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

Contents:

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

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

In December 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $4,452 per ton, rising by 20% against the previous month. In general, import price indicated mild growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by +26.0% against October 2023 indices. The pace of growth appeared the most rapid in July 2023 an increase of 51% m-o-m. The import price peaked at $5,613 per ton in September 2023; however, from October 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was India ($8,850 per ton), while the price for the United Arab Emirates ($2,589 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 China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Qatar skyrocketed to 1.9K tons, growing by 119% on 2021. In general, imports posted significant growth. 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 surged to $8.1M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4807011,3905,171120.9%
Lebanon1,3221,5201,4311,7349.5%
India7704352808151.9%
Greece20313584.069.8-29.9%
Jordan30.113076.9N/A59.8%
Others346284342303-4.3%
Total3,1503,2053,6048,09337.0%

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

  1. China (1443.7 tons)
  2. Lebanon (308.1 tons)
  3. India (156.7 tons)
  4. Greece (9.0 tons)

Source: IndexBox Market Intelligence Platform

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