Price for Aluminium; Tubes and Pipes in the UK - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in the UK (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in the UK (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in the UK
- Exports of Aluminium; Tubes and Pipes in the UK
Price for Aluminium; Tubes and Pipes in the UK (CIF) - 2022
In 2022, the average aluminium; tubes and pipes import price amounted to $7,944 per ton, picking up by 5% against the previous year. Over the period under review, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 14% against the previous year. The import price peaked at $9,571 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($104,829 per ton), while the price for the United Arab Emirates ($2,169 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 (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in the UK (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $27,247 per ton in 2022, declining by -5.9% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 an increase of 31%. Over the period under review, the average export prices attained the peak figure at $28,957 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($143,880 per ton), while the average price for exports to Spain ($6,309 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 Germany (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Tubes and Pipes in the UK
In 2022, the amount of aluminium; tubes and pipeses imported into the UK surged to 7.5K tons, rising by 24% against 2021 figures. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; tubes and pipes imports skyrocketed to $59M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Tubes and Pipes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.9 | 7.6 | 8.9 | 10.0 | 0.3% |
| Italy | 5.1 | 2.7 | 1.1 | 7.4 | 13.2% |
| France | 9.8 | 5.7 | 6.8 | 5.8 | -16.0% |
| Belgium | 1.3 | 1.6 | 1.5 | 5.4 | 60.7% |
| China | 4.8 | 3.1 | 3.1 | 4.1 | -5.1% |
| Taiwan (Chinese) | 2.0 | 1.2 | 1.1 | 2.9 | 13.2% |
| Netherlands | 1.4 | 0.9 | 0.5 | 2.4 | 19.7% |
| United Arab Emirates | N/A | N/A | N/A | 2.0 | 0% |
| Turkey | 1.0 | 1.8 | 2.4 | 1.7 | 19.3% |
| Spain | 4.3 | 1.4 | 0.9 | 1.6 | -28.1% |
| Czech Republic | 3.6 | 1.6 | 1.6 | 0.5 | -48.2% |
| Greece | 4.2 | 4.4 | 6.6 | N/A | 25.4% |
| Others | 6.1 | 9.9 | 11.1 | 15.8 | 37.3% |
| Total | 53.5 | 42.0 | 45.7 | 59.4 | 3.5% |
Top Suppliers of Aluminium; Tubes and Pipes to the UK in 2022:
- Italy (1669.9 tons)
- Belgium (1022.4 tons)
- Germany (971.3 tons)
- United Arab Emirates (911.5 tons)
- China (418.6 tons)
- France (358.5 tons)
- Turkey (348.1 tons)
- Netherlands (346.2 tons)
- Spain (211.4 tons)
- Taiwan (Chinese) (131.1 tons)
- Czech Republic (73.8 tons)
- Greece (6.5 tons)
Exports of Aluminium; Tubes and Pipes in the UK
In 2022, shipments abroad of aluminium; tubes and pipeses was finally on the rise to reach 1K tons after two years of decline. In general, exports, however, showed a deep contraction.
In value terms, aluminium; tubes and pipes exports fell to $27M in 2022. Over the period under review, exports, however, showed a abrupt decline. The smallest decline of -0.2% was in 2021.
| Export of Aluminium; Tubes and Pipes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.2 | 11.9 | 10.8 | 8.7 | 2.0% |
| Germany | 6.5 | 3.5 | 4.2 | 3.3 | -20.2% |
| France | 2.6 | 1.3 | 2.5 | 2.1 | -6.9% |
| China | 1.1 | 0.7 | 1.6 | 2.0 | 22.1% |
| Italy | 1.5 | 1.6 | 0.6 | 1.7 | 4.3% |
| India | 1.2 | 1.1 | 1.0 | 1.5 | 7.7% |
| Brazil | 1.0 | 0.9 | 1.0 | 1.3 | 9.1% |
| Poland | 0.6 | 1.5 | 0.6 | 0.8 | 10.1% |
| Ireland | 1.8 | 1.0 | 0.7 | 0.8 | -23.7% |
| Japan | 0.6 | 0.6 | 0.3 | 0.6 | 0.0% |
| Netherlands | 0.7 | 0.5 | 0.2 | 0.4 | -17.0% |
| Spain | 0.7 | 0.4 | 0.9 | 0.4 | -17.0% |
| Others | 6.5 | 3.3 | 3.9 | 3.8 | -16.4% |
| Total | 33.0 | 28.2 | 28.2 | 27.3 | -6.1% |
Top Export Markets for Aluminium; Tubes and Pipes from the UK in 2022:
- United States (267.1 tons)
- China (203.1 tons)
- Ireland (80.7 tons)
- Spain (60.3 tons)
- Brazil (55.8 tons)
- India (48.0 tons)
- Italy (46.4 tons)
- France (43.1 tons)
- Poland (27.8 tons)
- Germany (23.1 tons)
- Netherlands (19.7 tons)
- Japan (17.2 tons)
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