Price for Aluminium; Tubes and Pipes in the United Arab Emirates - 2021
Contents:
- Price for Aluminium; Tubes and Pipes in the United Arab Emirates (FOB) - 2022
- Price for Aluminium; Tubes and Pipes in the United Arab Emirates (CIF) - 2022
- Exports of Aluminium; Tubes and Pipes in the United Arab Emirates
- Imports of Aluminium; Tubes and Pipes in the United Arab Emirates
Price for Aluminium; Tubes and Pipes in the United Arab Emirates (FOB) - 2022
In 2022, the average aluminium; tubes and pipes export price amounted to $4,099 per ton, falling by -13% against the previous year. Over the period under review, the export price showed a perceptible decline. The pace of growth appeared the most rapid in 2021 an increase of 32%. Over the period under review, the average export prices hit record highs at $5,519 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($4,945 per ton), while the average price for exports to Saudi Arabia ($2,909 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 Pakistan (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Aluminium; Tubes and Pipes in the United Arab Emirates (CIF) - 2022
The average aluminium; tubes and pipes import price stood at $5,014 per ton in 2022, rising by 7.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37% against the previous year. As a result, import price reached the peak level of $6,075 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,929 per ton), while the price for Saudi Arabia ($4,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Tubes and Pipes in the United Arab Emirates
In 2022, approx. 8.2K tons of aluminium; tubes and pipeses were exported from the United Arab Emirates; rising by 245% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; tubes and pipes exports skyrocketed to $34M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Aluminium; Tubes and Pipes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 1.4 | 1.3 | 0.2 | 20.3 | 143.8% |
| India | 0.5 | 0.6 | 0.7 | 10.6 | 176.8% |
| Pakistan | N/A | N/A | N/A | 1.4 | 0% |
| Saudi Arabia | 0.7 | 0.9 | 0.3 | 0.6 | -5.0% |
| Spain | 0.5 | 0.6 | 1.0 | N/A | 41.4% |
| Malawi | 0.5 | N/A | N/A | N/A | 0% |
| Germany | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| United Kingdom | 0.4 | 0.5 | 1.5 | N/A | 93.6% |
| Others | 1.9 | 1.6 | 7.3 | 0.8 | -25.0% |
| Total | 6.2 | 5.6 | 11.2 | 33.7 | 75.8% |
Top Export Markets for Aluminium; Tubes and Pipes from the United Arab Emirates in 2022:
- United Kingdom (undefinedK tons)
- Germany (undefinedK tons)
- Oman (4.8K tons)
- India (2.8K tons)
- Pakistan (0.3K tons)
- Saudi Arabia (0.2K tons)
Imports of Aluminium; Tubes and Pipes in the United Arab Emirates
In 2022, purchases abroad of aluminium; tubes and pipeses was finally on the rise to reach 2.2K tons after two years of decline. In general, imports, however, continue to indicate a abrupt decline.
In value terms, aluminium; tubes and pipes imports surged to $11M in 2022. Over the period under review, imports, however, showed a abrupt setback.
| Import of Aluminium; Tubes and Pipes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 4.6 | 1.1 | 1.7 | 5.1 | 3.5% |
| China | 4.6 | 4.1 | 3.5 | 3.8 | -6.2% |
| Bahrain | 1.1 | 0.4 | 0.4 | 0.5 | -23.1% |
| Italy | 0.2 | 0.4 | 0.3 | 0.5 | 35.7% |
| India | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Singapore | 2.8 | N/A | 0.1 | N/A | -81.1% |
| Others | 6.2 | 2.8 | 2.8 | 0.6 | -54.1% |
| Total | 19.6 | 9.2 | 9.3 | 11.0 | -17.5% |
Top Suppliers of Aluminium; Tubes and Pipes to the United Arab Emirates in 2022:
- Singapore (undefined tons)
- Saudi Arabia (1146.5 tons)
- China (775.1 tons)
- India (109.8 tons)
- Bahrain (72.7 tons)
- Italy (46.5 tons)
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