Aluminium Tube Market Overview in the United Kingdom
In value terms, aluminium tube production declined slightly to $ in estimated in export prices. Over the period under review, production, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 with an increase of % against the previous year. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The revenue of the aluminium tube market in the UK reduced notably to $ in , shrinking by -% 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 saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by % year-to-year. Over the period under review, the market attained the maximum level at $ in 2018; however, from 2019 to , consumption remained at a lower figure.