Philippines - Aluminium Alloy Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Philippines - Aluminium Alloy Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights

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Aluminium Alloy Tube Price in the Philippines - 2023

Contents:

  1. Aluminium Alloy Tube Price in the Philippines (CIF) - 2023
  2. Aluminium Alloy Tube Price in the Philippines (FOB) - 2022
  3. Aluminium Alloy Tube Imports in the Philippines
  4. Aluminium Alloy Tube Exports in the Philippines

Aluminium Alloy Tube Price in the Philippines (CIF) - 2023

In June 2023, the average aluminium alloy tube import price amounted to $6,649 per ton, with an increase of 6.2% against the previous month. Overall, the import price recorded slight growth. The pace of growth appeared the most rapid in February 2023 an increase of 193% month-to-month. Over the period under review, average import prices reached the peak figure at $12,432 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($14,902 per ton), while the price for China ($3,461 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Aluminium Alloy Tube Price in the Philippines (FOB) - 2022

The average aluminium alloy tube export price stood at $25,966 per ton in 2022, picking up by 175% against the previous year. Over the period under review, the export price enjoyed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($2,392,323 per ton), while the average price for exports to South Korea ($4,279 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+250.2%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Alloy Tube Imports in the Philippines

In 2022, purchases abroad of aluminium alloy tubes and pipes decreased by -61.1% to 733 tons, falling for the second year in a row after two years of growth. Overall, imports saw a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 2.9% against the previous year. As a result, imports attained the peak of 4.2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium alloy tube imports contracted rapidly to $2.4M in 2022. In general, imports saw a precipitous descent. The growth pace was the most rapid in 2020 with an increase of 2.1% against the previous year. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Aluminium Alloy Tube in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,5003,5112,051910-15.3%
China2,8794,0661,827392-48.6%
Japan5,6301,658653252-64.5%
Taiwan (Chinese)1,3171,297841199-46.7%
Vietnam29614112579.1-35.6%
Thailand37.32.911969.322.9%
Australia37528412.933.6-55.3%
Indonesia14.721115.54.5-32.6%
Others1,3222,481533465-29.4%
Total13,37113,6506,1772,403-43.6%

Top Suppliers of Aluminium Alloy Tube to the Philippines in 2022:

  1. China (295.0 tons)
  2. South Korea (211.7 tons)
  3. Thailand (50.4 tons)
  4. Taiwan (Chinese) (49.9 tons)
  5. Japan (40.0 tons)
  6. Vietnam (17.7 tons)
  7. Indonesia (13.2 tons)
  8. Australia (8.1 tons)

Aluminium Alloy Tube Exports in the Philippines

In 2022, approx. 29 kg of aluminium alloy tubes and pipes were exported from the Philippines; waning by -99.2% against the previous year's figure. In general, exports showed a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 265% against the previous year.

In value terms, aluminium alloy tube exports contracted sharply to $753 in 2022. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 78%.

Export of Aluminium Alloy Tube in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia43.016.829.80.7-74.7%
Hong Kong SAR1.00.30.5N/A-29.3%
Russia0.1N/AN/AN/A0%
JapanN/AN/A0.1N/A0%
South KoreaN/AN/AN/AN/A0%
Germany0.20.20.3N/A22.5%
ChinaN/AN/AN/AN/A0%
Malaysia1.40.50.7N/A-29.3%
France0.30.10.2N/A-18.4%
Czech RepublicN/AN/AN/AN/A0%
PalauN/AN/AN/AN/A0%
Australia0.1N/A0.1N/A0.0%
BrazilN/AN/AN/AN/A0%
Others2.41.12.2N/A-4.3%
Total48.619.033.80.8-74.6%

Top Export Markets for Aluminium Alloy Tube from the Philippines in 2022:

  1. Indonesia (25.0 kg)
  2. Hong Kong SAR (2.0 kg)
  3. Brazil (1.0 kg)
  4. Australia (1.0 kg)
  5. Palau (1.0 kg)
  6. Czech Republic (1.0 kg)
  7. France (1.0 kg)
  8. Malaysia (1.0 kg)
  9. China (1.0 kg)
  10. Japan (1.0 kg)
  11. Germany (1.0 kg)
  12. South Korea (1.0 kg)
  13. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium alloy tube market in the Philippines. 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 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)

Country coverage:

  • Philippines

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Philippines
  • 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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In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...

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