Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
22 NOVEMBER 2023 AL CIRCLE

European aluminium foil deliveries face a hit in Q3 2023 owing to worldwide demand crisis: EAFA

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Aluminium foil shipments from European rollers were impacted in Q3 2023 by sluggish demand for foil products owing to high inflation and interest rates worldwide.

European aluminium foil deliveries face a hit in Q3 2023 owing to worldwide demand crisis

{alcircleadd}

According to the survey carried out by the European Aluminium Foil Association (EAFA), Q3 shipments amounted to 191,000 tonnes, down by 20.08 per cent from 239,0000 tonnes during the corresponding period of the previous year.

Total foil shipments (both domestic and overseas) by European rollers during the first nine months of 2023 amounted to 636,000 tonnes – 12.9 per cent less than in the previous year.

Thinner gauges, used mainly for flexible packaging and household foils, continued double-digit declines, reflecting 19 per cent drop in domestic shipments and almost 40 per cent in exports. Year-to-date shipments of these gauges showed a decline of about 15 per cent, attributed to weaker demand in packaging applications for end consumer products.

 Overseas deliveries of thicker gauges, used for semi-rigid containers, technical or other applications, also decreased by 20 per cent year-on-year on a 16 per cent demand fall from Europe.

Bruno Rea, Chair of EAFA Roller Group, said: “With so many issues outside our control, which now impact on economic activity, it is hard to place any certainty on demand. For sure, recovery can only be expected in 2024 due to higher resilience of our end markets, as well as other base effects, such as the reduction of armed conflicts and more confidence in economic growth prospects. Demand for packaging should recover in some degree as the Festive season approaches, while stock inventories will not remain high forever. So, the foil rolling sector hopes to see more positive signs ahead.”

However, AL Circle research team estimates the global aluminium foil usage to amount to 6.1 million tonnes in 2023, with Europe accounting for 16 per cent of the worldwide consumption. To know more such informative data related to aluminium foil, read our report - “Aluminium Foil and its End Uses: Current Trends and Forecast till 2028”.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.