Enhanced search
 

News

  26/11/2018 | Packaging

European aluminium foil deliveries power ahead on all fronts

The third quarter of 2018 saw demand for Europe’s aluminium foil surge to record levels, and well ahead of the same period in 2017. This was principally led by a continued spectacular performance in overseas markets. Deliveries in Q3 reached 237,700 t, an increase of 6.4 % on the same period of 2017. Domestic demand has remained solid throughout 2018 and continued to reflect (+0.5 %) a steady recovery in consumption.

Year to Date (YTD) figures are even more impressive: in marked contrast to the first nine months of 2017, the export performance is 28.8 % ahead. Thinner gauges, used mainly for flexible packaging and household foils, rose by 4.8 %. Thicker foils, used typically for semi-rigid containers and technical applications added 1.9 %, moving into positive territory after a small decline in the first half of this year. Overall, the YTD deliveries at 718,000 t are 3.7 % better than last time (692,500 t).

Remarking on the figures Guido Aufdemkamp, Executive Director of EAFA said, “These good results are based on a unique combination of improved domestic demand and particularly high demand from outside Europe. The international trade flows of aluminium foil have been changed significantly due to the trade actions in the USA and elsewhere. These unusual circumstances may not continue in the long term.”

www.alufoil.org