South-Eastern Asia: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in South-Eastern Asia

In 2022, the Southeast Asian aluminium alloy tube market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Aluminium Alloy Tube Production in South-Eastern Asia

In value terms, aluminium alloy tube production reduced to $X in 2022 estimated in export price. Overall, production recorded a slight contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Aluminium Alloy Tube Exports

Exports in South-Eastern Asia

After two years of decline, shipments abroad of aluminium alloy tubes and pipes increased by X% to X tons in 2022. Overall, exports, however, continue to indicate a perceptible reduction. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, aluminium alloy tube exports surged to $X in 2022. Over the period under review, exports, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam represented the largest exporter of aluminium alloy tubes and pipes in South-Eastern Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Indonesia (X tons), Malaysia (X tons) and Thailand (X tons), together mixing up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest aluminium alloy tube supplying countries in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Malaysia ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Thailand ($X per ton) and Vietnam ($X per ton), while Malaysia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Aluminium Alloy Tube Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of aluminium alloy tubes and pipes increased by X% to X tons, rising for the seventh year in a row after two years of decline. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, aluminium alloy tube imports shrank to $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined modestly in the following year.

Imports by Country

The purchases of the three major importers of aluminium alloy tubes and pipes, namely Thailand, Indonesia and Vietnam, represented more than two-thirds of total import. Malaysia (X tons) held the next position in the ranking, distantly followed by Cambodia (X tons). All these countries together took approx. X% share of total imports. Singapore (X tons) and the Philippines (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported aluminium alloy tubes and pipes in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In Thailand, aluminium alloy tube imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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