Thailand: Aluminium Alloy Tube Market 2025

Aluminium Alloy Tube Market Size in Thailand

The Thai aluminium alloy tube market declined to $X in 2022, waning by -3.6% against the previous year. Overall, consumption, however, continues to indicate tangible growth. As a result, consumption attained the peak level of $X, and then fell modestly in the following year.

Aluminium Alloy Tube Production in Thailand

In value terms, aluminium alloy tube production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 26% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Aluminium Alloy Tube Exports

Exports from Thailand

In 2022, shipments abroad of aluminium alloy tubes and pipes decreased by -8.5% to X tons, falling for the sixth year in a row after five years of growth. In general, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 34% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, aluminium alloy tube exports fell to $X in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 37%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

India (X tons), Turkey (X tons) and Canada (X tons) were the main destinations of aluminium alloy tube exports from Thailand, with a combined 65% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +87.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for aluminium alloy tube exported from Thailand were Turkey ($X), India ($X) and Argentina ($X), together accounting for 70% of total exports.

In terms of the main countries of destination, Turkey, with a CAGR of +85.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average aluminium alloy tube export price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 23%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while the average price for exports to Canada ($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 Argentina (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Alloy Tube Imports

Imports into Thailand

In 2022, the amount of aluminium alloy tubes and pipes imported into Thailand fell markedly to X tons, waning by -16.8% on 2021. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% 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 +56.2% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, aluminium alloy tube imports dropped slightly to $X in 2022. Over the period under review, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of aluminium alloy tube to Thailand, with a 51% share of total imports. Moreover, aluminium alloy tube imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. Cambodia (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+0.8% per year) and Cambodia (+59.4% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy tubes and pipes to Thailand, comprising 42% of total imports. The second position in the ranking was taken by Cambodia ($X), with a 19% share of total imports. It was followed by South Korea, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+56.5% per year) and South Korea (+5.6% per year).

Import Prices by Country

The average aluminium alloy tube import price stood at $X per ton in 2022, growing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue 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 Cambodia ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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