GCC: Aluminium Alloy Tube Market 2025

Aluminium Alloy Tube Market Size in GCC

The GCC aluminium alloy tube market reduced slightly to $X in 2022, which is down by -4.5% against the previous year. Overall, consumption, however, posted a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Aluminium Alloy Tube Production in GCC

In value terms, aluminium alloy tube production dropped to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The growth pace was the most rapid in 2017 with an increase of 102%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Aluminium Alloy Tube Exports

Exports in GCC

In 2022, the amount of aluminium alloy tubes and pipes exported in GCC declined to X tons, falling by -3.8% compared with 2021. Total exports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.6% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 77% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, aluminium alloy tube exports declined to $X in 2022. Overall, exports showed a slight decline. The growth pace was the most rapid in 2015 with an increase of 61% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons) represented the key exporter of aluminium alloy tubes and pipes, committing 68% of total exports. Bahrain (X tons) took a 22% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (9.4%).

Exports from the United Arab Emirates increased at an average annual rate of +1.6% from 2012 to 2022. At the same time, Bahrain (+8.0%) and Saudi Arabia (+1.5%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in GCC, with a CAGR of +8.0% from 2012-2022. Bahrain (+8.9 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -7.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest aluminium alloy tube supplier in GCC, comprising 76% of total exports. The second position in the ranking was held by Bahrain ($X), with a 15% share of total exports.

In the United Arab Emirates, aluminium alloy tube exports contracted by an average annual rate of -2.4% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Bahrain (+5.4% per year) and Saudi Arabia (-0.9% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, leveling off at the previous year. Overall, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 51%. Over the period under review, the 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 origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-2.3%), while the other leaders experienced a decline in the export price figures.

Aluminium Alloy Tube Imports

Imports in GCC

Aluminium alloy tube imports reduced modestly to X tons in 2022, with a decrease of -3.9% against the year before. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2019 with an increase of 105%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, aluminium alloy tube imports reduced sharply to $X in 2022. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 189% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the key importer of aluminium alloy tubes and pipes, mixing up 60% of total imports. Kuwait (X tons) ranks second in terms of the total imports with an 18% share, followed by Saudi Arabia (15%) and Qatar (4.9%).

From 2012 to 2022, average annual rates of growth with regard to aluminium alloy tube imports into the United Arab Emirates stood at +4.3%. At the same time, Qatar (+7.4%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of +7.4% from 2012-2022. Kuwait experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-17.6%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+37 p.p.), Kuwait (+6.5 p.p.) and Qatar (+3.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Saudi Arabia (-47.3 p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported aluminium alloy tubes and pipes in GCC, comprising 73% of total imports. The second position in the ranking was taken by Kuwait ($X), with an 11% share of total imports. It was followed by Saudi Arabia, with an 8.9% share.

In the United Arab Emirates, aluminium alloy tube imports increased at an average annual rate of +5.1% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (-2.5% per year) and Saudi Arabia (-18.0% per year).

Import Prices by Country

The import price in GCC stood at $X per ton in 2022, waning by -15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2019 when the import price increased by 41% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform