South Africa: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in South Africa

In 2022, the South African aluminium alloy tube market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Aluminium Alloy Tube Production in South Africa

In value terms, aluminium alloy tube production stood at $X in 2022 estimated in export price. In general, production, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Aluminium alloy tube production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Aluminium Alloy Tube Exports

Exports from South Africa

In 2022, approx. X tons of aluminium alloy tubes and pipes were exported from South Africa; declining by X% on the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, aluminium alloy tube exports declined to $X in 2022. In general, exports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), the United States (X tons) and Spain (X tons) were the main destinations of aluminium alloy tube exports from South Africa, with a combined X% share of total exports.

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

In value terms, the Czech Republic ($X), the United States ($X) and Germany ($X) constituted the largest markets for aluminium alloy tube exported from South Africa worldwide, together comprising X% of total exports.

Among the main countries of destination, 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

In 2022, the average aluminium alloy tube export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Turkey ($X per ton) and India ($X per ton), while the average price for exports to Spain ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced a decline.

Aluminium Alloy Tube Imports

Imports into South Africa

In 2022, purchases abroad of aluminium alloy tubes and pipes increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume 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 growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, aluminium alloy tube imports skyrocketed to $X in 2022. The total import 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 in certain years. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium alloy tube supplier to South Africa, accounting for a X% share of total imports. Moreover, aluminium alloy tube imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Mexico (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Mexico (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy tubes and pipes to South Africa, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Mexico, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Mexico (X% per year).

Import Prices by Country

The average aluminium alloy tube import price stood at $X per ton in 2022, remaining constant against the previous year. In general, the import price, however, saw a pronounced setback. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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