Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia - 2024

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia (CIF) - 2024
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia (FOB) - 2024
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia (CIF) - 2024

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $5,291 per ton in January 2024, reducing by -17.6% against the previous month. Over the period under review, the import price saw a noticeable curtailment. The growth pace was the most rapid in October 2023 an increase of 38% against the previous month. Over the period under review, average import prices hit record highs at $9,122 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10,097 per ton), while the price for China ($4,062 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Malaysia (FOB) - 2024

In January 2024, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $3,694 per ton, which is down by -2.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 2.9% against the previous month. As a result, the export price reached the peak level of $4,198 per ton. From May 2023 to January 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($4,998 per ton), while the average price for exports to Brazil ($2,863 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.3%), 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 Malaysia

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Malaysia surged to 15K tons, picking up by 15% against the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. Over the period under review, imports of reached the peak figure 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 totaled $108M in 2022. Over the period under review, imports, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.

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

1. China (11.3K tons)
2. Japan (2.1K tons)
3. South Korea (1.1K tons)
4. Taiwan (Chinese) (0.4K tons)
5. United States (0.3K tons)

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

In 2022, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Malaysia skyrocketed to 20K tons, with an increase of 34% compared with 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $87M in 2022. Over the period under review, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 65% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. India (6.0K tons)
2. Belgium (3.4K tons)
3. Japan (3.0K tons)
4. Turkey (2.4K tons)
5. Thailand (2.3K tons)
6. Czech Republic (1.9K tons)

Source: IndexBox Market Intelligence Platform