Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Brazil - 2024

Contents:

1. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Brazil (CIF) - 2024
2. Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Brazil (FOB) - 2024
3. Imports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Brazil
4. Exports of Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Brazil

Price for Aluminium; Foil, (Not Backed), of A Thickness Not Exceeding 0.2mm, Not Rolled in Brazil (CIF) - 2024

In February 2024, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $6,082 per ton, with a decrease of -35.8% against the previous month. Over the period under review, the import price continues to indicate a perceptible decline. The pace of growth was the most pronounced in January 2024 an increase of 60% against the previous month. As a result, import price attained the peak level of $9,472 per ton, and then shrank markedly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was the United States ($18,098 per ton), while the price for India ($3,079 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Switzerland (+3.8%), 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 Brazil (FOB) - 2024

In February 2024, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $7,963 per ton, picking up by 6.8% against the previous month. Over the period under review, the export price, however, saw a noticeable contraction. The pace of growth was the most pronounced in July 2023 when the average export price increased by 113% m-o-m. As a result, the export price reached the peak level of $19,071 per ton. From August 2023 to February 2024, 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 the United States ($19,654 per ton), while the average price for exports to Canada ($4,376 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+4.6%), 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 Brazil

For the third year in a row, Brazil recorded decline in purchases abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which decreased by -20.5% to 6.6K tons in 2022. Over the period under review, imports faced a precipitous shrinkage. The smallest decline of -9.2% was in 2021.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds declined to $51M in 2022. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.

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

1. China (2896.7 tons)
2. Germany (972.3 tons)
3. South Korea (829.6 tons)
4. Thailand (593.9 tons)
5. Japan (414.9 tons)
6. Switzerland (254.8 tons)
7. Italy (177.6 tons)
8. Hong Kong SAR (98.5 tons)

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

Exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds from Brazil skyrocketed to 660 tons in 2022, increasing by 80% on the previous year. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 87% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $5.8M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Argentina (256.9 tons)
2. Mexico (142.9 tons)
3. United States (81.0 tons)
4. Paraguay (71.7 tons)
5. Canada (29.0 tons)
6. Cuba (21.1 tons)
7. Uruguay (12.3 tons)
8. Trinidad and Tobago (11.7 tons)
9. Bolivia (3.9 tons)

Source: IndexBox Market Intelligence Platform