Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United States - 2024

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United States (CIF) - 2024
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United States (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United States
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United States

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United States (CIF) - 2024

In December 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $7,663 per ton, picking up by 6.8% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $7,936 per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($22,339 per ton), while the price for Thailand ($4,165 per ton) was amongst the lowest.

From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), 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 the United States (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $7,683 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 11%. As a result, the export price attained the peak level of $8,398 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

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 the UK ($25,939 per ton), while the average price for exports to Indonesia ($5,270 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 the UK (+14.2%), 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 the United States

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into the United States surged to 32K tons, with an increase of 50% compared with the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +70.4% against 2020 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 skyrocketed to $248M in 2022. Over the period under review, imports recorded a buoyant expansion. 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 the United States in 2022:

1. China (11.7K tons)
2. Thailand (6.4K tons)
3. Germany (2.0K tons)
4. Turkey (1.9K tons)
5. France (1.9K tons)
6. Italy (1.8K tons)
7. Japan (1.7K tons)
8. Myanmar (0.8K tons)

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

For the fourth year in a row, the United States recorded growth in overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 2.8% to 15K tons in 2022. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds rose significantly to $118M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Mexico (9.9K tons)
2. Canada (2.2K tons)
3. Japan (0.6K tons)
4. Malaysia (0.4K tons)
5. Indonesia (0.2K tons)

Source: IndexBox Market Intelligence Platform