India: Aluminium Foil Market 2025

Aluminium Foil Market Size in India

The Indian aluminium foil market expanded slightly to $X in 2022, surging by 1.9% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 -1.1% against 2019 indices. Aluminium foil consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Aluminium Foil Production in India

In value terms, aluminium foil production amounted to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.5% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 22% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Aluminium Foil Exports

Exports from India

In 2022, the amount of aluminium foil exported from India surged to X tons, with an increase of 46% on 2021. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium foil exports soared to $X in 2022. Overall, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for aluminium foil exports from India, with a 37% share of total exports. Moreover, aluminium foil exports to the United States exceeded the volume sent to the second major destination, Bangladesh (X tons), fourfold. The third position in this ranking was taken by Italy (X tons), with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +38.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+9.0% per year) and Italy (+45.8% per year).

In value terms, the United States ($X) remains the key foreign market for aluminium foil exports from India, comprising 35% of total exports. The second position in the ranking was taken by Bangladesh ($X), with an 11% share of total exports. It was followed by Italy, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to +41.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+10.3% per year) and Italy (+55.2% per year).

Export Prices by Country

The average aluminium foil export price stood at $X per ton in 2022, with an increase of 20% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Foil Imports

Imports into India

In 2022, the amount of aluminium foil imported into India surged to X tons, growing by 16% compared with the previous year's figure. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 25%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, aluminium foil imports soared to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium foil supplier to India, with a 58% share of total imports. Moreover, aluminium foil imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), twofold. The third position in this ranking was taken by Malaysia (X tons), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+53.2% per year) and Malaysia (+9.6% per year).

In value terms, the largest aluminium foil suppliers to India were China ($X), Thailand ($X) and Malaysia ($X), with a combined 86% share of total imports.

Thailand, with a CAGR of +55.9%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium foil import price amounted to $X per ton, growing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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