China - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 27, 2024

China - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Aluminium Foil Price in China - 2023

Contents:

  1. Aluminium Foil Price in China (FOB) - 2023
  2. Aluminium Foil Price in China (CIF) - 2023
  3. Aluminium Foil Exports in China
  4. Aluminium Foil Imports in China

Aluminium Foil Price in China (FOB) - 2023

In September 2023, the average aluminium foil export price amounted to $3,654 per ton, falling by -2.2% against the previous month. Overall, the export price saw a perceptible decrease. The pace of growth was the most pronounced in February 2023 an increase of 3.8% against the previous month. Over the period under review, the average export prices reached the peak figure at $4,673 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($6,477 per ton), while the average price for exports to Indonesia ($2,484 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.7%), while the prices for the other major destinations experienced a decline.

Looking for Local Partners?

Connect with the right partners to expand your reach.
Book a free 30-minute consultation to find your match.

Book Your Free Call
Aleksandr Romanenko
Aleksandr Romanenko

Aluminium Foil Price in China (CIF) - 2023

The average aluminium foil import price stood at $11,529 per ton in September 2023, reducing by -2.9% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 17% against the previous month. Over the period under review, average import prices attained the peak figure at $11,870 per ton in August 2023, and then dropped modestly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($14,761 per ton), while the price for Thailand ($5,901 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Foil Exports in China

In 2022, approx. 1.5M tons of aluminium foil were exported from China; surging by 9.7% against 2021. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium foil exports surged to $6.7B in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Aluminium Foil in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand26927849656828.3%
South Korea35135438949912.4%
India3742613764959.8%
Japan24923738344621.4%
Malaysia16013722035630.5%
Indonesia16516822532725.6%
United States20018420532317.3%
Mexico13613624731932.9%
United Arab Emirates16314323031524.6%
Saudi Arabia14713817124418.4%
Vietnam11712516221121.7%
Canada74.981.510420439.7%
Germany79.979.076.912817.0%
Others1,5321,5041,8582,25713.8%
Total4,0173,8275,1426,69318.6%

Top Export Markets for Aluminium Foil from China in 2022:

  1. Thailand (129.4K tons)
  2. India (122.2K tons)
  3. Indonesia (83.7K tons)
  4. United Arab Emirates (82.4K tons)
  5. South Korea (79.8K tons)
  6. Mexico (77.3K tons)
  7. United States (73.0K tons)
  8. Saudi Arabia (66.1K tons)
  9. Japan (62.1K tons)
  10. Malaysia (55.8K tons)
  11. Canada (48.5K tons)
  12. Vietnam (45.1K tons)
  13. Germany (28.3K tons)

Aluminium Foil Imports in China

After three years of growth, purchases abroad of aluminium foil decreased by -13.1% to 79K tons in 2022. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 91K tons, and then contracted in the following year.

In value terms, aluminium foil imports shrank significantly to $909M in 2022. In general, imports recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. As a result, imports reached the peak of $1.2B, and then reduced sharply in the following year.

Import of Aluminium Foil in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4875356755182.1%
South Korea409380306237-16.6%
Germany37.532.030.331.0-6.1%
United States20.919.017.719.0-3.1%
Thailand0.71.01.516.3185.6%
Others89.695.316888.3-0.5%
Total1,0451,0621,199909-4.5%

Top Suppliers of Aluminium Foil to China in 2022:

  1. Japan (47.4K tons)
  2. South Korea (16.8K tons)
  3. Thailand (3.9K tons)
  4. Germany (3.1K tons)
  5. United States (1.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium 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.

Product coverage:

  • Prodcom 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
China Sharply Reduces Aluminium Foil Exports to India
Oct 5, 2021
Eye 540

China's aluminium foil exports dropped by -4.9% to 1.2M tons. The supplies to South Korea, Thailand and India constitute 22% of China's foil exports. India, the largest importer of Chinese foil, recorded the most remarkable reduction of purchases. The supplies from China to South Korea, Thailand and Indonesia grew slightly. 

Top Import Markets for Aluminium Foil
Feb 7, 2024
Eye 115

Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.

The Largest Import Markets for Aluminium Foil
Feb 5, 2024
Eye 122

Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.

China Sharply Reduces Aluminium Foil Exports to India
Oct 5, 2021
Eye 540

China's aluminium foil exports dropped by -4.9% to 1.2M tons. The supplies to South Korea, Thailand and India constitute 22% of China's foil exports. India, the largest importer of Chinese foil, recorded the most remarkable reduction of purchases. The supplies from China to South Korea, Thailand and Indonesia grew slightly. 

Top Import Markets for Aluminium Foil
Feb 7, 2024
Eye 115

Explore the top import markets for aluminium foil and their key statistics. Find out which countries lead the global market and their import values. Discover the latest trends in the aluminium foil industry.

The Largest Import Markets for Aluminium Foil
Feb 5, 2024
Eye 122

Explore the top import markets for aluminium foil and their key statistics. From the United States to Germany, discover the countries driving the demand for this versatile product.

Free Data: Aluminium Foil - China