Global Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size

For the third year in a row, the global aluminium alloy tube market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Global consumption peaked in 2022 and is likely to see steady growth in years to come.

Aluminium Alloy Tube Production

In value terms, aluminium alloy tube production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, global production growth failed to regain momentum.

Aluminium Alloy Tube Exports

Exports

In 2022, the amount of aluminium alloy tubes and pipes exported worldwide dropped to X tons, waning by X% against 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The global exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy tube exports stood at $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

China was the main exporter of aluminium alloy tubes and pipes in the world, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. The United States (X tons) ranks second in terms of the total exports with an X% share, followed by Belgium (X%), Denmark (X%) and Italy (X%). South Africa (X tons), Mexico (X tons), Russia (X tons), the Czech Republic (X tons), the Netherlands (X tons), Bulgaria (X tons), South Korea (X tons) and Turkey (X tons) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to aluminium alloy tube exports from China stood at X%. At the same time, Belgium (X%), Russia (X%), Mexico (X%), the Netherlands (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Denmark, the United States, the Czech Republic, South Africa and Italy experienced a relatively flat trend pattern. By contrast, Bulgaria (X%) and South Korea (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Belgium (X p.p.) and Mexico (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium alloy tube supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the United States ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

In China, aluminium alloy tube exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Aluminium Alloy Tube Imports

Imports

For the third year in a row, the global market recorded growth in supplies from abroad of aluminium alloy tubes and pipes, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Global imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium alloy tube imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X tons), followed by the United States (X tons), Mexico (X tons) and Poland (X tons) were the key importers of aluminium alloy tubes and pipes, together generating X% of total imports. India (X tons), the Czech Republic (X tons), France (X tons), Thailand (X tons), the Netherlands (X tons), Indonesia (X tons), Vietnam (X tons), Austria (X tons) and Slovenia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Slovenia (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest aluminium alloy tube importing markets worldwide were Germany ($X), the United States ($X) and Mexico ($X), with a combined X% share of global imports. The Czech Republic, Poland, France, the Netherlands, Thailand, India, Austria, Slovenia, Vietnam and Indonesia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Slovenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium alloy tube import price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :