Asia-Pacific: Aluminium Bar Market 2025

Aluminium Bar Market Size in Asia-Pacific

The Asia-Pacific aluminium bar market dropped slightly to $X in 2021, approximately mirroring the previous year. The market value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Aluminium Bar Production in Asia-Pacific

In value terms, aluminium bar production shrank slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 18% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Aluminium Bar Exports

Exports in Asia-Pacific

In 2021, the amount of aluminium bars, rods and profiles exported in Asia-Pacific expanded significantly to X tons, with an increase of 13% against the previous year. The total export volume increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 35% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, aluminium bar exports surged to $X in 2021. Total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China prevails in exports structure, amounting to X tons, which was near 72% of total exports in 2021. Malaysia (X tons) ranks second in terms of the total exports with a 7% share, followed by Vietnam (5.7%). Indonesia (X tons), South Korea (X tons) and India (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to aluminium bar exports from China stood at +1.2%. At the same time, Vietnam (+19.5%), Indonesia (+17.1%), India (+11.3%), Malaysia (+9.7%) and South Korea (+6.9%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +19.5% from 2012-2021. While the share of Vietnam (+4.2 p.p.), Malaysia (+3.1 p.p.) and Indonesia (+2.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of China (-11.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium bar supplier in Asia-Pacific, comprising 70% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 6.3% share of total exports. It was followed by Vietnam, with a 5.8% share.

In China, aluminium bar exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Malaysia (+7.8% per year) and Vietnam (+20.7% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, increasing by 19% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the other leaders experienced mixed trends in the export price figures.

Aluminium Bar Imports

Imports in Asia-Pacific

In 2021, purchases abroad of aluminium bars, rods and profiles was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 33%. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, aluminium bar imports skyrocketed to $X in 2021. Total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 36% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Australia (X tons), Vietnam (X tons), Malaysia (X tons), Thailand (X tons), India (X tons) and China (X tons) represented the main importer of aluminium bars, rods and profiles in Asia-Pacific, making up 70% of total import. It was distantly followed by Singapore (X tons), making up a 4.6% share of total imports. South Korea (X tons), Japan (X tons), New Zealand (X tons), Indonesia (X tons), the Philippines (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vietnam (with a CAGR of +21.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Vietnam ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 42% of total imports.

Vietnam, with a CAGR of +22.1%, recorded 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-Pacific stood at $X per ton in 2021, rising by 4.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 9.4%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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