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

Contents:

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

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

In July 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $5,989 per ton, which is down by -19.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 26% m-o-m. As a result, import price attained the peak level of $7,469 per ton, and then reduced remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($15,961 per ton), while the price for China ($5,530 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), 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 Pakistan (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $1,973 per ton in 2022, reducing by -40.5% against the previous year. In general, the export price showed a deep slump. The growth pace was the most rapid in 2016 when the average export price increased by 612%. Over the period under review, the average export prices reached the maximum at $12,297 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +34.6% per year.

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

For the fourth consecutive year, Pakistan recorded growth in purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 18% to 6.1K tons in 2022. The total import volume increased at an average annual rate of +13.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 soared to $38M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.5% 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 +88.4% against 2019 indices. As a result, imports attained 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 Pakistan in 2022:

1. China (5.1K tons)
2. Germany (0.3K tons)
3. United Arab Emirates (0.2K tons)
4. Austria (0.1K tons)
5. South Korea (0.1K tons)

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

After three years of growth, shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -47.1% to 9.9 tons in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 509%. As a result, the exports attained the peak of 19 tons, and then contracted significantly in the following year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds dropped notably to $20K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 884%. As a result, the exports attained the peak of $62K, and then declined sharply in the following year.

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

1. United States (9.9 tons)

Source: IndexBox Market Intelligence Platform