Global Aluminium Foil Market 2024

Aluminium Foil Market Size

The global aluminium foil market declined modestly to $X in 2022, approximately mirroring the previous year. Overall, the total consumption indicated a pronounced increase 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 2015 indices. Over the period under review, the global market hit record highs at $X in 2021, and then declined slightly in the following year.

Aluminium Foil Production

In value terms, aluminium foil production fell to $X in 2022 estimated in export price. In general, the total production indicated a tangible increase 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Global production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Aluminium Foil Exports

Exports

In 2022, global exports of aluminium foil rose sharply to X tons, increasing by X% compared with 2021 figures. The total export volume 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 pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, aluminium foil exports soared to $X in 2022. In general, total exports indicated a perceptible increase 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

China represented the largest exporter of aluminium foil in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Germany (X tons), creating an X% share of total exports. Italy (X tons), Turkey (X tons), Thailand (X tons), the United States (X tons), Greece (X tons), South Korea (X tons), Japan (X tons), the United Arab Emirates (X tons), France (X tons), Belgium (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to aluminium foil exports from China stood at X%. At the same time, Thailand (X%), the United Arab Emirates (X%), Turkey (X%), Japan (X%), Greece (X%), South Korea (X%), Belgium (X%), Malaysia (X%) and Italy (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. France, the United States and Germany experienced a relatively flat trend pattern. China (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the global exports, while the United States and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium foil supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Germany ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In China, aluminium foil exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average aluminium foil export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Aluminium Foil Imports

Imports

In 2022, the amount of aluminium foil imported worldwide rose sharply to X tons, growing by X% compared with the year before. The total import volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, aluminium foil imports skyrocketed to $X in 2022. Overall, total imports indicated perceptible 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, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons), followed by Germany (X tons), India (X tons), Mexico (X tons) and Thailand (X tons) were the largest importers of aluminium foil, together generating X% of total imports. France (X tons), Italy (X tons), Poland (X tons), the UK (X tons), the United Arab Emirates (X tons), South Korea (X tons), Indonesia (X tons) and China (X tons) held a little share of total imports.

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

In value terms, the largest aluminium foil importing markets worldwide were the United States ($X), Germany ($X) and China ($X), with a combined X% share of global imports. India, Thailand, Mexico, Italy, Poland, France, the UK, Indonesia, South Korea and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average aluminium foil import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the United Arab Emirates ($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 United Arab Emirates (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform