Overview of the Market for Aluminum Sheet, Plate, And Foil in the USA
In value terms, aluminum sheet, plate, and foil production fell modestly to $ in 2019. Over the period under review, production continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by % y-o-y. As a result, production attained the peak level of $. From 2015 to 2019, production growth remained at a lower figure.
The size of the market for aluminum sheets, plates, and foil in the U.S. contracted slightly to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2015 to 2019, the growth of the market failed to regain the momentum.