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The first quarter of 2022 saw strong domestic demand offset a continuing decline in exports for European aluminium foil deliveries. Overall, the tonnage produced, 244,700, was just 0.2% below the same period last year. Demand in the larger domestic market segment was up 5%, while exports dropped sharply by 27%, as pressures on several non-domestic fronts continue to weigh, according to figures released recently by the European Aluminium Foil Association (EAFA).
Full year results for Europe’s aluminium foil rollers saw 2021 finish on a record high, as the sector delivered overall growth of 3,9% compared with the previous 12 months. Total tonnage increased to 967.000 (2020: 931.000t) led by sustained recovery in domestic demand, which added 7,5% across the whole year and 12,8% in Q4 alone, according to figures released by the European Aluminium Foil Association (EAFA).
Read more … European aluminium foil sector with record level of deliveries as domestic demand surges
