The global export of profiles and hollow aluminum alloys is notably led by China, which far surpasses other countries like Germany and Spain. Over the past couple of years, China leveraged its leading position with a positive year-on-year growth of 2.78%. Germany and Spain also recorded growth, albeit at slower rates of 1.63% and 4.88% respectively. The United States exhibited the most significant year-on-year increase among major exporters, with a 13.08% rise, signaling robust demand or increased production capabilities.
In the last five years, the compounded annual growth rate (CAGR) across these countries varies, but one should note the significant contributions from emerging exporters such as Malaysia and South Korea, both displaying growth rates above 3%. While countries like Canada, Norway, and Brazil faced negative trends, indicating possible market saturation or competition pressures.
Looking forward, key trends to watch include China's continued dominance, possibly challenged by increased regional competition and innovations such as lightweight alloys in automotive and construction industries. Additionally, geopolitical tensions and environmental policies might shift trade patterns, influencing the structure of global supply chains.
Top countries in Export of Profiles and Hollow of Aluminium Alloys by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,652,300,000 | 2023 | +2.6% | +2.78% | View data |
| 2 | 2 Germany | 840,230,000 | 2023 | +2.51% | +1.63% | View data |
| 3 | 3 Spain | 468,330,000 | 2023 | +5.28% | +4.88% | View data |
| 4 | 4 Austria | 349,550,000 | 2023 | +1.43% | +0.84% | View data |
| 5 | 5 United States | 164,430,000 | 2023 | -1.42% | +13.08% | View data |
| 6 | 6 Belgium | 161,900,000 | 2023 | +2.54% | +2.12% | View data |
| 7 | 7 Canada | 157,860,000 | 2023 | +3.04% | -0.96% | View data |
| 8 | 8 Sweden | 147,750,000 | 2023 | +2.03% | +1.22% | View data |
| 9 | 9 Malaysia | 136,680,000 | 2023 | +5.3% | +3.06% | View data |
| 10 | 10 Denmark | 128,140,000 | 2023 | +0.31% | -1.14% | View data |
