Asia-Pacific: Aluminium Tube Market 2024

Aluminium Tube Market Size in Asia-Pacific

The Asia-Pacific aluminium tube market shrank slightly to $X in 2022, remaining constant against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Aluminium Tube Production in Asia-Pacific

In value terms, aluminium tube production reduced modestly to $X in 2022 estimated in export price. In general, production showed a mild shrinkage. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Aluminium Tube Exports

Exports in Asia-Pacific

In 2022, the amount of aluminium tubes and pipes exported in Asia-Pacific reduced to X tons, which is down by X% compared with 2021 figures. Over the period under review, exports continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, aluminium tube exports rose modestly to $X in 2022. In general, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X tons) and South Korea (X tons), together generating a X% share of total exports. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the aluminium tubes and pipes exports, with a CAGR of X% from 2012 to 2022. Japan (X%), Taiwan (Chinese) (X%) and South Korea (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium tube supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and South Korea (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other leaders experienced more modest paces of growth.

Aluminium Tube Imports

Imports in Asia-Pacific

In 2022, imports of aluminium tubes and pipes in Asia-Pacific shrank dramatically to X tons, which is down by X% against the previous year. Overall, imports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, aluminium tube imports fell slightly to $X in 2022. In general, imports saw a noticeable contraction. The pace of growth was the most pronounced in 2019 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of aluminium tube imports in 2022 were Thailand (X tons), Cambodia (X tons), India (X tons), Malaysia (X tons), Bangladesh (X tons), Vietnam (X tons) and the Philippines (X tons), together reaching X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Cambodia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium tube importing markets in Asia-Pacific were Cambodia ($X), Thailand ($X) and the Philippines ($X), with a combined X% share of total imports.

Cambodia, 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

The import price in Asia-Pacific stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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