South-Eastern Asia: Aluminium Foil Market 2024

Aluminium Foil Market Size in South-Eastern Asia

The Southeast Asian aluminium foil market rose sharply to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aluminium Foil Production in South-Eastern Asia

In value terms, aluminium foil production fell to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Aluminium Foil Exports

Exports in South-Eastern Asia

In 2022, approx. X tons of aluminium foil were exported in South-Eastern Asia; with an increase of X% compared with 2021. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, aluminium foil exports surged to $X in 2022. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Thailand represented the main exporter of aluminium foil in South-Eastern Asia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. Malaysia (X tons) held the second position in the ranking, distantly followed by the Philippines (X tons) and Indonesia (X tons). All these countries together took near X% share of total exports. Singapore (X tons) and Vietnam (X tons) held a relatively small share of total exports.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%), Vietnam (X%), Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. Thailand (X p.p.), the Philippines (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore and Malaysia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest aluminium foil supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Thailand, aluminium foil exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Aluminium Foil Imports

Imports in South-Eastern Asia

Aluminium foil imports rose markedly to X tons in 2022, growing by X% on 2021. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, aluminium foil imports surged to $X in 2022. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Thailand represented the main importing country with an import of about X tons, which amounted to X% of total imports. Indonesia (X tons) took the second position in the ranking, followed by Malaysia (X tons), Vietnam (X tons) and Singapore (X tons). All these countries together took approx. X% share of total imports. The Philippines (X tons) took a little share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) and the Philippines (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia and Thailand increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), Indonesia ($X) and Malaysia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform