Sweden: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in Sweden

In 2022, the Swedish aluminium alloy tube market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated a resilient 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Aluminium Alloy Tube Production in Sweden

In value terms, aluminium alloy tube production reduced to $X in 2022 estimated in export price. In general, production faced a deep downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Aluminium alloy tube production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Aluminium Alloy Tube Exports

Exports from Sweden

In 2022, overseas shipments of aluminium alloy tubes and pipes increased by X% to X tons, rising for the third year in a row after five years of decline. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium alloy tube exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Norway (X tons) and Denmark (X tons) were the main destinations of aluminium alloy tube exports from Sweden, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Norway ($X) and Denmark ($X) appeared to be the largest markets for aluminium alloy tube exported from Sweden worldwide, with a combined X% share of total exports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average aluminium alloy tube export price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price saw prominent growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

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

Aluminium Alloy Tube Imports

Imports into Sweden

After two years of growth, overseas purchases of aluminium alloy tubes and pipes decreased by X% to X tons in 2022. Overall, imports saw a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, aluminium alloy tube imports fell modestly to $X in 2022. Over the period under review, total imports indicated perceptible 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, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Denmark (X tons) constituted the largest aluminium alloy tube supplier to Sweden, accounting for a X% share of total imports. Moreover, aluminium alloy tube imports from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Belgium (X tons), with a X% share.

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

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

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

Import Prices by Country

In 2022, the average aluminium alloy tube import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price 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, aluminium alloy tube import price increased by X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Denmark ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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