U.S. Aluminum Sheet, Plate, And Foil Market. Analysis And Forecast to 2030
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View PricingPrice for Aluminum Sheet, Plate, and Foil in the United States - 2023
Contents:
- Price for Aluminum Sheet, Plate, and Foil in the United States (CIF) - 2023
- Price for Aluminum Sheet, Plate, and Foil in the United States (FOB) - 2023
- Imports of Aluminum Sheet, Plate, and Foil in the United States
- Exports of Aluminum Sheet, Plate, and Foil in the United States
Price for Aluminum Sheet, Plate, and Foil in the United States (CIF) - 2023
In August 2023, the average import price for aluminum sheets, plates, and foil amounted to $4,024 per ton, with a decrease of -2.6% against the previous month. In general, the import price saw a slight contraction. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 5.4% month-to-month. The import price peaked at $4,602 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Austria ($5,786 per ton), while the price for Bahrain ($3,208 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Aluminum Sheet, Plate, and Foil in the United States (FOB) - 2023
In August 2023, the average export price for aluminum sheets, plates, and foil amounted to $5,307 per ton, approximately mirroring the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 5.7% against the previous month. As a result, the export price reached the peak level of $5,666 per ton. From December 2022 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($8,597 per ton), while the average price for exports to Canada ($4,129 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Aluminum Sheet, Plate, and Foil in the United States
Aluminum sheet, plate, and foil imports into the United States skyrocketed to 1.4M tons in 2022, growing by 20% compared with the year before. The total import volume increased at an average annual rate of +3.8% over the period 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, aluminum sheet, plate, and foil imports skyrocketed to $6.5B in 2022. Over the period under review, imports saw a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminum Sheet, Plate, and Foil in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 428 | 374 | 584 | 935 | 29.8% |
| South Korea | 229 | 176 | 255 | 737 | 47.6% |
| Canada | 408 | 385 | 513 | 657 | 17.2% |
| Thailand | 70.9 | 106 | 341 | 597 | 103.4% |
| Oman | 255 | 180 | 305 | 485 | 23.9% |
| Germany | 481 | 290 | 238 | 324 | -12.3% |
| Turkey | 208 | 117 | 179 | 258 | 7.4% |
| Japan | 158 | 73.3 | 185 | 226 | 12.7% |
| Austria | 135 | 99.9 | 135 | 204 | 14.8% |
| Saudi Arabia | 248 | 253 | 304 | 200 | -6.9% |
| South Africa | 172 | 86.3 | 147 | 193 | 3.9% |
| Greece | 139 | 69.4 | 121 | 189 | 10.8% |
| Bahrain | 241 | 52.4 | 75.3 | 187 | -8.1% |
| Others | 1,551 | 844 | 978 | 1,275 | -6.3% |
| Total | 4,724 | 3,106 | 4,358 | 6,467 | 11.0% |
Top Suppliers of Aluminum Sheet, Plate, and Foil to the United States in 2022:
- China (233.5K tons)
- Canada (150.3K tons)
- South Korea (148.6K tons)
- Thailand (137.4K tons)
- Oman (130.2K tons)
- Turkey (61.4K tons)
- Germany (61.1K tons)
- Japan (51.1K tons)
- South Africa (47.7K tons)
- Bahrain (47.3K tons)
- Saudi Arabia (44.5K tons)
- Austria (36.6K tons)
- Greece (35.3K tons)
Exports of Aluminum Sheet, Plate, and Foil in the United States
After two years of decline, overseas shipments of aluminum sheets, plates, and foil increased by 7% to 637K tons in 2022. Overall, exports, however, continue to indicate a abrupt descent.
In value terms, aluminum sheet, plate, and foil exports surged to $3.6B in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminum Sheet, Plate, and Foil in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,292 | 974 | 1,188 | 1,422 | 3.2% |
| Canada | 1,148 | 953 | 1,174 | 1,396 | 6.7% |
| South Korea | 160 | 113 | 83.3 | 127 | -7.4% |
| China | 171 | 115 | 52.3 | 80.8 | -22.1% |
| Others | 631 | 434 | 338 | 579 | -2.8% |
| Total | 3,402 | 2,588 | 2,836 | 3,606 | 2.0% |
Top Export Markets for Aluminum Sheet, Plate, and Foil from the United States in 2022:
- Canada (290.4K tons)
- Mexico (250.3K tons)
- South Korea (17.3K tons)
- China (9.3K tons)
This report provides an in-depth analysis of the market for aluminum sheet, plate, and foil in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 331315 - Aluminum sheet, plate, and foil manufacturing
Companies mentioned:
- Reynolds Consumer Products
- Wise Alloys
- Oil States International
- Central States Manufacturing
- Jupiter Aluminum Corporation
- JW Aluminum Company
- Norandal Usa
- Maverick Enterprises
- United Aluminum Corporation
- Tri-Arrows Aluminum
- Golden Aluminum
- Ball Advanced Aluminum Technologies Corp.
- Petersen Aluminum Corporation
- Voyager Industries
- Climco Coils Company
- Alcore
- Kroy Industries
- Southwire
- RPR Products
- Team Pride Extrusions
- Manufacturing Sciences Corporation
- Forged Metals
- Constellium Rolled Products Ravenswood
- Noranda Aluminum
- Wise Metals Group
- Chemi-Con Materials Corporation
- Alcoa Securities Corporation
- Novelis Corporation
- Alucoil North America
- Pechiney Cast Plate
- Lupton Ventures
- Matcor
- Kaiser Aluminum Investments Company
- Kaiser Aluminum Fabricated Products
- Noranda Intermediate Holding Corporation
- Nichols Aluminum-Alabama
- Scepter Greeneville
- Regal Beloit America
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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