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

Contents:

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

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

In December 2023, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $11,253 per ton, which is down by -6.5% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices reached the maximum at $12,072 per ton in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($25,810 per ton), while the average price for exports to Morocco ($5,546 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In December 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $9,536 per ton, increasing by 7.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 23% m-o-m. As a result, import price reached the peak level of $11,019 per ton. From November 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($50,553 per ton), while the price for South Africa ($4,273 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds exported from Germany fell to 40K tons, approximately equating the previous year's figure. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 6% against the previous year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds expanded notably to $390M in 2022. The total export value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Switzerland (5.0K tons)
2. Poland (3.7K tons)
3. France (3.2K tons)
4. Spain (3.0K tons)
5. Denmark (2.2K tons)
6. United States (2.0K tons)
7. Italy (1.9K tons)
8. Turkey (1.8K tons)
9. Netherlands (1.3K tons)
10. Belgium (1.3K tons)
11. Austria (1.2K tons)
12. Mexico (1.1K tons)
13. Finland (0.9K tons)

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

In 2022, overseas purchases of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were finally on the rise to reach 41K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained 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 surged to $270M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. 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 Germany in 2022:

1. Austria (12.8K tons)
2. Italy (7.8K tons)
3. Switzerland (6.2K tons)
4. China (4.9K tons)
5. Poland (2.1K tons)
6. Croatia (1.9K tons)
7. Netherlands (0.9K tons)

Source: IndexBox Market Intelligence Platform