Scandinavia: Aluminium Alloy Tube Market 2024

Aluminium Alloy Tube Market Size in Scandinavia

In 2022, the Scandinavia aluminium alloy tube market increased by X% to $X, rising for the third year in a row after two years of decline. The total consumption indicated a prominent expansion 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. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Aluminium Alloy Tube Production in Scandinavia

In value terms, aluminium alloy tube production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible downturn. The level of 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 in Scandinavia

In 2022, shipments abroad of aluminium alloy tubes and pipes was finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, aluminium alloy tube exports soared to $X in 2022. Overall, exports, however, saw a pronounced slump. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Norway (X tons), mixing up a X% share of total exports. Finland (X tons) followed a long way behind the leaders.

Exports from Sweden decreased at an average annual rate of X% from 2012 to 2022. Norway (X%) and Finland (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) and Norway (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest aluminium alloy tube supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports.

In Sweden, aluminium alloy tube exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Aluminium Alloy Tube Imports

Imports in Scandinavia

In 2022, approx. X tons of aluminium alloy tubes and pipes were imported in Scandinavia; waning by X% compared with the year before. 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 throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium alloy tube imports totaled $X in 2022. Total imports indicated temperate 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 2020 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Sweden (X tons) and Norway (X tons) were the main importers of aluminium alloy tubes and pipes in Scandinavia, together comprising X% of total imports. It was distantly followed by Finland (X tons), mixing up a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Norway, with a CAGR of X%, saw 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 Scandinavia stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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