Strong domestic demand continues to offset export decline for European aluminium foil rollers
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).
European aluminium foil sector with record level of deliveries as domestic demand surges
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).