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China - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 5, 2024

China's Export of Aluminum Bars Experiences a Significant Decline, Falling to $3.4 Billion in 2023.

China Aluminium Bar Exports

In 2023, exports of aluminium bars, rods and profiles from China amounted to 989K tons, picking up by 4.4% against the year before. The total export volume increased at an average annual rate of +4.9% over the period from 2013 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by 40%. The exports peaked at 1.2M tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, aluminium bar exports shrank to $3.4B (IndexBox estimates) in 2023. Overall, total exports indicated resilient growth from 2013 to 2023: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +34.7% against 2020 indices. The pace of growth was the most pronounced in 2015 when exports increased by 41%. As a result, the exports attained the peak of $4.2B. From 2016 to 2023, the growth of the exports remained at a lower figure. China Aluminium Bar Exports By Country (Million USD)

COUNTRY	Export Value of Aluminium Bar in China (million USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Vietnam	24.7	162	1,925	1,835	213	276	320	216	235	256	227
Philippines	67.4	90.6	113	108	122	142	150	128	216	223	187
Australia	103	109	99.4	114	149	169	149	132	179	183	182
Malaysia	85.5	794	178	68.2	74.1	122	105	76.8	134	162	161
Israel	39.8	45.4	62.3	63.1	68.8	76.3	78.4	82.4	116	159	159
Mexico	202	20.0	34.5	42.4	49.2	74.6	78.9	80.7	124	153	154
Thailand	27.3	36.3	58.0	42.2	52.6	58.2	82.7	101	138	156	144
India	37.9	43.0	49.7	46.6	55.5	75.9	63.7	49.7	81.9	124	142
South Africa	58.2	78.1	87.2	82.7	103	101	100	102	144	140	123
Nigeria	176	131	98.7	62.1	90.8	93.7	100	106	165	113	99.5
United Kingdom	72.2	87.7	102	90.1	124	144	131	86.4	135	108	83.9
Colombia	21.9	25.1	28.1	27.3	27.6	41.5	51.3	47.7	82.8	94.5	76.9
United States	65.5	73.2	42.6	46.7	49.3	40.5	40.6	34.6	39.8	76.8	70.0
Others	1,142	1,291	1,338	1,151	1,281	1,507	1,518	1,318	1,600	1,763	1,641
Total	2,124	2,987	4,216	3,779	2,460	2,921	2,969	2,560	3,390	3,712	3,450

Exports by Country

Vietnam (68K tons), the Philippines (56K tons) and Israel (50K tons) were the main destinations of aluminium bar exports from China, with a combined 18% share of total exports.

From 2013 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of +26.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($227M), the Philippines ($187M) and Australia ($182M) appeared to be the largest markets for aluminium bar exported from China worldwide, together accounting for 17% of total exports.

Vietnam, with a CAGR of +24.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the aluminium bar price stood at $3,488 per ton (FOB, China), with a decrease of -11% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,203 per ton in 2016; however, from 2017 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were the UK ($3,983 per ton) and Australia ($3,780 per ton), while the average price for exports to Nigeria ($2,815 per ton) and the Dominican Republic ($3,020 per ton) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium bar market in China. 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

China - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights

China's Export of Aluminum Bars Experiences a Significant Decline, Falling to $3.4 Billion in 2023.

China Aluminium Bar Exports

Exports by Country

Export Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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