Europe: Aluminium Foil Market 2024

Aluminium Foil Market Size in Europe

In 2022, after three years of growth, there was significant decline in the Europe aluminium foil market, when its value decreased by X% to $X. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Aluminium Foil Production in Europe

In value terms, aluminium foil production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X, and then declined modestly in the following year.

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Aluminium Foil Exports

Exports in Europe

In 2022, overseas shipments of aluminium foil increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, aluminium foil exports skyrocketed to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), Greece (X tons), France (X tons) and Belgium (X tons) were the main exporters of aluminium foil, together generating X% of total exports. Spain (X tons), Poland (X tons), the Netherlands (X tons), Sweden (X tons), Slovenia (X tons), Bulgaria (X tons), Luxembourg (X tons) and the UK (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Greece ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. France, Belgium, Spain, the Netherlands, Poland, Sweden, Slovenia, Bulgaria, Luxembourg and the UK lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Bulgaria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in France ($X per ton) and Spain ($X per ton), while the UK ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Aluminium Foil Imports

Imports in Europe

In 2022, the amount of aluminium foil imported in Europe expanded sharply to X tons, increasing by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium foil imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of aluminium foil imports in 2022 were Germany (X tons), France (X tons), Italy (X tons), Poland (X tons) and the UK (X tons), together accounting for X% of total import. Switzerland (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), the Netherlands (X%) and Belgium (X%). The following importers - Austria (X tons), the Czech Republic (X tons), Denmark (X tons) and Russia (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium foil importing markets in Europe were Germany ($X), Italy ($X) and Poland ($X), together comprising X% of total imports.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform