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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,575 per ton in January 2024, reducing by -25.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 21% against the previous month. Over the period under review, average import prices hit record highs at $7,312 per ton in August 2023; however, from September 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($9,640 per ton), while the price for Malaysia ($3,816 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $6,734 per ton, picking up by 19% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by +94.9% against 2012 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 27%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($14,207 per ton), while the average price for exports to Germany ($4,433 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 Algeria (+15.0%), 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 Turkey

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Turkey surged to 12K tons, growing by 23% compared with the year before. The total import volume increased at an average annual rate of +9.4% 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 $79M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.9% 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 +68.2% against 2019 indices. 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 Turkey in 2022:

1. China (2.9K tons)
2. Malaysia (2.1K tons)
3. Germany (1.7K tons)
4. Thailand (1.5K tons)
5. Switzerland (0.8K tons)
6. Austria (0.7K tons)
7. Italy (0.5K tons)
8. Greece (0.5K tons)
9. Sweden (0.4K tons)
10. South Korea (0.4K tons)
11. France (0.2K tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Turkey skyrocketed to 4K tons in 2022, increasing by 65% compared with the previous year's figure. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $27M in 2022. Overall, exports posted significant growth. 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 Turkey in 2022:

1. Poland (548.5 tons)
2. Czech Republic (494.5 tons)
3. United Kingdom (493.7 tons)
4. Israel (467.5 tons)
5. Germany (448.5 tons)
6. Italy (262.0 tons)
7. Romania (145.2 tons)
8. Tunisia (111.0 tons)
9. Iraq (109.1 tons)
10. Algeria (108.4 tons)
11. Iran (89.7 tons)
12. Saudi Arabia (21.6 tons)

Source: IndexBox Market Intelligence Platform