Report Update: May 1, 2024

Serbia - Aluminium Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights

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Aluminium Tube Price in Serbia - 2023

Aluminium Tube Price in Serbia (FOB) - 2023

In November 2023, the average aluminium tube export price amounted to $5,603 per ton, waning by -4.9% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 14% m-o-m. The export price peaked at $6,297 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Denmark ($10,474 per ton), while the average price for exports to France ($4,434 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Tube Price in Serbia (CIF) - 2022

The average aluminium tube import price stood at $5,466 per ton in 2022, rising by 70% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium tube import price increased by +74.1% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($18,384 per ton), while the price for Turkey ($5,051 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Tube Exports in Serbia

For the fourth consecutive year, Serbia recorded growth in overseas shipments of aluminium tubes and pipes, which increased by 5.1% to 1.1K tons in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 247% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, aluminium tube exports skyrocketed to $5.7M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 217%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Aluminium Tube in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	158	879	804	1,074	89.4%
France	0.2	1.3	599	1,025	1624.1%
United Kingdom	N/A	56.2	254	701	253.2%
Italy	5.9	198	238	379	300.5%
Hungary	128	274	294	333	37.5%
Belgium	6.8	25.6	200	324	262.5%
Denmark	N/A	100	168	294	71.5%
Netherlands	N/A	57.5	210	245	106.4%
Germany	71.8	158	172	198	40.2%
Greece	113	223	119	170	14.6%
Spain	N/A	104	295	139	15.6%
Romania	41.0	40.7	112	113	40.2%
Portugal	N/A	14.3	34.8	92.7	154.6%
Others	219	222	519	587	38.9%
Total	744	2,355	4,020	5,674	96.8%

Top Export Markets for Aluminium Tube from Serbia in 2022:

France (215.3 tons)
Poland (213.7 tons)
United Kingdom (150.4 tons)
Italy (90.1 tons)
Hungary (79.6 tons)
Netherlands (50.0 tons)
Belgium (42.9 tons)
Greece (36.7 tons)
Spain (35.2 tons)
Germany (31.2 tons)
Romania (30.1 tons)
Denmark (26.6 tons)
Portugal (22.2 tons)

Aluminium Tube Imports in Serbia

In 2022, aluminium tube imports into Serbia declined sharply to 174 tons, falling by -72.3% against the year before. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. As a result, imports attained the peak of 628 tons, and then shrank sharply in the following year.

In value terms, aluminium tube imports shrank dramatically to $952K in 2022. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of $2M, and then dropped remarkably in the following year.

Import of Aluminium Tube in Serbia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	1.2	258	1,132	783	767.3%
Turkey	110	47.6	75.1	73.6	-12.5%
Germany	28.2	3.7	8.9	37.1	9.6%
Italy	94.0	3.4	21.0	26.0	-34.8%
Poland	839	589	723	11.5	-76.1%
Others	100	37.2	54.7	21.0	-40.6%
Total	1,173	939	2,015	952	-6.7%

Top Suppliers of Aluminium Tube to Serbia in 2022:

Spain (150.1 tons)
Turkey (14.6 tons)
Germany (3.0 tons)
Poland (2.2 tons)
Italy (1.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium tube market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24422630 - Aluminium tubes and pipes (excluding hollow profiles, tube or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)

Country coverage:

Serbia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Serbia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023