Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Sri Lanka - 2022

Contents:

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

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Sri Lanka (CIF) - 2022

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $7,742 per ton, with an increase of 36% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by +74.1% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 37% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($20,124 per ton), while the price for China ($4,804 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.3%), 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 Sri Lanka (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,730 per ton in 2022, rising by 74% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. The export price peaked at $5,678 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($12,848 per ton), while the average price for exports to Ireland ($4,026 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 Sweden (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Sri Lanka dropped markedly to 172 tons, falling by -66.4% compared with 2021 figures. Over the period under review, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of 513 tons, and then dropped remarkably in the following year.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds declined markedly to $1.3M in 2022. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 19%. As a result, imports attained the peak of $2.9M, and then declined dramatically in the following year.

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

1. India (111.7 tons)
2. China (41.7 tons)
3. Turkey (10.9 tons)
4. Hong Kong SAR (3.0 tons)

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

In 2022, shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -86.1% to 111 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2020 with an increase of 767%. As a result, the exports attained the peak of 878 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds reduced sharply to $524K in 2022. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 541% against the previous year.

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

1. United Kingdom (86.2 tons)
2. India (10.9 tons)
3. Ireland (8.2 tons)
4. Sweden (2.6 tons)
5. Pakistan (2.5 tons)

Source: IndexBox Market Intelligence Platform