Sales of aluminium foil from EU-based suppliers reached a record 870,300t last year, representing year-on-year growth of 3.7%, according to the European Aluminium Foil Association (EAFA), whose members represent nearly 98% of total supply in the European market place.
Demand for thinner gauge foil, which is used mostly in flexible packaging, grew by 2.9% last year, while demand for thicker gauges, mainly used for the manufacture of containers and technical materials, rose by 7.8%.
EAFA president Fred McDonogh said the industry expects the growth in demand to continue during 2007 despite the rising cost of the material.
"The continued high price of raw materials is causing concern among customers," he said. "However, the aluminium foil rollers are co-operating closely with customers to continuously improve competitiveness of alufoil based packaging solutions through product innovation, as well as through process and supply chain optimisation."
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