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

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Morocco (CIF) - 2023
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Morocco (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Morocco
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Morocco

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $7,186 per ton in June 2023, increasing by 27% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $8,621 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($32,659 per ton), while the price for Algeria ($3,483 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.5%), 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 Morocco (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $10,530 per ton in 2022, rising by 8% against the previous year. Overall, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 75%. Over the period under review, the average export prices reached the maximum at $13,795 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($11,993 per ton), while the average price for exports to Mauritania ($2,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+19.2%), 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 Morocco

After two years of decline, overseas purchases of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by 35% to 4.5K tons in 2022. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $32M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +53.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (2095.2 tons)
2. France (1342.0 tons)
3. Germany (398.4 tons)
4. Austria (210.6 tons)
5. Greece (137.3 tons)
6. Switzerland (70.6 tons)
7. Italy (68.5 tons)

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

In 2022, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Morocco fell to 8.6 tons, waning by -11.9% on the previous year's figure. Over the period under review, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 234%.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds contracted modestly to $91K in 2022. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 270% against the previous year.

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

1. South Africa (6.2 tons)
2. Senegal (0.8 tons)
3. Rwanda (0.7 tons)
4. Cote d'Ivoire (0.7 tons)
5. Mauritania (0.1 tons)
6. France (0.1 tons)

Source: IndexBox Market Intelligence Platform