Aluminium Tube Market Overview in Portugal
In value terms, aluminium tube production rose remarkably to $ in 2019 estimated in export prices. Over the period under review, production saw a prominent increase. The growth pace was the most rapid in 2015 when the production volume increased by % against the previous year. Over the period under review, production hit record highs in 2019 and is likely to continue growth in the near future.
The value of the aluminium tube market in Portugal contracted to $ in 2019, therefore, remained relatively stable 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, consumption, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2018 when the market value increased by % against the previous year. As a result, consumption attained the peak level of $, leveling off in the following year.