Czech Republic: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in the Czech Republic

In 2022, the Czech aluminium alloy tube market increased by 16% to $X, rising for the second consecutive year after three years of decline. Overall, consumption showed a noticeable slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Aluminium Alloy Tube Production in the Czech Republic

In value terms, aluminium alloy tube production contracted modestly to $X in 2022 estimated in export price. In general, production recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 114%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Aluminium Alloy Tube Exports

Exports from the Czech Republic

In 2022, the amount of aluminium alloy tubes and pipes exported from the Czech Republic reached X tons, increasing by 10% against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium alloy tube exports soared to $X in 2022. In general, exports, however, showed a slight decline. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for aluminium alloy tube exports from the Czech Republic, with a 52% share of total exports. Moreover, aluminium alloy tube exports to Germany exceeded the volume sent to the second major destination, Poland (X tons), fourfold. Norway (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+7.0% per year) and Norway (+112.7% per year).

In value terms, Germany ($X) remains the key foreign market for aluminium alloy tubes and pipes exports from the Czech Republic, comprising 49% of total exports. The second position in the ranking was taken by Poland ($X), with a 13% share of total exports. It was followed by Norway, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+5.7% per year) and Norway (+110.0% per year).

Export Prices by Country

The average aluminium alloy tube export price stood at $X per ton in 2022, jumping by 20% against the previous year. Over the period under review, the export price, however, recorded a slight decrease. The pace of growth was the most pronounced in 2021 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Alloy Tube Imports

Imports into the Czech Republic

In 2022, imports of aluminium alloy tubes and pipes into the Czech Republic declined to X tons, dropping by -6.7% compared with the previous year. Overall, imports saw a abrupt decline. The growth pace was the most rapid in 2014 with an increase of 6.5% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, aluminium alloy tube imports surged to $X in 2022. Over the period under review, imports saw a perceptible downturn. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Poland (X tons) and Denmark (X tons) were the main suppliers of aluminium alloy tube imports to the Czech Republic, together comprising 53% of total imports. Italy, China, Switzerland, Greece, Bulgaria, Belgium, Turkey, South Korea, Spain and Slovakia lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +33.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and Poland ($X) were the largest aluminium alloy tube suppliers to the Czech Republic, with a combined 56% share of total imports. Italy, China, Switzerland, South Korea, Belgium, Slovakia, Bulgaria, Spain, Greece and Turkey lagged somewhat behind, together comprising a further 36%.

Among the main suppliers, Turkey, with a CAGR of +38.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium alloy tube import price stood at $X per ton in 2022, growing by 39% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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