Global Aluminium Tube Market
Market Overview
The global aluminium tube market totaled $
in , approximately mirroring 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the global market reached the peak level in and is likely to see gradual growth in the immediate term.
In value terms, aluminium tube production reduced slightly to $ in estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of %. Global production peaked at $ in 2019; however, from to , production failed to regain momentum.
The countries with the highest volumes of production in were Brazil ( tons), Finland ( tons) and China ( tons), together comprising % of global production.
From 2007 to, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Finland (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.
in , approximately mirroring 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). The market value increased at an average annual rate of +% over the period from 2007 to ; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the global market reached the peak level in and is likely to see gradual growth in the immediate term.In value terms, aluminium tube production reduced slightly to $
in estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of %. Global production peaked at $ in 2019; however, from to , production failed to regain momentum.The countries with the highest volumes of production in
were Brazil ( tons), Finland ( tons) and China ( tons), together comprising % of global production.From 2007 to
, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Finland (with a CAGR of +%), while production for the other global leaders experienced more modest paces of growth.Consumption
In , consumption of aluminium tubes, pipes and tube or pipe fittings decreased by -% to tons for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, showed a noticeable expansion. As a result, consumption attained the peak volume of tons, and then declined sharply in the following year.
The global aluminium tube market revenue totaled $ in , remaining relatively unchanged 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). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the global market hit record highs in and is likely to continue growth in the near future.
, consumption of aluminium tubes, pipes and tube or pipe fittings decreased by -% to tons for the first time since 2015, thus ending a six-year rising trend. In general, consumption, however, showed a noticeable expansion. As a result, consumption attained the peak volume of tons, and then declined sharply in the following year.The global aluminium tube market revenue totaled $
in , remaining relatively unchanged 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). The market value increased at an average annual rate of +% from 2007 to ; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the global market hit record highs in and is likely to continue growth in the near future.Consumption by Country
The countries with the highest volumes of consumption in were Brazil ( tons), Finland ( tons) and China ( tons), with a combined % share of global consumption.
From 2007 to, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Finland (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest aluminium tube markets worldwide were the United States ($), China ($) and Japan ($), together comprising % of the global market. These countries were followed by Finland, Germany, Mexico, Russia, Indonesia, Turkey and Brazil, which together accounted for a further %.
In terms of the main consuming countries, Finland, with a CAGR of +%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
In, the highest levels of aluminium tube per capita consumption was registered in Finland ( kg per person), followed by Brazil ( kg per person), Turkey ( kg per person) and Germany ( kg per person), while the world average per capita consumption of aluminium tube was estimated at kg per person.
From 2007 to, the average annual growth rate of the aluminium tube per capita consumption in Finland totaled +%. In the other countries, the average annual rates were as follows: Brazil (+% per year) and Turkey (+% per year).
were Brazil ( tons), Finland ( tons) and China ( tons), with a combined % share of global consumption.From 2007 to
, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Finland (with a CAGR of +%), while consumption for the other global leaders experienced more modest paces of growth.In value terms, the largest aluminium tube markets worldwide were the United States ($
), China ($) and Japan ($), together comprising % of the global market. These countries were followed by Finland, Germany, Mexico, Russia, Indonesia, Turkey and Brazil, which together accounted for a further %.In terms of the main consuming countries, Finland, with a CAGR of +
%, saw the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.In
, the highest levels of aluminium tube per capita consumption was registered in Finland ( kg per person), followed by Brazil ( kg per person), Turkey ( kg per person) and Germany ( kg per person), while the world average per capita consumption of aluminium tube was estimated at kg per person.From 2007 to
, the average annual growth rate of the aluminium tube per capita consumption in Finland totaled +%. In the other countries, the average annual rates were as follows: Brazil (+% per year) and Turkey (+% per year).Market Forecast
Driven by increasing demand for aluminium tubes, pipes and tube or pipe fittings worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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