Estonia: Aluminium Tube Market Overview 2020

Aluminium Tube Market Size in Estonia

The revenue of the aluminium tube market in Estonia amounted to $X in 2018, picking up by X% against the previous year. In general, aluminium tube consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Estonia aluminium tube consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Aluminium Tube Production in Estonia

In value terms, aluminium tube production amounted to $X in 2018 estimated in export prices. Overall, aluminium tube production continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. In that year, aluminium tube production attained its peak level of $X. From 2015 to 2018, aluminium tube production growth remained at a lower figure.

Aluminium Tube Exports

Exports from Estonia

Aluminium tube exports from Estonia stood at X tonnes in 2018, falling by -X% against the previous year. In general, aluminium tube exports continue to indicate a drastic decline. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, aluminium tube exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, aluminium tube exports amounted to $X in 2018. In general, aluminium tube exports continue to indicate a measured decrease. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Estonia exports peaked at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X tonnes), distantly followed by the U.S. (X tonnes) and Germany (X tonnes) were the major exporters of aluminium tubes, pipes and tube or pipe fittings, together comprising X% of total exports. Italy (X tonnes), Belgium (X tonnes), South Africa (X tonnes), Denmark (X tonnes), Greece (X tonnes), South Korea (X tonnes), Mexico (X tonnes), Japan (X tonnes) and Turkey (X tonnes) took a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium tube markets from Estonia were China ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports. Italy, South Africa, Belgium, Denmark, South Korea, Japan, Mexico, Turkey, Greece and Estonia lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The aluminium tube export price in Estonia stood at $X per tonne in 2018, coming down by -X% against the previous year. Over the period under review, the export price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium tube export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the export prices for aluminium tubes, pipes and tube or pipe fittings attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the export prices for aluminium tubes, pipes and tube or pipe fittings failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per tonne), while Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Aluminium Tube Imports

Imports into Estonia

In 2018, approx. X tonnes of aluminium tubes, pipes and tube or pipe fittings were imported into Estonia; jumping by X% against the previous year. In general, aluminium tube imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Estonia imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, aluminium tube imports stood at $X in 2018. Overall, aluminium tube imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Estonia imports peaked at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

Germany (X tonnes) and Mexico (X tonnes) were the major importers of aluminium tubes, pipes and tube or pipe fittings in 2018, reaching near X% and X% of total imports, respectively. It was followed by the U.S. (X tonnes), the Czech Republic (X tonnes) and France (X tonnes), together achieving an X% share of total imports. Poland (X tonnes), Canada (X tonnes), the UK (X tonnes), India (X tonnes), the Netherlands (X tonnes), Thailand (X tonnes) and Malaysia (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium tube importing markets into Estonia were Mexico ($X), Germany ($X) and the U.S. ($X), with a combined X% share of total imports. The Czech Republic, France, Canada, the UK, Poland, India, the Netherlands, Thailand, Malaysia and Estonia lagged somewhat behind, together comprising a further X experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the aluminium tube import price in Estonia amounted to $X per tonne, rising by X% against the previous year. In general, the aluminium tube import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. Estonia import price peaked at $X per tonne in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform