Current Trends and Forcast for Aluminium Foil and Its uses

Due to its versatility and multiple uses, aluminium foil turns out to become one of the most consumed aluminium products across the world. Growing at 3.9% per annum in recent years, the global aluminium foil usage reached 5.33 million tonnes in 2018 and is further, forecast to reach 6.71 million tonnes by 2025. China’s aluminium foil usage is estimated at 2.43 million tonnes in 2018 which accounts for about 46% of the world usage. From the point of view of end-user sector, consumer applications account for a bulk of the aluminium foil usage and in 2018 the segment accounted for 69% of the global foil demand. Industrial applications accounted for the rest 31%.

The global demand for aluminium foil is expected to be led by China and the emerging markets in the coming decades. The growth in China will be followed slowly by mature US and European markets. China’s aluminium foil market is expected to outpace the global usage with the country’s demand forecast to grow at 4.7% per annum during the next seven years. However, slowdown in Chinese economy might impact the forecast in the coming years.

World aluminium foil production capacity stood at an estimated 6.85 million tonnes in 2018. China accounted for about 63% of the world foil production capacity equating to about 4.3 million tonnes. China is not only the largest producer and consumer of foils, but also the highest exporter of aluminium foils, which led countries like the U.S., Mexico, Turkey and others to take up restrictive trade actions against Chinese foil import.

Source : https://www.alcircle.com/specialreport/315/aluminium-foil 

 

Anti-dumping Investigation on ‘Certain Flat Rolled Products of Aluminium’ originating in or exported from China PR.

8th September 2020 :  Anti Dumping Investigation  on Aluminium Flat Rolled Products  of  chinese origin :

On the basis of the duly substantiated written application by or on behalf of the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the domestic industry, about dumping of the product under consideration originating in or exported from the subject country, injury to the domestic industry and causal link between such alleged dumping and injury,  the Authority, hereby, initiates investigation to determine the existence, degree and effect of alleged dumping in respect of the product under consideration originating and exported from the subject country and to recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry.

The subject country in the present investigation is China PR

 The injury investigation period has been considered as the periods 2016–2017, 2017­-2018, 2018-19 and POI is being proposed as April 2019- March 2020 (12 months) and the injury period will cover the periods April 2016- March 2017, April 2017- March 2018, April 2018- March 2019 and the POI.

Anti-dumping duty probe against Aluminium foil imports from Malaysia,Thailand,Indonesia

22nd June 2020 :

 Anti-dumping duty probe  on Aluminium foil  Thickness 80 mic and below imported from Indonesia, Malaysia Thailand .

The product under consideration is Aluminium Foil 80 micron and below such as cigarette foil and home foil, among others. The Directorate General of Trade Remedies (DGTR) said it has initiated an investigation to “determine the existence, degree and effect of any alleged dumping in respect of the subject goods originating in or exported from the subject countries and to recommend the amount of anti-dumping duty, which if levied, would be adequate to remove the injury to the domestic industry”.
The period of investigation for the present investigation is April 1, 2019 to March 31, 2020. The injury investigation period will cover FY17-FY20.

Anti-dumping duty on Chinese Origin Aluminium foils 5.5mic to 80 mic for 5 years

17th May 2017

Anti Dumping Duty Imposed for 5 years on Chinese Origin Aluminium Foil 5.5 mic to 80 mic 

Government  of India  has imposed anti-dumping duty on imports of aluminium foil from China. “The designated authority has recommended imposition of definitive anti-dumping duty on the imports of subject goods, originating in, or exported from the subject country and imported into India, in order to remove injury to the domestic industry,” Finance Ministry said in a notification (No.23/2017-Customs – ADD) on Tuesday.

“The Authority has come to the conclusion that the subject goods have been exported to India from the China below normal values and the domestic industry has suffered material injury on account of subject imports from subject country,” the notification said.

Based on recommendations, the Finance Ministry imposed an antidumping duty ranging from $0.69 per kg to $1.63 per kg.

The product under consideration is aluminium foil, whether or not printed or backed with paper, paper board, plastics or similar packing materials of a thickness ranging from 5.5 micron to 80 micron.

The anti-dumping duty shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of the notification and shall be payable in Indian currency, the notification said.

According to Ministry of Commerce, India imported aluminium foil worth $380.40 million in 2016-17 (April-February), of which $288.22 million was shipped from China alone. China made up around 75% of the total aluminium foil imports into the country.

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