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

Contents:

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

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

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $5,567 per ton, growing by 2.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 10%. The import price peaked at $6,500 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($9,836 per ton), while the price for China ($4,530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.9%), 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 Mexico (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 $15,995 per ton, with an increase of 75% against the previous month. Overall, the export price posted resilient growth. The pace of growth was the most pronounced in September 2023 an increase of 663% against the previous month. As a result, the export price reached the peak level of $51,810 per ton. From October 2023 to December 2023, the the average export prices remained at a lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +13.0% per month.

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

In 2022, approx. 26K tons of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were imported into Mexico; increasing by 17% against 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% 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 +69.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $147M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +47.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.721.543.476.740.4%
United States36.636.349.543.15.6%
Germany13.413.117.913.1-0.8%
Austria12.49.13.96.3-20.2%
Italy1.41.84.44.850.8%
South Korea4.35.21.31.2-34.7%
Japan5.45.90.50.6-51.9%
Others3.56.31.71.0-34.1%
Total10599.212314711.9%

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

  1. China (16.9K tons)
  2. United States (6.4K tons)
  3. Germany (1.5K tons)
  4. Austria (0.7K tons)
  5. Italy (0.5K tons)
  6. Japan (0.1K tons)
  7. South Korea (0.1K tons)

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

In 2022, shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -52.1% to 155 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 68%.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds reduced rapidly to $1.2M in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year.

Export of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7131,1702,1901,16117.6%
China81.17.4N/A11.3-48.2%
NicaraguaN/A269N/AN/A0%
Colombia80.331.6N/AN/A-60.6%
Others11816.3N/AN/A-86.2%
Total9931,4942,1901,1725.7%

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

  1. United States (151.6 tons)
  2. China (3.0 tons)

Source: IndexBox Market Intelligence Platform

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