U.S. - Aluminium Foil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Foil Price in the United States - 2023
Contents:
- Aluminium Foil Price in the United States (CIF) - 2023
- Aluminium Foil Price in the United States (FOB) - 2023
- Aluminium Foil Imports in the United States
- Aluminium Foil Exports in the United States
Aluminium Foil Price in the United States (CIF) - 2023
In September 2023, the average aluminium foil import price amounted to $5,222 per ton, falling by -3.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 6.4% month-to-month. Over the period under review, average import prices attained the peak figure at $5,740 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($11,506 per ton), while the price for the UK ($2,868 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 Germany (-0.4%), while the prices for the other major suppliers experienced a decline.
Aluminium Foil Price in the United States (FOB) - 2023
In September 2023, the average aluminium foil export price amounted to $6,167 per ton, reducing by -2.7% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 an increase of 14% month-to-month. As a result, the export price reached the peak level of $7,018 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($30,742 per ton), while the average price for exports to Mexico ($4,855 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 China (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.
Aluminium Foil Imports in the United States
In 2022, the amount of aluminium foil imported into the United States rose markedly to 351K tons, increasing by 13% compared with 2021. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium foil imports soared to $1.9B in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium Foil in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 219 | 163 | 181 | 283 | 8.9% |
Thailand | 28.0 | 28.8 | 134 | 245 | 106.1% |
South Korea | 107 | 112 | 140 | 234 | 29.8% |
Germany | 156 | 131 | 153 | 214 | 11.1% |
Turkey | 90.0 | 54.9 | 79.4 | 119 | 9.8% |
India | 11.4 | 8.5 | 25.3 | 78.6 | 90.3% |
Italy | 21.2 | 26.3 | 34.0 | 68.1 | 47.5% |
Brazil | 70.2 | 54.4 | 39.3 | 55.9 | -7.3% |
Oman | 52.0 | 35.2 | 39.9 | 51.8 | -0.1% |
Greece | 24.1 | 20.5 | 39.2 | 47.9 | 25.7% |
Taiwan (Chinese) | 26.4 | 23.7 | 29.7 | 40.4 | 15.2% |
Indonesia | 26.1 | 19.5 | 21.3 | 33.3 | 8.5% |
United Kingdom | 25.0 | 20.7 | 32.4 | 30.9 | 7.3% |
Others | 398 | 357 | 365 | 418 | 1.6% |
Total | 1,254 | 1,055 | 1,313 | 1,919 | 15.2% |
Top Suppliers of Aluminium Foil to the United States in 2022:
- China (67.9K tons)
- Thailand (51.6K tons)
- South Korea (40.1K tons)
- Germany (30.3K tons)
- Turkey (26.3K tons)
- India (15.0K tons)
- Oman (12.7K tons)
- Brazil (11.9K tons)
- United Kingdom (9.4K tons)
- Italy (9.1K tons)
- Taiwan (Chinese) (8.1K tons)
- Indonesia (7.7K tons)
- Greece (7.6K tons)
Aluminium Foil Exports in the United States
In 2022, approx. 120K tons of aluminium foil were exported from the United States; therefore, remained relatively stable against the previous year's figure. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. As a result, the exports reached the peak of 120K tons, leveling off in the following year.
In value terms, aluminium foil exports expanded markedly to $750M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Aluminium Foil in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 274 | 267 | 393 | 463 | 19.1% |
Canada | 79.4 | 73.0 | 79.7 | 98.3 | 7.4% |
United Kingdom | 27.0 | 24.3 | 33.1 | 34.5 | 8.5% |
Germany | 8.0 | 11.9 | 11.9 | 13.4 | 18.8% |
Others | 149 | 132 | 137 | 141 | -1.8% |
Total | 537 | 509 | 654 | 750 | 11.8% |
Top Export Markets for Aluminium Foil from the United States in 2022:
- Mexico (87.0K tons)
- Canada (10.6K tons)
- United Kingdom (5.8K tons)
- Germany (2.2K tons)
This report provides an in-depth analysis of the aluminium foil market 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:
- Prodcom 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm
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
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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
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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
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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
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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
This report provides an in-depth analysis of the aluminium foil market in the U.S..
This report provides an in-depth analysis of the global aluminium foil market.
This report provides an in-depth analysis of the aluminium foil market in the U.S..
This report provides an in-depth analysis of the global aluminium foil market.
In December 2022, the aluminium foil price stood at $5,173 per ton (CIF, US), which is down by -4.5% against the previous month.
In May 2022, the aluminium foil price per ton stood at $5,739 per ton in May 2022, increasing by 4% against the previous month.
U.S. aluminium foil imports from Thailand rose fourfold, reaching $71M in 2021.
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.
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.
In December 2022, the aluminium foil price stood at $5,173 per ton (CIF, US), which is down by -4.5% against the previous month.
In May 2022, the aluminium foil price per ton stood at $5,739 per ton in May 2022, increasing by 4% against the previous month.
U.S. aluminium foil imports from Thailand rose fourfold, reaching $71M in 2021.
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.
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.