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

Contents:

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

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

In 2022, the average import price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $5,585 per ton, increasing by 23% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,371 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($11,569 per ton), while the price for China ($4,665 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 States (+7.4%), 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 Ecuador (FOB) - 2022

In 2022, the average export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds amounted to $12,484 per ton, surging by 5.7% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds increased by +109.4% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 57%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for Cuba amounted to +80.2% per year.

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

Imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds into Ecuador skyrocketed to 1.5K tons in 2022, increasing by 39% on the previous year. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds skyrocketed to $8.2M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (1130.9 tons)
2. Italy (167.2 tons)
3. United States (61.0 tons)
4. Austria (22.0 tons)
5. Colombia (8.7 tons)

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

For the fourth consecutive year, Ecuador recorded growth in shipments abroad of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds, which increased by 19% to 861 kg in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of aluminium; foil, (not backed), of a thickness not exceeding 0.2mm, not rolleds surged to $11K in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Colombia (860.0 kg)

Source: IndexBox Market Intelligence Platform