Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Norway - 2024

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Norway (CIF) - 2024
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Norway (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Norway
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Norway

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Norway (CIF) - 2024

In January 2024, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $6,826 per ton, falling by -50.3% against the previous month. Over the period under review, the import price saw a pronounced reduction. The pace of growth was the most pronounced in December 2023 when the average import price increased by 56% against the previous month. As a result, import price attained the peak level of $13,730 per ton, and then shrank remarkably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Denmark ($18,635 per ton), while the price for Turkey ($5,203 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), 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 Norway (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $11,192 per ton, falling by -20.6% against the previous year. In general, the export price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2020 an increase of 72%. Over the period under review, the average export prices hit record highs at $14,095 per ton in 2021, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($47,727 per ton), while the average price for exports to the Netherlands ($3,374 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 Lithuania (+20.9%), 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 Norway

For the third year in a row, Norway recorded decline in purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which decreased by -2.6% to 874 tons in 2022. Overall, imports recorded a noticeable downturn. The smallest decline of -0.7% was in 2020.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds expanded notably to $7.6M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained 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 Norway in 2022:

1. Poland (372.1 tons)
2. China (153.6 tons)
3. Germany (98.2 tons)
4. Sweden (76.1 tons)
5. Italy (56.6 tons)
6. Denmark (30.7 tons)
7. India (19.8 tons)
8. United Kingdom (19.6 tons)

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

In 2022, approx. 1.9 tons of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were exported from Norway; declining by -59.7% compared with 2021 figures. Overall, exports faced a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 87%.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds shrank significantly to $21K in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 93%. As a result, the exports reached the peak of $66K, and then reduced sharply in the following year.

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

1. Sweden (495.0 kg)
2. Denmark (428.0 kg)
3. United Kingdom (345.0 kg)
4. Belgium (252.0 kg)
5. Netherlands (171.0 kg)
6. Lithuania (88.0 kg)
7. Russia (40.0 kg)

Source: IndexBox Market Intelligence Platform