
China - Stamping Foils - Market Analysis, Forecast, Size, Trends And Insights
China's Stamping Foil Price Soars 11%, Averaging $27.7 per Kg
China Stamping Foil Import Price in December 2022
In December 2022, the stamping foil price stood at $27.7 per kg (CIF, China), picking up by 11% against the previous month. Overall, the import price, however, saw a noticeable descent. The pace of growth was the most pronounced in April 2022 when the average import price increased by 25% m-o-m. The import price peaked at $42.2 per kg in June 2022; however, from July 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($94.7 per kg), while the price for Malaysia ($9.7 per kg) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
China Stamping Foil Imports
In December 2022, after two months of growth, there was decline in overseas purchases of stamping foils, when their volume decreased by -4.2% to 146 tons. In general, total imports indicated measured growth from January 2022 to December 2022: its volume increased at an average monthly rate of +3.0% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, imports increased by +20.8% against September 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 45% m-o-m. Imports peaked at 174 tons in July 2022; however, from August 2022 to December 2022, imports remained at a lower figure.
In value terms, stamping foil imports stood at $4.1M (IndexBox estimates) in December 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 with an increase of 50% against the previous month. Over the period under review, imports reached the peak figure at 7.1K tons in July 2022; however, from August 2022 to December 2022, imports remained at a lower figure.
China Stamping Foil Imports by Country
Japan (51 tons), South Korea (32 tons) and Taiwan (Chinese) (26 tons) were the main suppliers of stamping foil imports to China, with a combined 75% share of total imports. Germany, Malaysia and Australia lagged somewhat behind, together accounting for a further 23%.
From January 2022 to December 2022, the biggest increases were in Malaysia (with a CAGR of +62.5%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest stamping foil suppliers to China were Germany ($1.7M), Japan ($1.2M) and Taiwan (Chinese) ($444K), with a combined 82% share of total imports. South Korea, Malaysia and Australia lagged somewhat behind, together comprising a further 15%.
In terms of the main suppliers, Malaysia, with a CAGR of +56.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Factors Affecting Stamping Foil Prices
Stamping foil is a kind of metal foil used for stamping and hot foiling. It is usually made of aluminum, copper or other metals. The thickness of the foil is very thin, generally only a few microns.
The price of stamping foils in China has been on the rise in recent years, due to a number of factors. One of the main reasons is the increasing cost of raw materials. The cost of copper, for example, has risen sharply in recent years, due to supply and demand issues.
Another factor is the increased demand from overseas markets, as Chinese manufacturers have gained a reputation for producing high-quality products. Additionally, labor costs have also been rising in China, as workers' wages continue to increase.
Finally, another factor that has played a role in the rising price of stamping foil is government policy. The Chinese government has been cracking down on pollution in recent years, and this has led to increased costs for producers of stamping foil.
This report provides an in-depth analysis of the stamping foil market in China. 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.
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
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