United Arab Emirates: Aluminium Foil Market 2025

Aluminium Foil Market Size in the United Arab Emirates

The aluminium foil market in the United Arab Emirates skyrocketed to $X in 2022, with an increase of 44% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw resilient growth. Aluminium foil consumption peaked in 2022 and is likely to continue growth in the near future.

Aluminium Foil Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of aluminium foil decreased by -28.5% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 47%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium foil exports fell significantly to $X in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 40% against the previous year. The exports peaked at $X in 2021, and then shrank dramatically in the following year.

Exports by Country

Morocco (X tons) was the main destination for aluminium foil exports from the United Arab Emirates, with a 40% share of total exports. Moreover, aluminium foil exports to Morocco exceeded the volume sent to the second major destination, Spain (X tons), fourfold. The third position in this ranking was held by Tanzania (X tons), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume to Morocco stood at +80.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+158.4% per year) and Tanzania (+13.4% per year).

In value terms, Morocco ($X), Spain ($X) and India ($X) appeared to be the largest markets for aluminium foil exported from the United Arab Emirates worldwide, with a combined 50% share of total exports.

Among the main countries of destination, Spain, with a CAGR of +193.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium foil export price amounted to $X per ton, growing by 11% against the previous year. In general, the export price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 an increase of 36% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Tanzania ($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 Spain (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Foil Imports

Imports into the United Arab Emirates

In 2022, aluminium foil imports into the United Arab Emirates expanded rapidly to X tons, picking up by 7.8% on 2021. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +7.3% 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 +86.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 50%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, aluminium foil imports surged to $X in 2022. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 48%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) was the main aluminium foil supplier to the United Arab Emirates, accounting for a 93% share of total imports. It was followed by India (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.9% per year) and Bahrain (-31.5% per year).

In value terms, China ($X) constituted the largest supplier of aluminium foil to the United Arab Emirates, comprising 89% of total imports. The second position in the ranking was taken by India ($X), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.2% per year) and Bahrain (-30.3% per year).

Import Prices by Country

The average aluminium foil import price stood at $X per ton in 2022, rising by 17% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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