Cautious optimism for alufoil sales - EAFA sees light at the end of the economic tunnel

Date: Dec 1, 2009

Cautious optimism in an economic recovery has been expressed by the European Aluminium Foil Association (EAFA) following publication of alufoil data for the first nine months of 2009. Latest figures show a 9.2 % fall to 569,200t in members’ alufoil production, compared with the first three quarters of 2008 but the figures for September 2009 compared with 2008 indicate that there are some green shoots of recovery.

A quietly confident Stefan Glimm, EAFA's Executive Director, said: “There seems to be light at the end of the tunnel but there are still many uncertainties in the market. We are particularly pleased with the performance of foils used for both flexible packaging and containers such as foil trays, where the signs of recovery are most pronounced.”

EAFA shipments* of thin foils, mainly used for flexible packaging and household foil, fell by only 3.2% to 327,500t for the first three quarters of 2009 compared with 2008. On the other hand, in line with the major recessionary impacts the worst affected area was automotive and construction which uses thicker foils, down 22.1% to 147,600 t. Sales within EAFA member countries* fell by 10 % while exports to other countries dropped by a modest 4.8%.

Aluminium foil characteristics are strength, formability and barrier properties which have made it an essential part of many flexible packaging and container applications. Other uses of aluminium foil include automotive and heat exchange components, insulation material and many industrial applications.

The European Aluminium Foil Association is the international body representing companies engaged in the rolling and rewinding of alufoil and in the manufacture of alufoil containers and of all kind of flexible packaging. Its more than 100 members include companies in Western, Central and Eastern Europe.

* EAFA region covers Armenia, Austria, Belgium, Bulgaria, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Italy, Luxembourg, Netherlands, Norway, Russia, Slovenia, Spain, Sweden, Switzerland, Turkey and UK





 
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