Report Update: Apr 1, 2024

Hong Kong SAR, China - Aluminium Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights

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Aluminium Tube Price in Hong Kong SAR - 2023

Aluminium Tube Price in Hong Kong SAR (CIF) - 2022

The average aluminium tube import price stood at $3,456 per ton in 2022, shrinking by -25% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 25% against the previous year. As a result, import price reached the peak level of $12,169 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.0% per year.

Aluminium Tube Price in Hong Kong SAR (FOB) - 2022

In 2022, the average aluminium tube export price amounted to $13,269 per ton, jumping by 31% against the previous year. Over the period under review, the export price recorded moderate growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 153% against the previous year. The export price peaked at $30,714 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($23,997 per ton), while the average price for exports to Macao SAR ($5,576 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 South Korea (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Tube Imports in Hong Kong SAR

In 2022, imports of aluminium tubes and pipes into Hong Kong SAR fell notably to 82 tons, which is down by -65.3% compared with the previous year's figure. Over the period under review, imports saw a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 7.3%. As a result, imports attained the peak of 236 tons, and then fell notably in the following year.

In value terms, aluminium tube imports declined notably to $284K in 2022. Overall, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $1.1M, and then dropped dramatically in the following year.

Import of Aluminium Tube in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	633	578	979	249	-26.7%
Thailand	166	159	88.3	N/A	-27.1%
Others	91.1	233	22.1	34.1	-27.9%
Total	891	971	1,090	284	-31.7%

Top Suppliers of Aluminium Tube to Hong Kong SAR in 2022:

China (80.2 tons)

Aluminium Tube Exports in Hong Kong SAR

In 2022, exports of aluminium tubes and pipes from Hong Kong SAR fell rapidly to 21 tons, waning by -37.1% against 2021. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 34 tons, and then dropped significantly in the following year.

In value terms, aluminium tube exports reduced markedly to $284K in 2022. Over the period under review, exports, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 125% against the previous year. As a result, the exports reached the peak of $345K, and then fell notably in the following year.

Export of Aluminium Tube in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	61.3	15.3	285	150	34.8%
China	67.9	22.0	27.5	34.7	-20.0%
Japan	11.6	9.7	1.6	32.9	41.6%
Guam	28.8	24.4	17.7	23.2	-7.0%
Macao SAR	N/A	N/A	7.1	16.2	128.2%
United Kingdom	15.9	1.3	N/A	15.5	-0.8%
Canada	1.6	5.6	0.2	9.0	77.8%
Dominican Republic	23.7	18.3	3.6	0.5	-72.4%
Germany	N/A	40.3	N/A	N/A	0%
Others	52.9	16.1	1.7	2.3	-64.8%
Total	264	153	345	284	2.5%

Top Export Markets for Aluminium Tube from Hong Kong SAR in 2022:

United States (7.8 tons)
China (4.7 tons)
Macao SAR (2.9 tons)
Guam (2.4 tons)
United Kingdom (1.4 tons)
Japan (1.4 tons)
Canada (0.5 tons)
Dominican Republic (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aluminium tube market in Hong Kong SAR, 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)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, 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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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