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

Contents:

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

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

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $7,841 per ton, picking up by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($7,841 per ton) and China ($7,841 per ton), while the price for Italy ($7,841 per ton) and France ($7,841 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%), 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 Egypt (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $8,810 per ton in 2022, with an increase of 7.8% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by +93.2% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 75%. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tunisia ($8,835 per ton) and Cyprus ($8,811 per ton), while the average price for exports to Saudi Arabia ($8,809 per ton) and Ethiopia ($8,809 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+28.5%), 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 Egypt

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Egypt expanded rapidly to 6.9K tons, picking up by 5.5% on the previous year. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $54M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. China (2832.8 tons)
2. Saudi Arabia (1968.3 tons)
3. France (649.4 tons)
4. Germany (420.0 tons)
5. United Arab Emirates (328.4 tons)
6. Italy (290.7 tons)
7. India (157.2 tons)

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

In 2022, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Egypt shrank notably to 53 tons, which is down by -40.7% compared with 2021. Overall, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 234% against the previous year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds shrank rapidly to $469K in 2022. Over the period under review, exports showed a deep contraction. The growth pace was the most rapid in 2021 with an increase of 246% against the previous year. As a result, the exports attained the peak of $734K, and then declined rapidly in the following year.

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

1. Italy (33.3 tons)
2. Turkey (5.5 tons)
3. Syrian Arab Republic (3.0 tons)
4. Cyprus (3.0 tons)
5. Saudi Arabia (2.7 tons)
6. Sudan (2.6 tons)
7. Ethiopia (1.8 tons)
8. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform