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

Contents:

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

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

In December 2023, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $9,053 per ton, with an increase of 8.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in September 2023 an increase of 33% m-o-m. As a result, import price reached the peak level of $9,257 per ton. From October 2023 to December 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($25,464 per ton), while the price for China ($3,089 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 Denmark (+6.3%), 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 Spain (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 $12,784 per ton, falling by -9.2% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average export price increased by 27% against the previous month. The export price peaked at $14,855 per ton in September 2023; however, from October 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was France ($28,956 per ton), while the average price for exports to the United States ($5,675 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Spain surged to 14K tons, jumping by 22% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $91M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. As a result, imports reached 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 Spain in 2022:

1. Italy (4.8K tons)
2. Germany (2.9K tons)
3. China (1.8K tons)
4. Austria (1.1K tons)
5. Poland (1.0K tons)
6. Greece (0.7K tons)
7. Bulgaria (0.5K tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Spain shrank modestly to 1.8K tons in 2022, approximately mirroring the previous year's figure. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 1.8K tons, and then shrank in the following year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds expanded notably to $19M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Morocco (789.7 tons)
2. France (312.5 tons)
3. Portugal (264.3 tons)
4. Algeria (183.9 tons)
5. Argentina (61.7 tons)
6. United States (45.1 tons)
7. Tunisia (32.3 tons)
8. Denmark (21.0 tons)

Source: IndexBox Market Intelligence Platform