MENA: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in MENA

The MENA's aluminium alloy tube market rose remarkably to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aluminium Alloy Tube Production in MENA

In value terms, aluminium alloy tube production expanded slightly to $X in 2022 estimated in export price. The total production indicated buoyant growth 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Aluminium Alloy Tube Exports

Exports in MENA

After three years of growth, shipments abroad of aluminium alloy tubes and pipes decreased by X% to X tons in 2022. Over the period under review, exports, however, saw a pronounced expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then contracted markedly in the following year.

In value terms, aluminium alloy tube exports dropped significantly to $X in 2022. In general, exports, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

In 2022, Turkey (X tons) represented the key exporter of aluminium alloy tubes and pipes, mixing up X% of total exports. It was distantly followed by Egypt (X tons) and the United Arab Emirates (X tons), together committing a X% share of total exports. The following exporters - Israel (X tons) and Bahrain (X tons) - each finished at a X% share of total exports.

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

In value terms, Turkey ($X) emerged as the largest aluminium alloy tube supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, aluminium alloy tube exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Bahrain ($X per ton) was amongst the lowest.

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

Aluminium Alloy Tube Imports

Imports in MENA

In 2022, approx. X tons of aluminium alloy tubes and pipes were imported in MENA; surging by X% against 2021. The total import volume 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 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, aluminium alloy tube imports soared to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) and Iraq (X tons) represented the major importers of aluminium alloy tubes and pipes in MENA, together recording approx. X% of total imports. Israel (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%) and the United Arab Emirates (X%). Tunisia (X tons), Kuwait (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

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

In value terms, Turkey ($X) constitutes the largest market for imported aluminium alloy tubes and pipes in MENA, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with an X% share of total imports. It was followed by Iraq, with a X% share.

In Turkey, aluminium alloy tube imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and Iraq (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per ton, falling by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Turkey ($X per ton), while Iraq ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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