Asia-Pacific: Aluminium Foil Market 2025

Aluminium Foil Market Size in Asia-Pacific

After five years of growth, the Asia-Pacific aluminium foil market decreased by -2.2% to $X in 2021. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020, and then contracted modestly in the following year.

Aluminium Foil Production in Asia-Pacific

In value terms, aluminium foil production shrank slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted slightly in the following year.

Aluminium Foil Exports

Exports in Asia-Pacific

In 2021, aluminium foil exports in Asia-Pacific expanded remarkably to X tons, surging by 13% against 2020. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 31%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, aluminium foil exports surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, finishing at X tons, which was approx. 75% of total exports in 2021. It was distantly followed by Thailand (X tons), Japan (X tons) and South Korea (X tons), together achieving a 16% share of total exports. Malaysia (X tons) and India (X tons) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to aluminium foil exports from China stood at +8.3%. At the same time, Thailand (+32.0%), India (+13.6%) and Japan (+7.6%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +32.0% from 2012-2021. Malaysia and South Korea experienced a relatively flat trend pattern. While the share of Thailand (+5.1 p.p.) and China (+1.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (-2.2 p.p.) and South Korea (-5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium foil supplier in Asia-Pacific, comprising 67% of total exports. The second position in the ranking was taken by Japan ($X), with a 12% share of total exports. It was followed by South Korea, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +8.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+3.3% per year) and South Korea (-4.4% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, increasing by 21% against the previous year. Overall, the export price, however, recorded a noticeable setback. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+1.4%), while the other leaders experienced a decline in the export price figures.

Aluminium Foil Imports

Imports in Asia-Pacific

In 2021, approx. X tons of aluminium foil were imported in Asia-Pacific; with an increase of 15% on the previous year's figure. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 17%. The volume of import peaked in 2021 and is likely to see steady growth in the near future.

In value terms, aluminium foil imports surged to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, 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

India (X tons) and Thailand (X tons) represented roughly 37% of total imports in 2021. China (X tons) ranks next in terms of the total imports with a 10% share, followed by South Korea (9.6%), Japan (8.3%), Indonesia (7.5%) and Malaysia (5.4%). Vietnam (X tons), Singapore (X tons), Australia (X tons), Taiwan (Chinese) (X tons), Pakistan (X tons) and Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +13.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium foil importing markets in Asia-Pacific were China ($X), India ($X) and Thailand ($X), together comprising 51% of total imports. These countries were followed by Japan, South Korea, Indonesia, Malaysia, Vietnam, Singapore, Australia, Taiwan (Chinese), Pakistan and Bangladesh, which together accounted for a further 45%.

Indonesia, with a CAGR of +12.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, picking up by 11% against the previous year. In general, the import price, however, saw a perceptible contraction. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :