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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $2,602 per ton in December 2023, falling by -65.3% against the previous month. Overall, the import price, however, recorded notable growth. The most prominent rate of growth was recorded in April 2023 an increase of 215% month-to-month. Over the period under review, average import prices attained the peak figure at $7,899 per ton in September 2023; however, from October 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 Austria ($15,356 per ton), while the price for Germany ($519 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 Estonia (+7.3%), 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 Lithuania (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $3,990 per ton in 2022, shrinking by -34.6% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices attained the maximum at $11,268 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($10,667 per ton), while the average price for exports to Tajikistan ($333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-1.4%), 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 Lithuania

In 2022, purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -13.3% to 1.7K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds shrank to $5.3M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year.

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

1. Germany (994.2 tons)
2. Greece (275.4 tons)
3. Poland (92.3 tons)
4. Estonia (68.3 tons)
5. Italy (65.5 tons)
6. Austria (60.4 tons)
7. China (33.7 tons)
8. Czech Republic (0.6 tons)

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

In 2022, approx. 90 tons of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were exported from Lithuania; dropping by -40.7% compared with the year before. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 152 tons, and then dropped sharply in the following year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds contracted markedly to $359K in 2022. In general, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year.

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

1. Russia (31.5 tons)
2. Latvia (20.7 tons)
3. Estonia (13.0 tons)
4. Czech Republic (9.0 tons)
5. Belarus (7.0 tons)
6. Denmark (6.2 tons)

Source: IndexBox Market Intelligence Platform