Aluminium Tube Market Overview in the European Union
In value terms, aluminium tube production stood at $692M in 2010 estimated in export prices. Over the period under review, aluminium tube production, however, continues to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2010 with an increase of 8.2% against the previous year. The level of aluminium tube production peaked at $1.1B in 2007; however, from 2008 to 2010, production failed to regain its momentum.
The countries with the highest volumes of aluminium tube production in 2010 were Italy (33K tonnes), Germany (29K tonnes) and Belgium (11K tonnes), with a combined 48% share of total production. Hungary, Greece, the Czech Republic, Poland, the Netherlands, the UK, Spain, France and Romania lagged somewhat behind, together comprising a further 33%.
From 2007 to 2010, the most notable rate of growth in terms of aluminium tube production, amongst the main producing countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.
The revenue of the aluminium tube market in the European Union amounted to $1.1B in 2010, growing by 14% 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). In general, aluminium tube consumption, however, continues to indicate a drastic contraction. The pace of growth appeared the most rapid in 2010 when the market value increased by 14% y-o-y. Over the period under review, the aluminium tube market attained its peak figure level at $1.4B in 2007; however, from 2008 to 2010, consumption stood at a somewhat lower figure.
From 2007 to 2010, the average annual growth rate of volume in Germany totaled -1.0%. The remaining consuming countries recorded the following average annual rates of consumption growth: France (-4.0% per year) and Italy (-19.9% per year).
In value terms, Germany ($260M) led the market, alone. The second position in the ranking was occupied by France ($122M). It was followed by the Czech Republic.
In Germany, the aluminium tube market contracted by an average annual rate of -5.0% over the period from 2007-2010. In the other countries, the average annual rates were as follows: France (-4.6% per year) and the Czech Republic (-3.8% per year).
In 2010, the highest levels of aluminium tube per capita consumption was registered in the Czech Republic (1,351 kg per 1000 persons), followed by the Netherlands (668 kg per 1000 persons), Germany (608 kg per 1000 persons) and Hungary (548 kg per 1000 persons), while the world average per capita consumption of aluminium tube was estimated at 391 kg per 1000 persons.
In the Czech Republic, aluminium tube per capita consumption contracted by an average annual rate of -4.2% over the period from 2007-2010. In the other countries, the average annual rates were as follows: the Netherlands (-2.8% per year) and Germany (-0.8% per year).