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China - Aluminium Tubes, Pipes And Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Aluminium Tubes, Pipes And Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 16, 2023

China's Aluminium Tube Export Drops 7%, Averaging $85M in April 2023

China Aluminium Tube Exports

In April 2023, approximately 15K tons of aluminium tubes, pipes and tube or pipe fittings were exported from China; remaining stable against March 2023 figures. The total export volume increased at an average monthly rate of +1.5% from April 2022 to April 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2023 when exports increased by 67% against the previous month.

In value terms, aluminium tube exports contracted to $85M (IndexBox estimates) in April 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 70% month-to-month.

COUNTRYExport Value of Aluminium Tube in China (million USD)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Mexico12.811.614.512.89.98.710.412.310.814.312.116.111.7
United States9.511.211.611.49.68.48.78.79.310.64.38.78.5
India3.45.35.45.23.65.38.93.64.05.42.74.34.3
Australia3.83.43.23.63.13.12.93.73.03.21.73.23.9
Thailand4.25.06.04.93.63.63.33.62.54.04.24.83.7
Japan2.02.22.62.82.52.83.52.72.32.02.62.32.8
Vietnam4.43.82.73.22.93.22.64.02.52.02.42.72.7
Peru0.91.02.10.81.60.51.91.81.71.70.22.52.6
South Korea1.62.51.92.11.51.81.51.41.11.41.11.52.2
Philippines2.33.21.72.62.12.23.52.72.42.01.34.31.7
Malaysia1.92.11.72.01.22.11.41.62.31.51.31.51.6
Indonesia1.51.82.32.22.01.71.61.61.61.81.12.11.5
Iraq0.60.80.60.50.50.50.20.80.71.0< 0.10.71.0
Others30.836.137.543.137.034.131.532.631.340.918.736.536.8
Total79.790.093.897.281.078.081.981.075.791.953.791.185.0

Exports by Country

Mexico (1.9K tons) was the main destination for aluminium tube exports from China, accounting for a 13% share of total exports. Moreover, aluminium tube exports to Mexico exceeded the volume sent to the second major destination, Australia (928 tons), twofold. The third position in this ranking was held by India (846 tons), with a 5.7% share.

From April 2022 to April 2023, the average monthly growth rate of volume to Mexico was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Australia (+1.3% per month) and India (+3.4% per month).

In value terms, Mexico ($12M), the United States ($8.5M) and India ($4.3M) constituted the largest markets for aluminium tube exported from China worldwide, with a combined 29% share of total exports. These countries were followed by Australia, Thailand, Japan, Vietnam, Peru, South Korea, the Philippines, Malaysia, Indonesia and Iraq, which together accounted for a further 28%.

Peru, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Aluminium; tubes and pipes (12K tons) was the largest type of aluminium tube exported from China, with a 80% share of total exports. Moreover, aluminium; tubes and pipes exceeded the volume of the second product type, aluminium tube or pipe fittings (3K tons), fourfold.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of export of aluminium; tubes and pipes stood at +1.5%.

In value terms, the most traded types of aluminium tubes, pipes and tube or pipe fittings in China were aluminium; tubes and pipes ($52M) and aluminium tube or pipe fittings ($33M).

Among the main product categories, aluminium pipe fittings, with a CAGR of +1.3%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In April 2023, the aluminium tube price stood at $5,712 per ton (FOB, China), waning by -5.6% against the previous month. In general, the export price showed a slight descent. The pace of growth appeared the most rapid in June 2022 an increase of 4.9% against the previous month. As a result, the export price attained the peak level of $6,815 per ton. From July 2022 to April 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In April 2023, the country with the highest price was the United States ($11,599 per ton), while the average price for exports to Iraq ($3,150 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.9%), while the prices for the other major destinations experienced a decline.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium tube market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24422630 - Aluminium tubes and pipes (excluding hollow profiles, tube or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
  • Prodcom 24422650 - Aluminium alloy tubes and pipes (excluding hollow profiles, t ubes or pipe fittings, flexible tubing, tubes and pipes prepared for use in structures, machinery or vehicle parts, or the like)
  • Prodcom 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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