Norway: Aluminium Alloy Tube Market 2025

Aluminium Alloy Tube Market Size in Norway

The Norwegian aluminium alloy tube market surged to $X in 2022, rising by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a prominent increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Aluminium Alloy Tube Exports

Exports from Norway

In 2022, overseas shipments of aluminium alloy tubes and pipes increased by 4.9% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 44%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium alloy tube exports surged to $X in 2022. Overall, exports saw a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X tons), Denmark (X tons) and Sweden (X tons) were the main destinations of aluminium alloy tube exports from Norway, together comprising 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +124.1%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the UK ($X) and Belgium ($X) appeared to be the largest markets for aluminium alloy tube exported from Norway worldwide, together accounting for 49% of total exports. The Netherlands, Algeria, Denmark, Lithuania, Poland and Turkey lagged somewhat behind, together comprising a further 45%.

Lithuania, with a CAGR of +142.9%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average aluminium alloy tube export price amounted to $X per ton, surging by 78% against the previous year. In general, the export price recorded a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Turkey ($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 Brazil (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Tube Imports

Imports into Norway

In 2022, aluminium alloy tube imports into Norway contracted slightly to X tons, shrinking by -2.8% against the previous year. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 141%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium alloy tube imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 103%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Latvia (X tons) and Denmark (X tons) were the main suppliers of aluminium alloy tube imports to Norway, with a combined 73% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +120.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constituted the largest supplier of aluminium alloy tubes and pipes to Norway, comprising 40% of total imports. The second position in the ranking was taken by Denmark ($X), with a 17% share of total imports. It was followed by Sweden, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic totaled +69.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+7.6% per year) and Sweden (+11.3% per year).

Import Prices by Country

In 2022, the average aluminium alloy tube import price amounted to $X per ton, surging by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 when the average import price increased by 34%. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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