EU: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in the EU

In 2023, after two years of growth, there was significant decline in the EU aluminium alloy tube market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed strong growth. The level of consumption peaked at $X in 2022, and then contracted remarkably in the following year.

Aluminium Alloy Tube Production in the EU

In value terms, aluminium alloy tube production soared to $X in 2023 estimated in export price. The total production indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level in 2023 and is likely to see steady growth in the near future.

Aluminium Alloy Tube Exports

Exports in the EU

In 2023, shipments abroad of aluminium alloy tubes and pipes was finally on the rise to reach X tons for the first time since 2018, thus ending a four-year declining trend. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, aluminium alloy tube exports skyrocketed to $X in 2023. In general, exports saw a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Germany (X tons), Greece (X tons), Belgium (X tons), Denmark (X tons), Italy (X tons), Romania (X tons), Hungary (X tons), the Czech Republic (X tons), Bulgaria (X tons), the Netherlands (X tons), Poland (X tons) and Austria (X tons), together reaching X% of total export.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the largest aluminium alloy tube supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with an X% share of total exports. It was followed by Denmark, with a X% share.

In Germany, aluminium alloy tube exports plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, falling by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2022 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Aluminium Alloy Tube Imports

Imports in the EU

In 2023, purchases abroad of aluminium alloy tubes and pipes decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, aluminium alloy tube imports contracted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then fell modestly in the following year.

Imports by Country

Germany was the major importer of aluminium alloy tubes and pipes in the European Union, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2023. Poland (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), France (X%), the Netherlands (X%), Slovenia (X%) and Austria (X%). Belgium (X tons), Spain (X tons), Portugal (X tons), Hungary (X tons), Denmark (X tons) and Slovakia (X tons) held a relatively small share of total imports.

Germany experienced a relatively flat trend pattern with regard to volume of imports of aluminium alloy tubes and pipes. At the same time, Slovenia (X%), Portugal (X%), Poland (X%), Austria (X%), Hungary (X%), Belgium (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. The Netherlands and Denmark experienced a relatively flat trend pattern. By contrast, Spain (X%), France (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Slovenia, Poland, Portugal and Austria increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Czech Republic ($X) and Poland ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. France, the Netherlands, Slovenia, Austria, Spain, Hungary, Belgium, Denmark, Slovakia and Portugal lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, remaining constant against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, import prices attained the maximum in 2023 and is likely to see gradual growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform