Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Azerbaijan - 2024

Contents:

  1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Azerbaijan (CIF) - 2022
  2. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Azerbaijan

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,196 per ton in 2022, increasing by 17% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by +35.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 46%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($9,567 per ton), while the price for Iran ($2,658 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Azerbaijan surged to 237 tons, rising by 33% on 2021 figures. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $992K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12921531346152.9%
EstoniaN/AN/AN/A1660%
Greece56.155.478.613534.0%
Turkey20663.012464.6-32.1%
Georgia8.710.114.256.987.0%
Czech Republic5.110.655.848.3111.6%
Iran18.715.317.921.14.1%
Others45.438.230.240.0-4.1%
Total46940763399228.4%

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

  1. China (158.4 tons)
  2. Greece (18.0 tons)
  3. Estonia (17.4 tons)
  4. Turkey (11.5 tons)
  5. Georgia (9.9 tons)
  6. Czech Republic (8.7 tons)
  7. Iran (7.9 tons)

Source: IndexBox Market Intelligence Platform

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