Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan - 2023

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan (FOB) - 2023
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan (CIF) - 2023
3. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan
4. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan (FOB) - 2023

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $21,605 per ton in November 2023, remaining relatively unchanged against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 11% against the previous month. Over the period under review, the average export prices attained the maximum at $24,356 per ton in March 2023; however, from April 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($28,277 per ton), while the average price for exports to Brazil ($16,716 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Japan (CIF) - 2023

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $13,298 per ton in November 2023, with a decrease of -12.4% against the previous month. In general, the import price continues to indicate a slight reduction. The growth pace was the most rapid in May 2023 an increase of 34% month-to-month. As a result, import price reached the peak level of $20,310 per ton. From June 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($41,933 per ton), while the price for Malaysia ($4,011 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.3%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -4.8% to 12K tons in 2022. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of 13K tons, and then dropped slightly in the following year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds dropped to $281M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year. As a result, the exports attained the peak of $292M, and then declined slightly in the following year.

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

1. China (4.6K tons)
2. United States (2.0K tons)
3. South Korea (1.2K tons)
4. Indonesia (0.9K tons)
5. Malaysia (0.8K tons)
6. Hong Kong SAR (0.8K tons)
7. Taiwan (Chinese) (0.6K tons)
8. Philippines (0.4K tons)
9. United Kingdom (0.3K tons)

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

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Japan expanded remarkably to 16K tons, surging by 8.8% against 2021. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +68.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $245M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. China (11.2K tons)
2. Malaysia (2.9K tons)
3. South Korea (0.6K tons)
4. United States (0.5K tons)
5. Taiwan (Chinese) (0.3K tons)

Source: IndexBox Market Intelligence Platform