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Aluminium Alloy Tube exports reached their peak and are expected to keep growing in the near future. In 2024, the value of aluminium alloy tube exports was $92M.
Aluminium Alloy Tube exports reached a peak of 19K tons in 2018 before stabilizing at a lower figure from 2019 to 2023. In terms of value, exports of Aluminium Alloy Tube surged to $87M in 2023.
From 2022 to 2023, the growth of imports for Aluminium Alloy Tube remained modest, with import value dropping slightly to $106M in 2023.
From 2022 to 2023, the growth of Aluminium Alloy Tube exports remained at a somewhat lower figure. In value terms, exports of Aluminium Alloy Tube declined remarkably to $981K in 2023.
The growth of Aluminium Alloy Tube imports from 2022 to 2023 decreased slightly, with the value shrinking to $106M in 2023.
The exports of Aluminium Alloy Tube saw a significant decline in growth from 2022 to 2023, with export value dropping to $981K in 2023.
The global market for aluminium alloy tubes and pipes is projected to see continued growth over the next seven years, driven by increasing demand worldwide. By 2030, market volume is expected to reach 1.2 million tons, with a value of $8.5 billion.
The growth rate of Aluminium Alloy Tube imports reached its peak in January 2023 with a remarkable increase of 78% compared to the previous month. However, the value of these imports decreased to $4.8M in September 2023.
The rate of growth for Aluminium Alloy Tube reached its peak in January 2023, experiencing a remarkable 74% increase compared to the previous month. In terms of value, imports of aluminium alloy tube declined to $8.2M in August 2023.
In January 2023, the rate of growth for the Aluminium Alloy Tube was remarkably high, showing a 60% increase compared to the previous month. However, in June 2023, the value of imported aluminium alloy tubes declined to $6.9M.
In June 2023, the price of Aluminium Alloy Tube reached $7,305 per ton (FOB, South Africa), which was roughly in line with the previous month.
The price of Aluminium Alloy Tube in March 2023, CIF Turkey, remained relatively stable at $7,758 per ton, compared to the previous month.