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

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Serbia (CIF) - 2024
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Serbia (FOB) - 2022
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Serbia
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Serbia

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

In January 2024, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $7,301 per ton, shrinking by -4.3% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 17% m-o-m. As a result, import price attained the peak level of $8,369 per ton. From September 2023 to January 2024, the average import prices remained 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 Croatia ($7,986 per ton), while the price for Poland ($3,026 per ton) was amongst the lowest.

From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), 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 Serbia (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $7,231 per ton, increasing by 9.1% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by 34% against the previous year. As a result, the export price reached the peak level of $11,007 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 Albania ($13,374 per ton), while the average price for exports to Italy ($4,304 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 North Macedonia (+2.9%), 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 Serbia

In 2022, the amount of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds imported into Serbia rose remarkably to 1.3K tons, growing by 13% on the previous year. The total import volume increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 48%. As a result, imports reached the peak of 1.3K tons; afterwards, it flattened through to 2022.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $8.9M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.6% against 2019 indices. As a result, imports reached 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 Serbia in 2022:

1. Italy (671.6 tons)
2. Croatia (221.1 tons)
3. China (168.9 tons)
4. Greece (83.0 tons)
5. Austria (56.0 tons)
6. Poland (20.6 tons)
7. Bulgaria (2.8 tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Serbia skyrocketed to 183 tons in 2022, rising by 87% against the previous year's figure. Overall, exports showed a significant expansion. 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 soared to $1.3M in 2022. Over the period under review, exports posted a significant increase. 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 Serbia in 2022:

1. North Macedonia (70.3 tons)
2. Italy (51.8 tons)
3. Bosnia and Herzegovina (21.9 tons)
4. Montenegro (14.6 tons)
5. Croatia (8.9 tons)
6. Albania (5.6 tons)
7. Hungary (4.6 tons)

Source: IndexBox Market Intelligence Platform