European Aluminium Foil Association e.V.
Alufoil achives production growth on all fronts
Edited by : AL CIRCLE
2 min read
Aluminium foil production showed growth across all gauges for the first time in the first quarter of 2013 since mid-2011. Overall first quarter production grew by 3.7% to 209,400t as compared to 201,900 in 2012. Exports from European manufacturers maintained the momentum seen in the later part of 2012 with a first quarter growth of 10.3%, according to figures released by the European Aluminium Foil Association recently.
Thinner gauges continued their steady recovery during 2012 with a 2.4% increase in the first quarter of 2013. Thicker gauges advanced by 2.5%, showing growth in this sector for the first time in 18 months.
However the Association believes the outlook remains cautious. EAFA’s Executive Director Stefan Glimm commented, “These are pleasing results, particularly the recovery of volumes for thicker gauges. But demand remains weak in the automotive and building sectors and, until we see an upturn in these industries, predicting future order patterns remains difficult.”
More optimism is evident in the food and beverage markets which are proving very resilient during continued economic uncertainty and slower than expected recoveries in most European economies. Another bright spot is the strong export order books for aluminium foil which indicate the strength of the markets in the Asia-Pacific region, India and the Americas.
“The aluminium foil sector is highly innovative, as the recent winners of the Alufoil Trophy 2013 demonstrated. This, together with a flexible and dynamic approach to demand changes, means that the European foil rollers remain strong and well placed to meet future challenges,” added Mr Glimm.
Thinner gauges continued their steady recovery during 2012 with a 2.4% increase in the first quarter of 2013. Thicker gauges advanced by 2.5%, showing growth in this sector for the first time in 18 months.
However the Association believes the outlook remains cautious. EAFA’s Executive Director Stefan Glimm commented, “These are pleasing results, particularly the recovery of volumes for thicker gauges. But demand remains weak in the automotive and building sectors and, until we see an upturn in these industries, predicting future order patterns remains difficult.”
More optimism is evident in the food and beverage markets which are proving very resilient during continued economic uncertainty and slower than expected recoveries in most European economies. Another bright spot is the strong export order books for aluminium foil which indicate the strength of the markets in the Asia-Pacific region, India and the Americas.
“The aluminium foil sector is highly innovative, as the recent winners of the Alufoil Trophy 2013 demonstrated. This, together with a flexible and dynamic approach to demand changes, means that the European foil rollers remain strong and well placed to meet future challenges,” added Mr Glimm.
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