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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $8,003 per ton in 2022, picking up by 13% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($8,007 per ton) and South Korea ($8,007 per ton), while the price for France ($8,007 per ton) and China ($8,007 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.1%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $8,079 per ton, picking up by 11% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 an increase of 59%. Over the period under review, the average export prices attained the maximum at $8,246 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($8,187 per ton) and Cambodia ($8,187 per ton), while the average price for exports to Taiwan (Chinese) ($7,803 per ton) and China ($8,186 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+15.5%), 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 Vietnam

After two years of decline, overseas purchases of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by 13% to 8.3K tons in 2022. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded 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 $66M in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded 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 Vietnam in 2022:

1. China (7.1K tons)
2. South Korea (0.5K tons)
3. Japan (0.2K tons)
4. Taiwan (Chinese) (0.1K tons)
5. France (0.1K tons)

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

In 2022, shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -22.7% to 148 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 260 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds declined to $1.2M in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $2.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Singapore (74.9 tons)
2. Taiwan (Chinese) (41.5 tons)
3. Thailand (12.1 tons)
4. United States (8.7 tons)
5. Cambodia (5.7 tons)
6. China (2.5 tons)
7. Lao People's Democratic Republic (1.7 tons)

Source: IndexBox Market Intelligence Platform