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

Contents:

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

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

In 2021, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $4,437 per ton, picking up by 16% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 50% against the previous year. Over the period under review, the average export prices hit record highs at $7,223 per ton in 2012; however, from 2013 to 2021, 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 Oman ($8,627 per ton), while the average price for exports to Kuwait ($3,416 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,451 per ton in 2021, growing by 34% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $4,583 per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($13,597 per ton), while the price for China ($3,041 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Saudi Arabia soared to 3.1K tons, picking up by 55% compared with 2021 figures. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $24M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Kuwait (647.2 tons)
2. Egypt (434.6 tons)
3. United Arab Emirates (401.8 tons)
4. Oman (205.0 tons)
5. Bahrain (140.5 tons)
6. Algeria (38.9 tons)
7. Yemen (30.3 tons)

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

In 2021, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Saudi Arabia dropped rapidly to 7.2K tons, waning by -22.1% against the previous year's figure. In general, imports faced a significant decrease. The smallest decline of -21.1% was in 2020.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds expanded slightly to $32M in 2021. Over the period under review, imports recorded a deep slump.

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

1. China (4.9K tons)
2. United Arab Emirates (0.9K tons)
3. France (0.7K tons)
4. Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform