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

Contents:

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

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

In November 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $3,653 per ton, with an increase of 1.7% against the previous month. In general, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 3.4% month-to-month. The import price peaked at $4,182 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,576 per ton), while the price for Thailand ($3,510 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced a decline.

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

In November 2023, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $4,871 per ton, increasing by 4.5% against the previous month. Overall, the export price, however, saw a mild setback. Over the period under review, the average export prices attained the peak figure at $5,510 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Kenya ($5,894 per ton), while the average price for exports to Zambia ($3,546 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+0.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into India surged to 108K tons, picking up by 37% against the previous year. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.7% 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 +88.4% against 2020 indices. 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 soared to $483M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. China (55.9K tons)
2. Thailand (42.4K tons)
3. Malaysia (6.1K tons)
4. Greece (0.5K tons)

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

For the fourth consecutive year, India recorded growth in overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 63% to 31K tons in 2022. In general, exports saw 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 surged to $176M in 2022. Overall, exports recorded a significant expansion. 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 India in 2022:

1. United States (14.2K tons)
2. Italy (3.8K tons)
3. Bangladesh (2.2K tons)
4. Belgium (1.4K tons)
5. Netherlands (0.8K tons)
6. Nepal (0.7K tons)
7. United Kingdom (0.6K tons)
8. Kenya (0.6K tons)
9. Ghana (0.5K tons)
10. Sri Lanka (0.5K tons)
11. United Arab Emirates (0.4K tons)
12. Egypt (0.3K tons)
13. Nigeria (0.3K tons)

Source: IndexBox Market Intelligence Platform