Asia: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2025

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Asia

The Asian market for aluminium alloy plates, sheets and strip of thickness over X mm declined modestly to $X in 2022, dropping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Aluminium Alloy Plates, Sheets and Strip of Thickness over X mm in Asia

In value terms, production of aluminium alloy plates, sheets and strip of thickness over X mm contracted to $X in 2022 estimated in export price. The total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports in Asia

In 2022, approx. X tons of aluminium alloy plates, sheets and strip of thickness over X mm were exported in Asia; increasing by X% on 2021 figures. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm soared to $X in 2022. Over the period under review, exports showed strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

China represented the key exporter of aluminium alloy plates, sheets and strip of thickness over X mm in Asia, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. South Korea (X tons) ranks second in terms of the total exports with a X% share, followed by Thailand (X%). Japan (X tons), Turkey (X tons), Bahrain (X tons) and Oman (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to aluminium alloy plate, sheet and strip of thickness over X mm exports from China stood at X%. At the same time, Thailand (X%), Oman (X%), Bahrain (X%), South Korea (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. From 2012 to 2022, the share of China, Thailand and Oman increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium alloy plate, sheet and strip of thickness over X mm supplier in Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In China, exports of aluminium alloy plates, sheets and strip of thickness over X mm expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Turkey ($X per ton) and Bahrain ($X per ton), while China ($X per ton) and Oman ($X per ton) were amongst the lowest.

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

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports in Asia

For the third consecutive year, Asia recorded growth in purchases abroad of aluminium alloy plates, sheets and strip of thickness over X mm, which increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, 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%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm surged to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

Imports by Country

Vietnam (X tons), China (X tons), South Korea (X tons), Thailand (X tons), Turkey (X tons), India (X tons), Malaysia (X tons), Indonesia (X tons), Japan (X tons), the United Arab Emirates (X tons), Iraq (X tons) and Cambodia (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Turkey, Thailand, India, Malaysia, Japan, the United Arab Emirates, Indonesia, Cambodia and Iraq lagged somewhat behind, together comprising a further X%.

Iraq, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :