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

Contents:

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

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Guatemala (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 $6,851 per ton, picking up by 19% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 40% month-to-month. The import price peaked at $9,130 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($26,245 per ton), while the price for China ($3,887 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 Spain (+9.8%), 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 Guatemala (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $12,871 per ton, rising by 19% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +11.0% 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 +59.5% against 2016 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 58%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Costa Rica ($15,078 per ton) and Honduras ($13,060 per ton), while the average price for exports to El Salvador ($11,605 per ton) and Panama ($11,636 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 Mexico (+25.6%), 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 Guatemala

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Guatemala soared to 1.1K tons in 2022, increasing by 15% on 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.0% 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 +81.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady 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 $8M in 2022. Overall, imports showed a significant expansion. As a result, imports reached 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 Guatemala in 2022:

1. China (493.9 tons)
2. Spain (266.6 tons)
3. Italy (119.4 tons)
4. El Salvador (50.3 tons)
5. Austria (44.9 tons)
6. Mexico (36.7 tons)
7. United States (29.7 tons)
8. Australia (18.7 tons)
9. Brazil (18.4 tons)
10. Germany (15.0 tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Guatemala surged to 111 tons in 2022, growing by 26% compared with 2021 figures. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 49%. The exports peaked in 2022 and are expected to retain 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 $1.4M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached 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 Guatemala in 2022:

1. Nicaragua (32.3 tons)
2. El Salvador (31.6 tons)
3. Costa Rica (31.1 tons)
4. Honduras (9.3 tons)
5. Panama (4.2 tons)
6. Peru (2.1 tons)

Source: IndexBox Market Intelligence Platform