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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,227 per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2021 when the average import price increased by 13%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($4,250 per ton) and the United Arab Emirates ($4,229 per ton), while the price for Bahrain ($4,172 per ton) and China ($4,229 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.1%), 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 Oman (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $5,052 per ton in 2022, picking up by 17% against the previous year. Over the period under review, the export price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2015 an increase of 126% against the previous year. As a result, the export price attained the peak level of $6,275 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($6,053 per ton), while the average price for exports to Romania ($2,899 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 Mauritius (+8.3%), 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 Oman

In 2022, purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -9.9% to 866 tons, falling for the second year in a row after two years of growth. Overall, imports saw a pronounced decline. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds reached $3.7M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 4.1%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

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

1. China (470.2 tons)
2. Saudi Arabia (152.8 tons)
3. United Arab Emirates (145.8 tons)
4. India (90.7 tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Oman expanded remarkably to 46 tons in 2022, increasing by 5.7% on the previous year. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 168% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds soared to $231K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 271% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Egypt (30.8 tons)
2. Romania (13.9 tons)

Source: IndexBox Market Intelligence Platform