Sweden: Aluminium Pipe Fittings Market 2024

Aluminium Pipe Fittings Market Size in Sweden

The Swedish aluminium pipe fittings market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a remarkable increase. Aluminium pipe fittings consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Aluminium Pipe Fittings Production in Sweden

In value terms, aluminium pipe fittings production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a measured increase. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Aluminium Pipe Fittings Exports

Exports from Sweden

In 2022, shipments abroad of aluminium tube or pipe fittings increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium pipe fittings exports soared to $X in 2022. Over the period under review, exports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), Finland (X tons) and Norway (X tons) were the main destinations of aluminium pipe fittings exports from Sweden, with a combined X% share of total exports. Spain, Germany, Denmark, the UK, North Macedonia, Austria, China, Turkey, Brazil and France lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for aluminium pipe fittings exported from Sweden were Finland ($X), Norway ($X) and the United States ($X), with a combined X% share of total exports. China, Germany, Spain, Denmark, Brazil, Austria, France, the UK, Turkey and North Macedonia lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the average aluminium pipe fittings export price amounted to $X per ton, growing by X% against the previous year. In general, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to North Macedonia ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Pipe Fittings Imports

Imports into Sweden

In 2022, the amount of aluminium tube or pipe fittings imported into Sweden rose rapidly to X tons, with an increase of X% compared with 2021. Overall, total imports indicated a measured 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 pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, aluminium pipe fittings imports soared to $X in 2022. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

Poland (X tons), China (X tons) and Italy (X tons) were the main suppliers of aluminium pipe fittings imports to Sweden, with a combined X% share of total imports. Germany, Finland, India, the Czech Republic, the UK, Denmark, Belgium, France, the United States and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), China ($X) and Germany ($X) appeared to be the largest aluminium pipe fittings suppliers to Sweden, together comprising X% of total imports. The Czech Republic, Belgium, Finland, the UK, the United States, Denmark, France, Italy, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium pipe fittings import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, import price indicated a prominent expansion 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 pipe fittings import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform