Latin America and the Caribbean: Aluminium Pipe Fittings Market 2025

Aluminium Pipe Fittings Market Size in Latin America and the Caribbean

In 2021, the Latin American aluminium pipe fittings market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Aluminium Pipe Fittings Production in Latin America and the Caribbean

In value terms, aluminium pipe fittings production shrank to $X in 2021 estimated in export price. Overall, production showed a perceptible decrease. The pace of growth appeared the most rapid in 2019 with an increase of 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Aluminium Pipe Fittings Exports

Exports in Latin America and the Caribbean

In 2021, shipments abroad of aluminium tube or pipe fittings was finally on the rise to reach X tons after three years of decline. Overall, exports, however, recorded a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, aluminium pipe fittings exports soared to $X in 2021. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Mexico (X tons) was the main exporter of aluminium tube or pipe fittings, mixing up 56% of total exports. Paraguay (X tons) held the second position in the ranking, followed by Brazil (X tons) and Colombia (X tons). All these countries together held approx. 38% share of total exports. Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to aluminium pipe fittings exports from Mexico stood at -8.6%. At the same time, Paraguay (+68.8%) and Colombia (+15.7%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +68.8% from 2012-2021. Brazil experienced a relatively flat trend pattern. By contrast, Argentina (-24.5%) illustrated a downward trend over the same period. While the share of Paraguay (+18 p.p.), Brazil (+6.8 p.p.) and Colombia (+4.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Mexico (-14.8 p.p.) and Argentina (-15.4 p.p.) displayed negative dynamics.

In value terms, Mexico ($X) remains the largest aluminium pipe fittings supplier in Latin America and the Caribbean, comprising 71% of total exports. The second position in the ranking was taken by Brazil ($X), with a 15% share of total exports. It was followed by Paraguay, with a 5.9% share.

In Mexico, aluminium pipe fittings exports declined by an average annual rate of -4.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-3.0% per year) and Paraguay (+71.8% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, rising by 6.9% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 16%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+4.9%), while the other leaders experienced mixed trends in the export price figures.

Aluminium Pipe Fittings Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of aluminium tube or pipe fittings were finally on the rise to reach X tons after two years of decline. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, aluminium pipe fittings imports surged to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Mexico prevails in imports structure, amounting to X tons, which was near 69% of total imports in 2021. Brazil (X tons) ranks second in terms of the total imports with a 7.2% share, followed by Argentina (4.7%). Chile (X tons), Colombia (X tons), Peru (X tons) and Guatemala (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to aluminium pipe fittings imports into Mexico stood at +5.9%. At the same time, Peru (+6.9%), Guatemala (+6.7%), Argentina (+6.6%), Chile (+2.8%) and Brazil (+1.9%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +6.9% from 2012-2021. Colombia experienced a relatively flat trend pattern. From 2012 to 2021, the share of Mexico increased by +9.6 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported aluminium tube or pipe fittings in Latin America and the Caribbean, comprising 72% of total imports. The second position in the ranking was taken by Brazil ($X), with a 9.2% share of total imports. It was followed by Argentina, with a 5.3% share.

In Mexico, aluminium pipe fittings imports increased at an average annual rate of +4.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Brazil (-1.3% per year) and Argentina (+6.9% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 12% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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