South-Eastern Asia: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in South-Eastern Asia

In 2020, the Southeast Asian unwrought aluminium alloys market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, continues to indicate a slight slump. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Unwrought Aluminium Alloys Production in South-Eastern Asia

In value terms, unwrought aluminium alloys production fell modestly to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of unwrought aluminium alloys production in 2020 were Malaysia (X tons), Thailand (X tons) and Vietnam (X tons), with a combined X% share of total production.

From 2007 to 2020, the biggest increases were in Malaysia, while unwrought aluminium alloys production for the other leaders experienced more modest paces of growth.

Unwrought Aluminium Alloys Exports

Exports in South-Eastern Asia

In 2020, the amount of unwrought aluminium alloys exported in South-Eastern Asia soared to X tons, picking up by X% compared with the previous year's figure. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are likely to see steady growth in years to come.

In value terms, unwrought aluminium alloys exports skyrocketed to $X in 2020. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Malaysia represented the major exporting country with an export of about X tons, which finished at X% of total exports. Vietnam (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%) and Thailand (X%).

Exports from Malaysia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Vietnam (+X%), Indonesia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Vietnam (+X p.p.), Malaysia (+X p.p.) and Indonesia (+X p.p.) significantly strengthened its position in terms of the total exports, while Thailand saw its share reduced by -X% from 2007 to 2020, respectively.

In value terms, Malaysia ($X) remains the largest unwrought aluminium alloys supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Malaysia stood at +X%. In the other countries, the average annual rates were as follows: Vietnam (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

The unwrought aluminium alloys export price in South-Eastern Asia stood at $X per ton in 2020, declining by -X% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2011 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs at $X per ton in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Vietnam ($X per ton) and Malaysia ($X per ton), while Indonesia ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Vietnam, while the other leaders experienced a decline in the export price figures.

Unwrought Aluminium Alloys Imports

Imports in South-Eastern Asia

In 2020, supplies from abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the second year in a row after five years of growth. Total imports indicated a measured increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. The volume of import peaked at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, unwrought aluminium alloys imports declined to $X in 2020. Total imports indicated modest growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Thailand (X tons) and Vietnam (X tons) represented the major importers of unwrought aluminium alloys in South-Eastern Asia, together reaching near X% of total imports. It was distantly followed by Indonesia (X tons) and Malaysia (X tons), together achieving a X% share of total imports. Singapore (X tons) and the Philippines (X tons) occupied a little share of total imports.

From 2007 to 2020, the biggest increases were in Vietnam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unwrought aluminium alloys importing markets in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Indonesia ($X), together accounting for X% of total imports.

Among the main importing countries, Vietnam recorded the highest rates of growth with regard to 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 2020, the unwrought aluminium alloys import price in South-Eastern Asia amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. Over the period under review, import prices attained the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Singapore ($X per ton) and Vietnam ($X per ton), while the Philippines ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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