Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Argentina - 2023

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Argentina (CIF) - 2023
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Argentina (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Argentina
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Argentina

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Argentina (CIF) - 2023

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $9,197 per ton in June 2023, reducing by -4.6% against the previous month. In general, the import price saw a mild decrease. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 10% against the previous month. As a result, import price attained the peak level of $10,392 per ton. From March 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Croatia ($15,420 per ton), while the price for Sweden ($5,364 per ton) was amongst the lowest.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $12,114 per ton in 2022, which is down by -34.5% against the previous year. Overall, the export price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 25%. Over the period under review, the average export prices reached the maximum at $18,508 per ton in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($46,109 per ton), while the average price for exports to Bolivia ($7,841 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 Chile (+11.5%), 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 Argentina

In 2022, overseas purchases of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -3% to 1.8K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $15M in 2022. The total import value increased at an average annual rate of +12.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Suppliers of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled to Argentina in 2022:

1. Vietnam (472.9 tons)
2. Sweden (313.9 tons)
3. Brazil (233.5 tons)
4. China (161.6 tons)
5. Germany (152.6 tons)
6. Italy (135.3 tons)
7. Austria (97.9 tons)
8. Croatia (83.4 tons)
9. Spain (79.0 tons)

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

In 2022, approx. 19 tons of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were exported from Argentina; jumping by 82% on 2021 figures. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $233K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 decreased by -23.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 66%. As a result, the exports attained the peak of $306K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled from Argentina in 2022:

1. Bolivia (15.0 tons)
2. Paraguay (1.0 tons)
3. Uruguay (0.9 tons)
4. Germany (0.8 tons)
5. Panama (0.7 tons)
6. Ecuador (0.6 tons)
7. Brazil (0.2 tons)

Source: IndexBox Market Intelligence Platform