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In 2024, approx. 1.5M tons of aluminium foil were exported from China; rising by 17% on 2023. Overall, total exports indicated buoyant growth from 2014 to 2024: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. The exports peaked in 2024 and are expected to retain growth in the immediate term.
In value terms, aluminium foil exports amounted to $5.6B (IndexBox estimates) in 2024. Over the period under review, exports recorded resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports attained the maximum at $6.7B in 2022; however, from 2023 to 2024, the exports failed to regain momentum.COUNTRYExport Value of Aluminium Foil in China (million USD)2014201520162017201820192020202120222023India300314331306358374261374495473Malaysia134116127168236160137219356352Thailand137150156181236269278494568351South Korea138140162214355352354387499310Japan206195179213249249237381446295United States422477486456261200184204323286Mexico79.187.698.7134159136136245319273Indonesia128111124152212165168224327206Others1,6171,5871,5341,7792,2432,1122,0722,5903,3612,474Total3,1613,1783,1993,6034,3094,0173,8275,1186,6935,021Exports by Country
India (136K tons), Thailand (101K tons) and Mexico (78K tons) were the main destinations of aluminium foil exports from China, together comprising 24% of total exports.
From 2014 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +13.3%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for aluminium foil exported from China were India ($473M), Malaysia ($352M) and Thailand ($351M), with a combined 23% share of total exports. South Korea, Japan, the United States, Mexico and Indonesia lagged somewhat behind, together accounting for a further 27%.
Mexico, with a CAGR of +14.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
In 2024, the aluminium foil price stood at $3,837 per ton in 2023 (FOB, China), reducing by -16.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the maximum at $4,572 per ton in 2022, and then reduced notably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($6,927 per ton), while the average price for exports to Saudi Arabia ($2,929 per ton) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
This report provides an in-depth analysis of the aluminium foil market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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