![Nigeria - Aluminium Alloy Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/nigeria-aluminium-alloy-tubes-and-pipes-market-analysis-forecast-size-trends-and-insights.webp)
Nigeria - Aluminium Alloy Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAluminium Alloy Tube Price in Nigeria - 2022
Contents:
- Aluminium Alloy Tube Price in Nigeria (CIF) - 2022
- Aluminium Alloy Tube Price in Nigeria (FOB) - 2022
- Aluminium Alloy Tube Imports in Nigeria
- Aluminium Alloy Tube Exports in Nigeria
Aluminium Alloy Tube Price in Nigeria (CIF) - 2022
The average aluminium alloy tube import price stood at $3,200 per ton in 2022, with a decrease of -16.9% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2020 when the average import price increased by 14%. Over the period under review, average import prices hit record highs at $5,937 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($10,266 per ton), while the price for China ($1,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Alloy Tube Price in Nigeria (FOB) - 2022
The average aluminium alloy tube export price stood at $726 per ton in 2022, shrinking by -3.7% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2021 an increase of 8.2%. The export price peaked at $2,245 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($2,731 per ton), while the average price for exports to Niger ($93 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Alloy Tube Imports in Nigeria
In 2022, aluminium alloy tube imports into Nigeria skyrocketed to 289 tons, rising by 451% against 2021 figures. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium alloy tube imports surged to $926K in 2022. Over the period under review, imports enjoyed a significant increase.
Import of Aluminium Alloy Tube in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 86.1 | 288 | 26.0 | 392 | 65.7% |
Singapore | 135 | 396 | 99.1 | 321 | 33.5% |
Egypt | 20.6 | 50.0 | 10.3 | 44.1 | 28.9% |
Austria | 3.2 | 16.1 | 14.2 | 38.0 | 128.1% |
United States | 89.7 | 94.6 | 3.8 | 24.7 | -34.9% |
Czech Republic | 9.6 | 18.8 | 3.1 | 6.8 | -10.9% |
India | 19.1 | 90.0 | 2.2 | 6.5 | -30.2% |
Poland | 36.9 | N/A | N/A | N/A | 0% |
Others | 60.2 | 128 | 43.7 | 91.7 | 15.1% |
Total | 460 | 1,081 | 202 | 926 | 26.3% |
Top Suppliers of Aluminium Alloy Tube to Nigeria in 2022:
- China (209.7 tons)
- Singapore (31.3 tons)
- Egypt (11.5 tons)
- Austria (8.9 tons)
- India (3.8 tons)
- Czech Republic (3.2 tons)
- United States (2.1 tons)
Aluminium Alloy Tube Exports in Nigeria
In 2022, approx. 23 tons of aluminium alloy tubes and pipes were exported from Nigeria; dropping by -1.9% compared with 2021 figures. In general, exports saw a slight setback. The growth pace was the most rapid in 2021 when exports increased by 4%.
In value terms, aluminium alloy tube exports dropped to $16K in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year.
Export of Aluminium Alloy Tube in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ghana | 10.9 | 8.5 | 9.6 | 9.4 | -4.8% |
Burkina Faso | 7.2 | 5.6 | 6.3 | 6.2 | -4.9% |
Niger | 0.6 | 0.4 | 0.3 | 0.2 | -30.7% |
Benin | 0.2 | 0.3 | 0.6 | 0.1 | -20.6% |
Others | 0.5 | 0.6 | 0.7 | 0.6 | 6.3% |
Total | 19.4 | 15.5 | 17.5 | 16.5 | -5.3% |
Top Export Markets for Aluminium Alloy Tube from Nigeria in 2022:
- Burkina Faso (16.7 tons)
- Ghana (3.4 tons)
- Niger (2.4 tons)
- Benin (0.2 tons)
This report provides an in-depth analysis of the aluminium alloy tube market in Nigeria. 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 24422650 - Aluminium alloy tubes and pipes (excluding hollow profiles, t ubes or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium alloy tube market in Nigeria.
This report provides an in-depth analysis of the market for aluminium tube, pipe or pipe fitting in Nigeria.
This report provides an in-depth analysis of the aluminium tube market in Nigeria.
This report provides an in-depth analysis of the global aluminium alloy tube market.
This report provides an in-depth analysis of the global market for aluminium tube, pipe or pipe fitting.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the aluminium alloy tube market in Nigeria.
This report provides an in-depth analysis of the market for aluminium tube, pipe or pipe fitting in Nigeria.
This report provides an in-depth analysis of the aluminium tube market in Nigeria.
This report provides an in-depth analysis of the global aluminium alloy tube market.
The global market for aluminium alloy tubes and pipes is projected to see continued growth over the next seven years, driven by increasing demand worldwide. By 2030, market volume is expected to reach 1.2 million tons, with a value of $8.5 billion.
In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Germany is one of the leaders in the global aluminium tube, pipe and tube or pipe fitting trade. In 2014, Germany exported X thousand tons of aluminium tubes, pipes and tube or pipe fittings totaling X million USD, X% over the previous year. Its p
The global market for aluminium alloy tubes and pipes is projected to see continued growth over the next seven years, driven by increasing demand worldwide. By 2030, market volume is expected to reach 1.2 million tons, with a value of $8.5 billion.
In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...