Southern Asia: Aluminium Bar Market 2025

Aluminium Bar Market Size in Southern Asia

The South Asian aluminium bar market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption, however, recorded a slight contraction. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Aluminium Bar Production in Southern Asia

In value terms, aluminium bar production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a mild setback. The growth pace was the most rapid in 2013 when the production volume increased by 22%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Aluminium Bar Exports

Exports in Southern Asia

In 2021, after two years of decline, there was significant growth in shipments abroad of aluminium bars, rods and profiles, when their volume increased by 106% to X tons. Over the period under review, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium bar exports surged to $X in 2021. In general, exports posted a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, India (X tons) represented the largest exporter of aluminium bars, rods and profiles in Southern Asia, generating 99% of total export.

India was also the fastest-growing in terms of the aluminium bars, rods and profiles exports, with a CAGR of +11.3% from 2012 to 2021. While the share of India (+14 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest aluminium bar supplier in Southern Asia.

In India, aluminium bar exports expanded at an average annual rate of +13.8% over the period from 2012-2021.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, with an increase of 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +2.3% per year.

Aluminium Bar Imports

Imports in Southern Asia

In 2021, imports of aluminium bars, rods and profiles in Southern Asia soared to X tons, growing by 35% on the previous year's figure. Total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium bar imports surged to $X in 2021. Total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the largest importer of aluminium bars, rods and profiles, constituting 76% of total imports. Nepal (X tons) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (4.5%). Pakistan (X tons) and Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to aluminium bar imports into India stood at +2.3%. At the same time, Pakistan (+22.3%), Bangladesh (+14.1%) and Nepal (+12.2%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +22.3% from 2012-2021. Sri Lanka experienced a relatively flat trend pattern. From 2012 to 2021, the share of Nepal, Bangladesh and Pakistan increased by +6.3, +2.6 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported aluminium bars, rods and profiles in Southern Asia, comprising 78% of total imports. The second position in the ranking was held by Nepal ($X), with a 9.8% share of total imports. It was followed by Bangladesh, with a 4.9% share.

In India, aluminium bar imports increased at an average annual rate of +2.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (+10.3% per year) and Bangladesh (+16.0% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, picking up by 9.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 15%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Bangladesh ($X per ton) and Sri Lanka ($X per ton), while Pakistan ($X per ton) and Nepal ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :