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Jun 12, 2025

Asia's Aluminium Tubes, Pipes and Fittings Market to See Moderate Growth with CAGR of +2.3% - News and Statistics - IndexBox

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IndexBox has just published a new report: Asia - Aluminium Tubes, Pipes And Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends and Insights.

The demand for aluminium tubes, pipes, and fittings in Asia is on the rise, leading to an expected upward consumption trend in the market. By the end of 2035, the market volume is projected to reach 1.3M tons, with a market value of $12.2B. The forecasted CAGR of +2.3% for market volume and +3.7% for market value highlight the steady growth expected in this sector.

Driven by increasing demand for aluminium tubes, pipes and tube or pipe fittings in Asia, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +2.3% for the period from 2024 to 2035, which is projected to bring the market volume to 1.3M tons by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.7% for the period from 2024 to 2035, which is projected to bring the market value to $12.2B (in nominal wholesale prices) by the end of 2035.

In 2024, approx. 1M tons of aluminium tubes, pipes and tube or pipe fittings were consumed in Asia; surging by 3.7% compared with 2023. The total consumption volume increased at an average annual rate of +3.1% from 2013 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Over the period under review, consumption of hit record highs in 2024 and is expected to retain growth in the near future.

The revenue of the market for aluminium tubes, pipes and tube or pipe fittings in Asia expanded slightly to $8.2B in 2024, increasing by 3.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated measured growth from 2013 to 2024: its value increased at an average annual rate of +4.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -2.7% against 2021 indices. As a result, consumption attained the peak level of $8.4B. From 2022 to 2024, the growth of the market remained at a lower figure.

China (415K tons) constituted the country with the largest volume of consumption of aluminium tubes, pipes and tube or pipe fittings, comprising approx. 40% of total volume. Moreover, consumption of aluminium tubes, pipes and tube or pipe fittings in China exceeded the figures recorded by the second-largest consumer, Japan (100K tons), fourfold. The third position in this ranking was held by Turkey (90K tons), with an 8.6% share.

In China, consumption of aluminium tubes, pipes and tube or pipe fittings expanded at an average annual rate of +3.7% over the period from 2013-2024. The remaining consuming countries recorded the following average annual rates of consumption growth: Japan (+1.3% per year) and Turkey (+10.6% per year).

In value terms, China ($3.3B) led the market, alone. The second position in the ranking was taken by Japan ($787M). It was followed by Pakistan.

In China, the market of aluminium tubes, pipes and tube or pipe fittings expanded at an average annual rate of +5.2% over the period from 2013-2024. The remaining consuming countries recorded the following average annual rates of market growth: Japan (+2.8% per year) and Pakistan (+4.7% per year).

The countries with the highest levels of aluminium tube, pipe or pipe fitting per capita consumption in 2024 were Turkey (1,041 kg per 1000 persons), Japan (810 kg per 1000 persons) and Saudi Arabia (758 kg per 1000 persons).

From 2013 to 2024, the biggest increases were recorded for Turkey (with a CAGR of +9.3%), while fittings for the other leaders experienced more modest paces of growth.

For the eighth year in a row, Asia recorded growth in production of aluminium tubes, pipes and tube or pipe fittings, which increased by 2.8% to 1.2M tons in 2024. The total output volume increased at an average annual rate of +3.3% over the period from 2013 to 2024; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 11%. The volume of production peaked in 2024 and is likely to continue growth in the immediate term.

In value terms, production of aluminium tubes, pipes and tube or pipe fittings fell modestly to $7.4B in 2024 estimated in export price. Overall, production continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2014 with an increase of 252%. As a result, production attained the peak level of $15.7B. From 2015 to 2024, production of growth failed to regain momentum.

The country with the largest volume of production of aluminium tubes, pipes and tube or pipe fittings was China (590K tons), accounting for 50% of total volume. Moreover, production of aluminium tubes, pipes and tube or pipe fittings in China exceeded the figures recorded by the second-largest producer, Japan (100K tons), sixfold. Turkey (91K tons) ranked third in terms of total production with a 7.8% share.

In China, production of aluminium tubes, pipes and tube or pipe fittings expanded at an average annual rate of +4.0% over the period from 2013-2024. The remaining producing countries recorded the following average annual rates of production growth: Japan (+0.8% per year) and Turkey (+8.5% per year).

In 2024, approx. 119K tons of aluminium tubes, pipes and tube or pipe fittings were imported in Asia; surging by 11% against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. The volume of import peaked at 132K tons in 2014; however, from 2015 to 2024, imports stood at a somewhat lower figure.

In value terms, imports of aluminium tubes, pipes and tube or pipe fittings reached $837M in 2024. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The level of import peaked at $837M in 2022; however, from 2023 to 2024, imports remained at a lower figure.

In 2024, Thailand (17K tons), India (15K tons) and Malaysia (13K tons) represented the largest importer of aluminium tubes, pipes and tube or pipe fittings in Asia, achieving 38% of total import. Vietnam (8.1K tons) held the next position in the ranking, followed by Indonesia (7.5K tons), Turkey (7.4K tons) and South Korea (6.5K tons). All these countries together held near 25% share of total imports. The Philippines (5.3K tons), Israel (4K tons) and Japan (3.9K tons) followed a long way behind the leaders.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Israel (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium tube, pipe or pipe fitting importing markets in Asia were Thailand ($107M), India ($90M) and South Korea ($71M), with a combined 32% share of total imports. Turkey, Vietnam, Malaysia, Japan, the Philippines, Israel and Indonesia lagged somewhat behind, together accounting for a further 38%.

In terms of the main importing countries, Vietnam, with a CAGR of +11.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Aluminium; tubes and pipes was the main imported product with an import of around 95K tons, which resulted at 80% of total imports. It was distantly followed by aluminium tube or pipe fittings (24K tons), generating a 20% share of total imports.

Aluminium; tubes and pipes experienced a relatively flat trend pattern with regard to volume of imports. At the same time, aluminium tube or pipe fittings (+1.4%) displayed positive paces of growth. Moreover, aluminium tube or pipe fittings emerged as the fastest-growing type imported in Asia, with a CAGR of +1.4% from 2013-2024. Aluminium tube or pipe fittings (+3.2 p.p.) significantly strengthened its position in terms of the total imports, while aluminium; tubes and pipes saw its share reduced by -3.2% from 2013 to 2024, respectively.

In value terms, aluminium; tubes and pipes ($576M) constitutes the largest type of aluminium tubes, pipes and tube or pipe fittings imported in Asia, comprising 69% of total imports. The second position in the ranking was held by aluminium tube or pipe fittings ($262M), with a 31% share of total imports.

For aluminium; tubes and pipes, imports remained relatively stable over the period from 2013-2024.

The import price in Asia stood at $7,054 per ton in 2024, waning by -6% against the previous year. Overall, the import price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2022 an increase of 11% against the previous year. As a result, import price attained the peak level of $7,822 per ton. From 2023 to 2024, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major imported products. In 2024, the product with the highest price was aluminium tube or pipe fittings ($10,974 per ton), while the price for aluminium; tubes and pipes totaled $6,075 per ton.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by aluminium pipe fittings (+1.7%).

In 2024, the import price in Asia amounted to $7,054 per ton, reducing by -6% against the previous year. Over the period under review, the import price, however, saw a mild increase. The pace of growth was the most pronounced in 2022 when the import price increased by 11%. As a result, import price reached the peak level of $7,822 per ton. From 2023 to 2024, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($13,872 per ton), while Indonesia ($3,317 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the Philippines (+4.6%), while the other leaders experienced more modest paces of growth.

In 2024, approx. 248K tons of aluminium tubes, pipes and tube or pipe fittings were exported in Asia; picking up by 2.4% against the year before. The total export volume increased at an average annual rate of +1.9% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 42% against the previous year. Over the period under review, the exports of attained the peak figure at 260K tons in 2021; however, from 2022 to 2024, the exports remained at a lower figure.

In value terms, exports of aluminium tubes, pipes and tube or pipe fittings amounted to $1.6B in 2024. Total exports indicated a notable expansion from 2013 to 2024: its value increased at an average annual rate of +3.4% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, exports decreased by -2.9% against 2022 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, the exports of hit record highs at $1.6B in 2022; afterwards, it flattened through to 2024.

China prevails in fittings structure, finishing at 180K tons, which was approx. 72% of total exports in 2024. It was distantly followed by South Korea (12K tons), committing a 4.7% share of total exports. The following exporters - Vietnam (11K tons), Turkey (8.5K tons), India (8.3K tons), Taiwan (Chinese) (6.7K tons), the United Arab Emirates (5K tons) and Japan (4K tons) - together made up 18% of total exports.

From 2013 to 2024, average annual rates of growth with regard to aluminium tube, pipe or pipe fitting exports from China stood at +3.7%. At the same time, Vietnam (+19.7%), the United Arab Emirates (+13.3%) and India (+11.2%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in Asia, with a CAGR of +19.7% from 2013-2024. By contrast, South Korea (-1.4%), Taiwan (Chinese) (-1.8%), Turkey (-3.4%) and Japan (-6.5%) illustrated a downward trend over the same period. From 2013 to 2024, the share of China, Vietnam and India increased by +13, +3.6 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1B) remains the largest aluminium tube, pipe or pipe fitting supplier in Asia, comprising 65% of total exports. The second position in the ranking was taken by Vietnam ($96M), with a 6.2% share of total exports. It was followed by South Korea, with a 6% share.

From 2013 to 2024, the average annual rate of growth in terms of value in China totaled +5.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+20.2% per year) and South Korea (+0.4% per year).

Aluminium; tubes and pipes represented the main exported product with an export of around 195K tons, which resulted at 79% of total exports. It was distantly followed by aluminium tube or pipe fittings (53K tons), creating a 21% share of total exports.

From 2013 to 2024, average annual rates of growth with regard to aluminium; tubes and pipes exports of stood at +1.2%. At the same time, aluminium tube or pipe fittings (+5.3%) displayed positive paces of growth. Moreover, aluminium tube or pipe fittings emerged as the fastest-growing type exported in Asia, with a CAGR of +5.3% from 2013-2024. Aluminium tube or pipe fittings (+6.4 p.p.) significantly strengthened its position in terms of the total exports, while aluminium; tubes and pipes saw its share reduced by -6.4% from 2013 to 2024, respectively.

In value terms, aluminium; tubes and pipes ($980M) and aluminium tube or pipe fittings ($585M) appeared to be the products with the highest levels of exports in 2024.

Aluminium tube or pipe fittings, with a CAGR of +6.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exported products over the period under review.

The export price in Asia stood at $6,316 per ton in 2024, remaining constant against the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2016 when the export price increased by 30%. The level of export peaked at $6,819 per ton in 2022; however, from 2023 to 2024, the export prices failed to regain momentum.

Prices varied noticeably by the product type; the product with the highest price was aluminium tube or pipe fittings ($11,060 per ton), while the average price for exports of aluminium; tubes and pipes stood at $5,029 per ton.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by aluminium pipe fittings (+1.5%).

The export price in Asia stood at $6,316 per ton in 2024, almost unchanged from the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 when the export price increased by 30% against the previous year. Over the period under review, the export prices attained the peak figure at $6,819 per ton in 2022; however, from 2023 to 2024, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($11,399 per ton), while China ($5,631 per ton) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for aluminium tube, pipe or pipe fitting in Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

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