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

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $4,325 per ton in 2022, rising by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $4,377 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,412 per ton), while the price for Malaysia ($1,873 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.2%), 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 Kuwait (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $3,512 per ton, approximately reflecting the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 64%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($32,500 per ton), while the average price for exports to Iraq ($1,785 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+22.3%), 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 Kuwait

In 2022, overseas purchases of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -18.2% to 1.1K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 9.2%. As a result, imports attained the peak of 1.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds reduced to $4.8M in 2022. In general, imports showed a abrupt descent. The smallest decline of -3.5% was in 2020.

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

1. Saudi Arabia (413.1 tons)
2. China (317.8 tons)
3. United Arab Emirates (292.4 tons)
4. Malaysia (19.6 tons)
5. India (16.9 tons)
6. United States (1.7 tons)

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

In 2022, overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -18.5% to 44 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, the exports attained the peak of 207 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds reduced sharply to $154K in 2022. Overall, exports faced a dramatic downturn.

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

1. France (17.9 tons)
2. Germany (12.3 tons)
3. Qatar (4.8 tons)
4. India (3.6 tons)
5. Saudi Arabia (1.4 tons)
6. Tunisia (1.2 tons)
7. Lebanon (0.5 tons)
8. Morocco (0.4 tons)

Source: IndexBox Market Intelligence Platform