Eastern Asia: Aluminium Tube Market 2025

Aluminium Tube Market Size in Eastern Asia

The East Asian aluminium tube market reduced to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption, however, saw a mild slump. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Aluminium Tube Production in Eastern Asia

In value terms, aluminium tube production dropped to $X in 2022 estimated in export price. In general, production showed a mild slump. The pace of growth appeared the most rapid in 2013 when the production volume increased by 22% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Aluminium Tube Exports

Exports in Eastern Asia

In 2022, overseas shipments of aluminium tubes and pipes decreased by -8.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a slight slump. The most prominent rate of growth was recorded in 2014 with an increase of 97% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium tube exports rose modestly to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 71%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, recording X tons, which was approx. 84% of total exports in 2022. Taiwan (Chinese) (X tons) took the second position in the ranking, followed by South Korea (X tons). All these countries together held near 12% share of total exports. Japan (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the aluminium tubes and pipes exports, with a CAGR of +4.2% from 2012 to 2022. Japan (-3.5%), South Korea (-12.9%) and Taiwan (Chinese) (-13.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by +34 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest aluminium tube supplier in Eastern Asia, comprising 67% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 12% share of total exports. It was followed by South Korea, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +5.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-8.5% per year) and South Korea (-6.5% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, surging by 11% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 21%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the other leaders experienced more modest paces of growth.

Aluminium Tube Imports

Imports in Eastern Asia

In 2022, imports of aluminium tubes and pipes in Eastern Asia fell to X tons, waning by -13.4% compared with the previous year. Over the period under review, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 16%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, aluminium tube imports fell to $X in 2022. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2019 when imports increased by 14% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X tons), distantly followed by Taiwan (Chinese) (X tons), China (X tons), Japan (X tons) and Hong Kong SAR (X tons) were the key importers of aluminium tubes and pipes, together committing 100% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of -7.3%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, China ($X) constitutes the largest market for imported aluminium tubes and pipes in Eastern Asia, comprising 47% of total imports. The second position in the ranking was taken by South Korea ($X), with a 23% share of total imports. It was followed by Taiwan (Chinese), with a 17% share.

In China, aluminium tube imports plunged by an average annual rate of -13.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (-9.6% per year) and Taiwan (Chinese) (-8.0% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, growing by 3.7% against the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium tube import price increased by +3.5% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 33% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :