Norway - Aluminium Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Pipe Fittings Price in Norway - 2023
Contents:
- Aluminium Pipe Fittings Price in Norway (CIF) - 2023
- Aluminium Pipe Fittings Price in Norway (FOB) - 2022
- Aluminium Pipe Fittings Imports in Norway
- Aluminium Pipe Fittings Exports in Norway
Aluminium Pipe Fittings Price in Norway (CIF) - 2023
In August 2023, the average aluminium pipe fittings import price amounted to $26,662 per ton, rising by 12% against the previous month. In general, import price indicated a pronounced expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, aluminium pipe fittings import price increased by +88.1% against April 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 62% month-to-month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($60,685 per ton), while the price for Turkey ($2,059 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Pipe Fittings Price in Norway (FOB) - 2022
The average aluminium pipe fittings export price stood at $24,729 per ton in 2022, declining by -21.6% against the previous year. Overall, the export price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average export price increased by 136% against the previous year. As a result, the export price attained the peak level of $47,391 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($102,969 per ton), while the average price for exports to Iceland ($5,177 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 the UK (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Pipe Fittings Imports in Norway
In 2022, purchases abroad of aluminium tube or pipe fittings increased by 28% to 259 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium pipe fittings imports rose significantly to $4.7M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aluminium Pipe Fittings in Norway (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 192 | 570 | 663 | 970 | 71.6% |
Germany | 1,111 | 1,097 | 882 | 930 | -5.8% |
Finland | 366 | 489 | 467 | 736 | 26.2% |
Sweden | 231 | 192 | 297 | 353 | 15.2% |
United Kingdom | 168 | 137 | 154 | 299 | 21.2% |
Denmark | 589 | 191 | 190 | 298 | -20.3% |
Belgium | 123 | 135 | 107 | 146 | 5.9% |
Spain | 24.5 | 30.1 | 30.3 | 70.5 | 42.2% |
Italy | 136 | 189 | 148 | 59.6 | -24.0% |
Vietnam | 307 | 36.9 | 6.0 | N/A | -86.0% |
Others | 1,073 | 557 | 1,151 | 813 | -8.8% |
Total | 4,320 | 3,625 | 4,095 | 4,674 | 2.7% |
Top Suppliers of Aluminium Pipe Fittings to Norway in 2022:
- China (87.0 tons)
- Finland (64.5 tons)
- Germany (26.4 tons)
- Denmark (21.8 tons)
- Sweden (16.8 tons)
- Spain (8.3 tons)
- Belgium (6.5 tons)
- United Kingdom (5.1 tons)
- Italy (3.5 tons)
Aluminium Pipe Fittings Exports in Norway
In 2022, overseas shipments of aluminium tube or pipe fittings decreased by -2% to 20 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 330% against the previous year. As a result, the exports reached the peak of 44 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, aluminium pipe fittings exports dropped sharply to $495K in 2022. Overall, total exports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -40.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. As a result, the exports attained the peak of $833K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Aluminium Pipe Fittings in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 45.1 | 34.1 | 79.9 | 158 | 51.9% |
Algeria | N/A | 254 | 277 | 124 | -30.1% |
Sweden | 46.1 | 141 | 78.2 | 59.6 | 8.9% |
Iceland | 2.7 | 253 | 12.3 | 24.1 | 107.4% |
Estonia | 0.3 | 0.2 | N/A | 23.4 | 327.3% |
Portugal | N/A | N/A | N/A | 14.9 | 0% |
Lithuania | 1.9 | 5.0 | 5.7 | 11.3 | 81.2% |
China | N/A | 35.1 | 34.4 | 4.7 | -63.4% |
Others | 376 | 112 | 156 | 73.9 | -41.9% |
Total | 472 | 833 | 644 | 495 | 1.6% |
Top Export Markets for Aluminium Pipe Fittings from Norway in 2022:
- Sweden (5.3 tons)
- Iceland (4.7 tons)
- Denmark (3.0 tons)
- Lithuania (1.7 tons)
- Estonia (1.4 tons)
- Algeria (1.4 tons)
- Portugal (0.5 tons)
- China (0.4 tons)
This report provides an in-depth analysis of the aluminium pipe fittings market in Norway. 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 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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 pipe fittings market in Norway.
This report provides an in-depth analysis of the aluminium tube market in Norway.
This report provides an in-depth analysis of the global aluminium pipe fittings market.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the aluminium pipe fittings market in Norway.
This report provides an in-depth analysis of the global aluminium pipe fittings market.
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