Turkey - Aluminium Tubes And Pipes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Tube Price in Turkey - 2023
Contents:
- Aluminium Tube Price in Turkey (FOB) - 2022
- Aluminium Tube Price in Turkey (CIF) - 2023
- Aluminium Tube Exports in Turkey
- Aluminium Tube Imports in Turkey
Aluminium Tube Price in Turkey (FOB) - 2022
In 2022, the average aluminium tube export price amounted to $4,679 per ton, picking up by 32% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. 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 Poland ($7,674 per ton), while the average price for exports to Morocco ($3,762 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 Argentina (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Tube Price in Turkey (CIF) - 2023
The average aluminium tube import price stood at $4,307 per ton in July 2023, which is down by -38.9% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 162% m-o-m. As a result, import price attained the peak level of $10,185 per ton. From September 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($14,795 per ton), while the price for Italy ($3,071 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+17.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Tube Exports in Turkey
In 2022, overseas shipments of aluminium tubes and pipes decreased by -16% to 3.2K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a noticeable curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 4K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, aluminium tube exports rose remarkably to $15M in 2022. The total export value increased at an average annual rate of +12.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
Export of Aluminium Tube in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 1,527 | 1,701 | 2,155 | 2,372 | 15.8% |
Germany | 1,357 | 1,140 | 1,406 | 2,280 | 18.9% |
Italy | 1,276 | 1,487 | 2,156 | 1,917 | 14.5% |
Romania | 2,869 | 1,153 | 1,165 | 1,658 | -16.7% |
Russia | 486 | 577 | 967 | 1,552 | 47.3% |
Argentina | 259 | 345 | 532 | 1,047 | 59.3% |
Mexico | 5.0 | 1,593 | 1,024 | 889 | 462.3% |
Poland | 246 | 545 | 759 | 627 | 36.6% |
Egypt | 327 | 445 | 863 | 570 | 20.3% |
Morocco | 356 | 90.6 | 396 | 523 | 13.7% |
France | 226 | 203 | 35.2 | 494 | 29.8% |
Iran | 656 | 943 | 350 | 1.4 | -87.1% |
Others | 1,204 | 1,657 | 1,924 | 1,258 | 1.5% |
Total | 10,793 | 11,881 | 13,732 | 15,187 | 12.1% |
Top Export Markets for Aluminium Tube from Turkey in 2022:
- Bulgaria (536.9 tons)
- Germany (485.6 tons)
- Italy (434.2 tons)
- Russia (349.1 tons)
- Romania (336.2 tons)
- Argentina (223.3 tons)
- Mexico (162.0 tons)
- Morocco (138.9 tons)
- Egypt (129.9 tons)
- France (103.9 tons)
- Poland (81.7 tons)
- Iran (0.5 tons)
Aluminium Tube Imports in Turkey
In 2022, supplies from abroad of aluminium tubes and pipes decreased by -10% to 168 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 162% against the previous year.
In value terms, aluminium tube imports totaled $975K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
Import of Aluminium Tube in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 140 | 71.8 | 64.8 | 310 | 30.3% |
Poland | 275 | 310 | 315 | 197 | -10.5% |
China | 76.2 | 201 | 154 | 185 | 34.4% |
Netherlands | 4.0 | 29.0 | 52.0 | 127 | 216.7% |
India | N/A | N/A | N/A | 48.2 | 0% |
Italy | 38.3 | 14.5 | 15.9 | 37.5 | -0.7% |
Romania | N/A | 250 | 338 | 25.3 | -68.2% |
Iran | N/A | N/A | N/A | 25.1 | 0% |
Others | 30.0 | 30.1 | 25.1 | 21.6 | -10.4% |
Total | 564 | 906 | 964 | 975 | 20.0% |
Top Suppliers of Aluminium Tube to Turkey in 2022:
- Germany (42.0 tons)
- China (30.9 tons)
- Poland (26.7 tons)
- Iran (26.5 tons)
- Netherlands (12.6 tons)
- Italy (11.7 tons)
- India (5.8 tons)
- Romania (5.5 tons)
This report provides an in-depth analysis of the aluminium tube market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium tube market in Turkey.
This report provides an in-depth analysis of the aluminium tube market in Turkey.
This report provides an in-depth analysis of the aluminium alloy tube market in Turkey.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the global aluminium alloy tube market.
This report provides an in-depth analysis of the aluminium tube market in Turkey.
This report provides an in-depth analysis of the aluminium tube market in Turkey.
This report provides an in-depth analysis of the aluminium alloy tube market in Turkey.
This report provides an in-depth analysis of the global aluminium tube market.
The growth of Aluminium Tube exports from 2015 to 2023 failed to regain momentum, with a remarkable decline in value terms to $12M in 2023.
The Aluminium Tube industry witnessed a significant growth rate in May 2023, recording a month-on-month increase of 51%. In terms of value, the exports of Aluminium Tubes reached a total of $884K in November 2023.
The price of Aluminium Alloy Tube in March 2023, CIF Turkey, remained relatively stable at $7,758 per ton, compared to the previous month.
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...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Germany is one of the leaders in the global aluminium tube, pipe and tube or pipe fitting trade. In 2014, Germany exported X thousand tons of aluminium tubes, pipes and tube or pipe fittings totaling X million USD, X% over the previous year. Its p
The growth of Aluminium Tube exports from 2015 to 2023 failed to regain momentum, with a remarkable decline in value terms to $12M in 2023.
The Aluminium Tube industry witnessed a significant growth rate in May 2023, recording a month-on-month increase of 51%. In terms of value, the exports of Aluminium Tubes reached a total of $884K in November 2023.