Sweden: Aluminium Tube Market 2024

Aluminium Tube Market Size in Sweden

The Swedish aluminium tube market dropped modestly to $X in 2022, waning by X% against the previous year. Overall, consumption, however, continues to indicate buoyant growth. Over the period under review, the market hit record highs at $X in 2021, and then shrank modestly in the following year.

Aluminium Tube Production in Sweden

In value terms, aluminium tube production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Aluminium tube production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Aluminium Tube Exports

Exports from Sweden

In 2022, overseas shipments of aluminium tubes, pipes and tube or pipe fittings increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aluminium tube exports soared to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons), Poland (X tons) and Finland (X tons) were the main destinations of aluminium tube exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium tube exported from Sweden were Norway ($X), Poland ($X) and Finland ($X), together comprising X% of total exports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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 tube export price amounted to $X per ton, surging by X% against the previous year. In general, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Estonia ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Tube Imports

Imports into Sweden

In 2022, the amount of aluminium tubes, pipes and tube or pipe fittings imported into Sweden shrank to X tons, with a decrease of X% against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined in the following year.

In value terms, aluminium tube imports reached $X in 2022. In general, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Denmark (X tons) constituted the largest aluminium tube supplier to Sweden, accounting for a X% share of total imports. Moreover, aluminium tube imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, the largest aluminium tube suppliers to Sweden were Denmark ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. China, Belgium, the Netherlands, the UK, the Czech Republic, Norway, Finland, Italy and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Czech Republic, with a CAGR of X%, saw 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

The average aluminium tube import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium tube import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Denmark ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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