 | 100.2% |
Bangladesh | 16.6 | 16.0 | 17.6 | 29.9 | 21.7% |
Italy | 0.2 | 0.5 | 4.7 | 24.3 | 395.3% |
United Kingdom | 3.5 | 4.2 | 2.9 | 8.4 | 33.9% |
Belgium | N/A | 2.0 | 5.9 | 7.7 | 96.2% |
Nepal | 4.1 | 3.6 | 6.4 | 7.5 | 22.3% |
Egypt | 3.0 | 3.9 | 6.4 | 7.4 | 35.1% |
United Arab Emirates | 3.5 | 3.6 | 6.9 | 6.9 | 25.4% |
Netherlands | 1.9 | 1.3 | 2.5 | 5.9 | 45.9% |
Kenya | 2.9 | 3.0 | 4.1 | 4.9 | 19.1% |
Nigeria | 5.5 | 6.1 | 6.2 | 3.2 | -16.5% |
Others | 56.9 | 50.8 | 59.0 | 73.9 | 9.1% |
Total | 110 | 110 | 157 | 275 | 35.7% |
Top Export Markets for Aluminium Foil from India in 2022:
- United States (18.0K tons)
- Bangladesh (5.1K tons)
- Italy (4.2K tons)
- United Kingdom (1.9K tons)
- Belgium (1.4K tons)
- United Arab Emirates (1.3K tons)
- Nepal (1.3K tons)
- Egypt (1.2K tons)
- Netherlands (1.1K tons)
- Kenya (0.7K tons)
- Nigeria (0.5K tons)
This report provides an in-depth analysis of the aluminium foil market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium foil market in India.
This report provides an in-depth analysis of the global aluminium foil market.
This report provides an in-depth analysis of the aluminium foil market in India.
This report provides an in-depth analysis of the global aluminium foil market.
In July 2023, Aluminium Foil saw its most rapid growth yet, with a 29% increase compared to the previous month. By November 2023, imports of aluminium foil had decreased in value to $59M.
In February 2023, the aluminium foil price stood at $3,875 per ton (CIF, India), with a decrease of -4.3% against the previous month.
Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.
Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.
In July 2023, Aluminium Foil saw its most rapid growth yet, with a 29% increase compared to the previous month. By November 2023, imports of aluminium foil had decreased in value to $59M.
In February 2023, the aluminium foil price stood at $3,875 per ton (CIF, India), with a decrease of -4.3% against the previous month.
Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.
Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.