EU: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in the EU

In 2022, the EU aluminium pipe fittings market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, posted a significant expansion. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Aluminium Pipe Fittings Production in the EU

In value terms, aluminium pipe fittings production expanded significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level in 2022 and is likely to see gradual growth in years to come.

Aluminium Pipe Fittings Exports

Exports in the EU

In 2022, overseas shipments of aluminium tube or pipe fittings increased by X% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, aluminium pipe fittings exports contracted modestly to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

In 2022, Italy (X tons) was the main exporter of aluminium tube or pipe fittings, achieving X% of total exports. It was distantly followed by Germany (X tons), Spain (X tons), the Netherlands (X tons) and the Czech Republic (X tons), together committing a X% share of total exports. Poland (X tons), Finland (X tons), France (X tons), Austria (X tons), Belgium (X tons), Hungary (X tons) and Romania (X tons) followed a long way behind the leaders.

Exports from Italy increased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%), Poland (X%), Germany (X%), Belgium (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Spain and Finland experienced a relatively flat trend pattern. By contrast, Austria (X%), France (X%), Romania (X%) and Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Italy, the Czech Republic, Germany and Poland increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. The Netherlands, Spain, Austria, the Czech Republic, Belgium, Poland, Hungary, Finland and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Aluminium Pipe Fittings Imports

Imports in the EU

In 2022, overseas purchases of aluminium tube or pipe fittings increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, aluminium pipe fittings imports amounted to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons), followed by the Czech Republic (X tons), the Netherlands (X tons), Poland (X tons), Spain (X tons), France (X tons), Belgium (X tons), Austria (X tons), Romania (X tons), Italy (X tons) and Hungary (X tons) represented the key importers of aluminium tube or pipe fittings, together constituting X% of total imports. Portugal (X tons) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, Spain, Poland, Romania, Austria, Italy, Hungary, Belgium and Portugal lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Portugal, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform