Report Update Feb 1, 2025

Hong Kong SAR, China - Aluminium Foil - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Aluminium Foil Market 2025

Aluminium Foil Market Size in Hong Kong SAR, China

The Hong Kong aluminium foil market amounted to $X in 2022, picking up by 13% against the previous year. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -12.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Aluminium Foil Production in Hong Kong SAR, China

In value terms, aluminium foil production expanded sharply to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of 193%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Aluminium Foil Exports

Exports from Hong Kong SAR, China

In 2022, after two years of growth, there was significant decline in overseas shipments of aluminium foil, when their volume decreased by -52.6% to X tons. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 43%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium foil exports declined markedly to $X in 2022. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for aluminium foil exports from Hong Kong SAR, accounting for a approx. 95% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled -10.2%.

In value terms, China ($X) also remains the key foreign market for aluminium foil exports from Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at -13.0%.

Export Prices by Country

The average aluminium foil export price stood at $X per ton in 2022, growing by 3.1% against the previous year. In general, the export price, however, saw a perceptible downturn. The growth pace was the most rapid in 2018 an increase of 13%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.1% per year.

Aluminium Foil Imports

Imports into Hong Kong SAR, China

In 2022, imports of aluminium foil into Hong Kong SAR declined markedly to X tons, falling by -43% on the year before. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 25%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aluminium foil imports shrank dramatically to $X in 2022. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 22% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Japan (X tons) and South Korea (X tons) were the main suppliers of aluminium foil imports to Hong Kong SAR, together comprising 89% of total imports. The United States and Cambodia lagged somewhat behind, together accounting for a further 8.4%.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of 0.0%), while purchases for the other leaders experienced a decline.

In value terms, Japan ($X), China ($X) and South Korea ($X) constituted the largest aluminium foil suppliers to Hong Kong SAR, together accounting for 90% of total imports. The United States and Cambodia lagged somewhat behind, together accounting for a further 5.9%.

Cambodia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average aluminium foil import price stood at $X per ton in 2022, with an increase of 1.6% against the previous year. Over the period under review, the import price, however, showed a perceptible setback. The pace of growth was the most pronounced in 2018 an increase of 10%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Japan ($X per ton), while the price for Cambodia ($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 States (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium foil in the world?

The country with the largest volume of aluminium foil consumption was China, accounting for 27% of total volume. Moreover, aluminium foil consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Japan ranked third in terms of total consumption with a 6% share.

What are the largest producers of aluminium foil in the world?

China constituted the country with the largest volume of aluminium foil production, accounting for 39% of total volume. Moreover, aluminium foil production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Japan, with a 6.1% share.

What are the leading suppliers of aluminium foil to Hong Kong SAR, China?

In value terms, the largest aluminium foil suppliers to Hong Kong SAR were Japan, China and South Korea, together comprising 91% of total imports.

What are the leading importers of aluminium foil from Hong Kong SAR, China?

In value terms, China emerged as the key foreign market for aluminium foil exports from Hong Kong SAR, comprising 96% of total exports. The second position in the ranking was occupied by South Korea, with a 0.5% share of total exports.

What is the average export price for aluminium foil in Hong Kong SAR, China?

In 2021, the average aluminium foil export price amounted to $14,111 per ton, jumping by 118% against the previous year.

What is the average import price for aluminium foil in Hong Kong SAR, China?

In 2021, the average aluminium foil import price amounted to $9,773 per ton, dropping by -2.7% against the previous year.

This report provides an in-depth analysis of the aluminium foil market in Hong Kong SAR, 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.

Product coverage:

Prodcom 24422500 - Aluminium foil of a thickness (excluding any backing) . 0,2 mm

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024