Optimistic outlook for foil

11 April 2004


According to the European Aluminium Foil Association, in 2003 European sales of aluminium foil again achieved the high level of 2002. Deliveries reached 791,644t – a slight increase of 0.1 per cent over the previous year's 790,706t.

Sales were mainly driven by exports outside the EAFA regional coverage (Armenia, EU, Czech Republic, Hungary, Russia, Switzerland and Turkey) with a growth of 2.7 per cent, whilst usage in the EAFA region decreased slightly by 0.4 per cent.

EAFA president Livio Frigerio comments: "The sustained sales underline the continuing high level of demand for aluminium foil despite the difficult economic situation in Europe and show the global leadership of the European foil industry in terms of quality and competitiveness. Furthermore, the on-going practice of downgauging actually means an underestimate of the real growth of alufoil. In view of worldwide economic recovery the industry is optimistic for the year 2004."

Approximately three quarters of aluminium foil production is used in packaging.

  

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EAFA Tel: +49 (0)211 47 96 150




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