Europe: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in Europe

The Europe aluminium pipe fittings market skyrocketed to $X in 2021, increasing by 707% against the previous year. Overall, consumption recorded a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aluminium Pipe Fittings Production in Europe

In value terms, aluminium pipe fittings production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by 27%. The level of production peaked in 2021 and is expected to retain growth in the immediate term.

Aluminium Pipe Fittings Exports

Exports in Europe

In 2021, the amount of aluminium tube or pipe fittings exported in Europe surged to X tons, increasing by 16% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2013 when exports increased by 19% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, aluminium pipe fittings exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Italy (X tons), distantly followed by Germany (X tons), Spain (X tons), the Netherlands (X tons), the Czech Republic (X tons) and Finland (X tons) were the largest exporters of aluminium tube or pipe fittings, together making up 76% of total exports. Poland (X tons), Austria (X tons), Romania (X tons), the UK (X tons), France (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Italy (with a CAGR of +13.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium pipe fittings supplying countries in Europe were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 54% share of total exports. These countries were followed by the UK, France, Spain, Austria, the Czech Republic, Belgium, Poland, Finland and Romania, which together accounted for a further 38%.

In terms of the main exporting countries, Belgium, with a CAGR of +16.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, surging by 5.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2017 an increase of 7.8%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.7%), while the other leaders experienced more modest paces of growth.

Aluminium Pipe Fittings Imports

Imports in Europe

In 2021, overseas purchases of aluminium tube or pipe fittings were finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 22%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, aluminium pipe fittings imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons), the Netherlands (X tons), the Czech Republic (X tons), the UK (X tons), France (X tons), Austria (X tons), Belgium (X tons), Poland (X tons), Romania (X tons), Spain (X tons), Italy (X tons) and Hungary (X tons) was the key importer of aluminium tube or pipe fittings in Europe, generating 84% of total import.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +9.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, together accounting for 34% of total imports. The Netherlands, France, Romania, Poland, Austria, Italy, Belgium, Spain and Hungary lagged somewhat behind, together accounting for a further 50%.

Among the main importing countries, Romania, with a CAGR of +10.4%, 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

In 2021, the import price in Europe amounted to $X per ton, standing approx. at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 5.5% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the UK ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+7.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform