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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $5,346 per ton in December 2023, shrinking by -55.8% against the previous month. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in April 2023 an increase of 77% against the previous month. The import price peaked at $24,925 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($27,763 per ton), while the price for Spain ($1,775 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.0%), 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 Portugal (FOB) - 2023

In December 2023, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $14,319 per ton, reducing by -27.6% against the previous month. In general, the export price showed a pronounced setback. The most prominent rate of growth was recorded in March 2023 an increase of 69% m-o-m. The export price peaked at $26,959 per ton in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In December 2023, the country with the highest price was Cabo Verde ($18,198 per ton), while the average price for exports to Angola ($13,682 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+16.4%), 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 Portugal

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Portugal skyrocketed to 2.3K tons in 2022, rising by 23% on the previous year. Over the period under review, total imports indicated a resilient 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 +68.9% against 2019 indices. As a result, imports attained 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 $36M in 2022. In general, imports recorded a significant increase. 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 Portugal in 2022:

1. Italy (844.4 tons)
2. China (692.0 tons)
3. Spain (369.9 tons)
4. Germany (166.2 tons)
5. France (54.9 tons)
6. Greece (43.3 tons)
7. Bulgaria (40.3 tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Portugal soared to 90 tons in 2022, jumping by 45% on the previous year's figure. Overall, exports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 46%. As a result, the exports reached the peak of 146 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $1.3M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.7% against 2020 indices.

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

1. Angola (41.3 tons)
2. Spain (27.5 tons)
3. Cabo Verde (6.6 tons)
4. France (3.8 tons)
5. Morocco (3.3 tons)
6. Mozambique (2.0 tons)
7. Sao Tome and Principe (1.9 tons)

Source: IndexBox Market Intelligence Platform