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

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ireland (CIF) - 2023
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ireland (FOB) - 2023
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ireland
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Ireland

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

The average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $7,815 per ton in December 2023, dropping by -24.7% against the previous month. Over the period under review, the import price recorded a mild descent. The most prominent rate of growth was recorded in June 2023 an increase of 80% m-o-m. As a result, import price attained the peak level of $14,607 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($40,268 per ton), while the price for Turkey ($3,523 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+12.5%), 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 Ireland (FOB) - 2023

The average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds stood at $13,761 per ton in December 2023, surging by 7.8% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 an increase of 47% against the previous month. As a result, the export price reached the peak level of $15,951 per ton. From November 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($55,998 per ton), while the average price for exports to the UK stood at $10,927 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+0.4%).

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

In 2022, overseas purchases of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds were finally on the rise to reach 826 tons after two years of decline. Overall, imports, however, showed a perceptible descent.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds soared to $7.8M in 2022. In general, imports, however, continue to indicate a perceptible curtailment.

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

1. China (206.4 tons)
2. Germany (154.8 tons)
3. India (115.1 tons)
4. United Kingdom (104.1 tons)
5. Austria (96.3 tons)
6. Turkey (31.8 tons)
7. Italy (29.7 tons)
8. Denmark (29.4 tons)

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

After three years of growth, shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds decreased by -20.3% to 203 tons in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 131%. As a result, the exports reached the peak of 255 tons, and then reduced rapidly in the following year.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds declined to $2.3M in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 96%. As a result, the exports reached the peak of $2.6M, and then dropped in the following year.

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

1. United Kingdom (179.5 tons)
2. Spain (7.5 tons)
3. Hong Kong SAR (6.4 tons)
4. Brazil (0.9 tons)

Source: IndexBox Market Intelligence Platform