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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $10,020 per ton in January 2024, stabilizing at the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 5% against the previous month. Over the period under review, average import prices attained the maximum at $10,980 per ton in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Italy ($11,385 per ton), while the price for China ($6,440 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.0%), while the prices for the other major suppliers experienced a decline.

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

In January 2024, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $10,819 per ton, reducing by -9.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $11,911 per ton, and then fell in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($29,637 per ton), while the average price for exports to Austria ($2,311 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.1%), 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 Switzerland

In 2022, after three years of growth, there was significant decline in supplies from abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, when their volume decreased by -6.1% to 13K tons. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 129% against the previous year.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds fell modestly to $119M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 34% against the previous year.

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

1. Germany (5.8K tons)
2. Croatia (3.0K tons)
3. Austria (2.2K tons)
4. Italy (0.9K tons)
5. China (0.6K tons)

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

In 2022, overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were finally on the rise to reach 11K tons after two years of decline. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached 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 surged to $105M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Switzerland in 2022:

1. Germany (5.9K tons)
2. Turkey (0.8K tons)
3. United Kingdom (0.7K tons)
4. Italy (0.6K tons)
5. Spain (0.5K tons)
6. Denmark (0.4K tons)
7. Brazil (0.3K tons)
8. Taiwan (Chinese) (0.3K tons)
9. India (0.2K tons)
10. France (0.2K tons)

Source: IndexBox Market Intelligence Platform