Mexico: Aluminium Foil Market 2025

Aluminium Foil Market Size in Mexico

In 2022, the Mexican aluminium foil market increased by 20% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.7% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Aluminium Foil Exports

Exports from Mexico

In 2022, exports of aluminium foil from Mexico amounted to X tons, remaining constant against the year before. Over the period under review, exports recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of 59%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium foil exports soared to $X in 2022. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 63%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

The United States (X tons) was the main destination for aluminium foil exports from Mexico, accounting for a 90% share of total exports. Moreover, aluminium foil exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +16.3%.

In value terms, the United States ($X) remains the key foreign market for aluminium foil exports from Mexico, comprising 92% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 7.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +19.3%.

Export Prices by Country

In 2022, the average aluminium foil export price amounted to $X per ton, rising by 28% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium foil export price increased by +54.1% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Guatemala stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Foil Imports

Imports into Mexico

In 2022, approx. X tons of aluminium foil were imported into Mexico; surging by 9.2% against 2021 figures. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +117.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, aluminium foil imports soared to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value 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, imports increased by +56.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The United States (X tons), China (X tons) and Germany (X tons) were the main suppliers of aluminium foil imports to Mexico, with a combined 96% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +14.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest aluminium foil suppliers to Mexico, with a combined 94% share of total imports.

China, with a CAGR of +19.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium foil import price stood at $X per ton in 2022, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2015 when the average import price increased by 42%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($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 (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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