Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Tanzania - 2023

Contents:

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

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $645 per ton in 2022, rising by 3.4% against the previous year. In general, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 82% against the previous year. Over the period under review, average import prices attained the maximum at $2,504 per ton in 2012; however, from 2013 to 2022, 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 ($7,940 per ton), while the price for the United Arab Emirates ($451 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $1,489 per ton in 2022, shrinking by -89.5% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 368% against the previous year. The export price peaked at $14,136 per ton in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($1,789 per ton), while the average price for exports to France totaled $438 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+2.6%).

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

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Tanzania surged to 2.5K tons in 2022, increasing by 18% against the previous year's figure. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $1.6M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

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

1. United Arab Emirates (1675.1 tons)
2. China (676.9 tons)
3. Hong Kong SAR (54.0 tons)
4. India (51.9 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, when their volume decreased by -99.5% to 329 kg. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 18,572% against the previous year. As a result, the exports reached the peak of 72 tons, and then fell markedly in the following year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds fell notably to $490 in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 44,393% against the previous year. As a result, the exports attained the peak of $1M, and then reduced remarkably in the following year.

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

1. Rwanda (256.0 kg)
2. France (73.0 kg)

Source: IndexBox Market Intelligence Platform