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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $5,883 per ton in 2022, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $6,336 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Switzerland ($14,834 per ton), while the price for China ($4,483 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.1%), 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 Bangladesh (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $8,310 per ton, growing by 9.4% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 55%. Over the period under review, the average export prices reached the maximum at $8,613 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($42,048 per ton), while the average price for exports to India ($1,667 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 China (+29.0%), 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 Bangladesh

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Bangladesh skyrocketed to 4K tons in 2022, rising by 25% compared with the year before. In general, imports continue to indicate mild growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds soared to $23M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +63.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. India (2199.9 tons)
2. China (1505.1 tons)
3. Switzerland (157.5 tons)

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

For the fourth consecutive year, Bangladesh recorded growth in overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 117% to 2.7 tons in 2022. In general, exports continue to indicate a significant increase. 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 skyrocketed to $23K in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (1175.0 kg)
2. United Kingdom (1168.0 kg)
3. South Korea (149.0 kg)
4. Austria (121.0 kg)
5. China (62.0 kg)
6. India (21.0 kg)

Source: IndexBox Market Intelligence Platform