Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia - 2022

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia (CIF) - 2022
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia (CIF) - 2022

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $6,433 per ton, growing by 5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2016 an increase of 21%. As a result, import price attained the peak level of $7,001 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($12,857 per ton), while the price for Turkey ($2,437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $3,425 per ton, rising by 21% against the previous year. Over the period under review, the export price showed a moderate expansion. The growth pace was the most rapid in 2013 when the average export price increased by 95%. The export price peaked at $9,066 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Canada ($16,933 per ton), while the average price for exports to Tanzania totaled $2,474 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Ethiopia fell to 213 tons in 2022, declining by -6.9% on 2021. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 12%.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds declined modestly to $1.4M in 2022. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.

Top Suppliers of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled to Ethiopia in 2022:

1. China (92.1 tons)
2. United Arab Emirates (49.9 tons)
3. India (43.2 tons)
4. Turkey (8.2 tons)
5. Netherlands (6.2 tons)
6. Saudi Arabia (5.3 tons)

Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ethiopia

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Ethiopia fell dramatically to 228 kg in 2022, waning by -47.3% against the year before. In general, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 39%.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds fell sharply to $781 in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -24.2% was in 2021.

Top Export Markets for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled from Ethiopia in 2022:

1. Tanzania (213.0 kg)
2. Canada (15.0 kg)

Source: IndexBox Market Intelligence Platform