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Explore the growing demand for aluminium tube or pipe fittings worldwide, with market volume expected to reach 374K tons and value to hit $5.4B by 2030.
Aluminium Pipe Fittings exports reached a peak of 7.3K tons in 2017, but experienced a slight decrease from 2018 to 2023, with exports totaling $36M in 2023.
The growth of Aluminium Pipe Fittings exports from 2019 to 2023 remained subdued, but saw a significant increase in value, reaching $188M in 2023.
Aluminium Pipe Fittings imports reached a peak of 5K tons in 2021 but failed to regain momentum from 2022 to 2023. In value terms, imports reached $76M in 2023.
Imports peaked at 5K tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.In value terms, aluminium pipe fittings imports totaled $76M in 2023.
Imports of Aluminium Pipe Fittings peaked in 2023 and are projected to continue growing. The value of imports surged to $163M in 2023.
Aluminium Pipe Fittings saw rapid export growth in January 2023 with a 27% month-on-month increase. However, in December 2023, the value of aluminium pipe fittings exports decreased significantly to $7.1M.
The export growth of Aluminium Pipe Fittings from April 2023 to November 2023 did not recover momentum. In terms of value, the exports of Aluminium Pipe Fittings decreased significantly to $2.2M in November 2023.
In June 2023, the price of Aluminium Pipe Fittings was $7,795 per ton (FOB, Italy), representing a 13% decrease compared to the previous month.
As of July 2023, the price of Aluminium Pipe Fittings was $20,035 per ton (FOB, US), showing a decline of -8.7% compared to the previous month.
As of March 2023, the price of aluminium pipe fittings in India stood at $5,466 per ton (FOB), reflecting a 11% decrease compared to the previous month.
In April 2023, the aluminium pipe fittings price stood at $10,971 per ton (FOB, China), shrinking by -7.5% against the previous month.
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