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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,359 per ton in 2022, surging by 4.5% against the previous year. In general, the import price, however, showed a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 10% against the previous year. The import price peaked at $7,894 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($12,419 per ton), while the price for Iran ($3,790 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+20.8%), 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 Iraq (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $7,011 per ton in 2022, reducing by -7.5% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,830 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -5.9% per year.

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

In 2022, supplies from abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -36.5% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 0.8% against the previous year. As a result, imports reached the peak of 3.2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds fell dramatically to $8.2M in 2022. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 4%. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Iran (915.2 tons)
2. China (854.2 tons)
3. Turkey (61.0 tons)
4. India (22.1 tons)
5. Saudi Arabia (12.5 tons)

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

For the fourth year in a row, Iraq recorded growth in overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 5.6% to 21 tons in 2022. The total export volume increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds dropped modestly to $145K in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of $151K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Turkey (20.6 tons)

Source: IndexBox Market Intelligence Platform