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

Contents:

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

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

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $4,270 per ton, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 an increase of 18%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,411 per ton), while the price for China ($3,970 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.3%), 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 the United Arab Emirates (FOB) - 2022

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $3,527 per ton in 2022, picking up by 14% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. The export price peaked at $4,303 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($8,053 per ton), while the average price for exports to Tanzania ($454 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 South Africa (+11.7%), 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 the United Arab Emirates

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into the United Arab Emirates contracted to 7.5K tons in 2022, which is down by -6.8% against 2021. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% 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 +37.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 8.1K tons, and then dropped in the following year.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds totaled $32M in 2022. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

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

1. China (6.8K tons)
2. India (0.4K tons)
3. Italy (0.1K tons)

Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in the United Arab Emirates

In 2022, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from the United Arab Emirates contracted to 5.7K tons, with a decrease of -9.2% against 2021. Over the period under review, exports showed a abrupt downturn. The smallest decline of -5.1% was in 2021.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds rose slightly to $20M in 2022. Overall, exports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 9% against the previous year.

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

1. Tanzania (1663.9 tons)
2. India (937.6 tons)
3. Bahrain (567.0 tons)
4. Oman (398.0 tons)
5. Egypt (326.4 tons)
6. United Kingdom (280.1 tons)
7. Kuwait (254.1 tons)
8. Rwanda (241.0 tons)
9. Pakistan (231.4 tons)

Source: IndexBox Market Intelligence Platform