Europe: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in Europe

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

Aluminium Pipe Fittings Production in Europe

In value terms, aluminium pipe fittings production expanded sharply to $X in 2022 estimated in export price. The total output value 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 appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the near future.

Aluminium Pipe Fittings Exports

Exports in Europe

In 2022, shipments abroad of aluminium tube or pipe fittings increased by X% to X tons, rising for the second year in a row 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 in certain years. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, aluminium pipe fittings exports stood at $X in 2022. Total exports indicated a tangible increase 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 growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Italy (X tons) represented 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), the UK (X tons), Belgium (X tons), Hungary (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to aluminium pipe fittings exports from Italy stood at X%. 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 Europe, with a CAGR of X% from 2012-2022. Spain and Finland experienced a relatively flat trend pattern. By contrast, Austria (X%), the UK (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, the largest aluminium pipe fittings supplying countries in Europe were Germany ($X), Italy ($X) and the UK ($X), together comprising X% of total exports. France, the Netherlands, Spain, Austria, the Czech Republic, Belgium, Poland, Hungary, Finland and Romania lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of 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 Europe stood at $X per ton in 2022, declining by X% against the previous year. Overall, 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%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

In 2022, purchases abroad 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 was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, aluminium pipe fittings imports expanded markedly to $X in 2022. Total imports indicated a strong increase 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 most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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), the UK (X tons), France (X tons), Belgium (X tons), Austria (X tons) and Romania (X tons) represented the key importers of aluminium tube or pipe fittings, together committing X% of total imports. The following importers - Italy (X tons), Hungary (X tons) and Russia (X tons) - each finished at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (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) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of 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

The import price in Europe stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while Russia ($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