U.S.: Aluminium Foil Market 2022

Aluminium Foil Market Size in the U.S.

In 2021, the U.S. aluminium foil market decreased by -X% to $X, falling for the third consecutive year after three years of growth. In general, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Aluminium Foil Production in the U.S.

In value terms, aluminium foil production declined to $X in 2021. Over the period under review, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Aluminium foil production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Aluminium Foil Exports

Exports from the U.S.

In 2021, overseas shipments of aluminium foil were finally on the rise to reach X tonnes after three years of decline. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at X tonnes in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, aluminium foil exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tonnes) was the main destination for aluminium foil exports from the United States, accounting for a X% share of total exports. Moreover, aluminium foil exports to Mexico exceeded the volume sent to the second major destination, Canada (X tonnes), ninefold.

From 2012 to 2021, the average annual growth rate of volume to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and the UK (-X% per year).

In value terms, Mexico ($X) remains the key foreign market for aluminium foil exports from the United States, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and the UK (-X% per year).

Export Prices by Country

In 2021, the average aluminium foil export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. The export price peaked at $X per tonne in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+X%), while the prices for the other major destinations experienced a decline.

Aluminium Foil Imports

Imports into the U.S.

In 2021, the amount of aluminium foil imported into the United States surged to X tonnes, growing by X% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at X tonnes in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, aluminium foil imports surged to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes), South Korea (X tonnes) and Germany (X tonnes) were the main suppliers of aluminium foil imports to the United States, with a combined X% share of total imports. These countries were followed by Thailand, the UK, Luxembourg, Austria, Taiwan (Chinese), Turkey, Canada, Italy, France and Greece, which together accounted for a further X 2012 to 2021, the biggest increases were in Greece (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium foil suppliers to the United States were China ($X), Germany ($X) and South Korea ($X), together accounting for X% of total imports. Thailand, Luxembourg, Austria, the UK, France, Canada, Taiwan (Chinese), Italy, Greece and Turkey lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium foil import price stood at $X per tonne in 2021, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform