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12 AUGUST 2020 AL CIRCLE

Germany’s export of Aluminium Tubes and Pipes during 2017-20 remains enterprising, marginal dip exhibits in 2019-20

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

The four most important sectors that dominate the industry in Germany are automotive, mechanical engineering, chemical and electrical. However, Aluminium products, Iron and steel, shipbuilding industries had also come up in a big way. German manufacturing sector is strong as the manufacturing companies can maintain competitiveness in global markets even having to pay high wages for a relatively low number of hours worked by attaining high rates of productivity.

Germany's export of aluminium tubes and pipes

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The Western European nation’s export for aluminium tubes and pipes during 2017-19 has remained enterprising, though the seesaw moment had been revealed, still, it is considered as one the strong export market. During the above-mentioned phase, the export volume stood at 77,352 tonnes and revenue generation stood at $480.96 million. Projected export for 2020 has been analysed to be 28,328 tonnes and revenue earning to stand at $193.61 million. When the analysed export volume and earning of 2020 gets assorted with the existing three years, it exhibits 105,680 tonnes and $674.57 million respectively.

Germany's export of Aluminium tubes and pipes

Deutschland’s export aluminium tubes and pipes in 2017 was recorded at 16,500 tonnes, which depicted revenue generation of $104.99 million, whereas in 2018 the export saw a surge by 96.71%, as the export volume jumped to 32,458 tonnes and earnings also climbed to $198.45 million.

Germany's export of aluminium tubes and pipes

The nation’s aluminium tubes and pipes export in 2019 reflected with a downfall by 12.52%, as the export remained at 28,394 tonnes and earnings fell to $177.51 million.

Germany's export of aluminium tubes and pipes

Aluminium tubes and pipes export for 2020 has been analysed with a marginal dip by 0.23%, as the volume to stay at 28,328 tonnes, while earnings to rise at $193.61 million.

Report on Global Aluminium Industry - Key Trends to 2030

Germany’s major trading nations for exportation of aluminium tubes and pipes are Argentina, Austria, Bangladesh, Bosnia Herzegovina, Belgium, Brazil, Bulgaria, Canada, China, Columbia, Croatia, Czech Rep., Denmark, Estonia, Ethiopia, Finland, France, Hungary, India, Japan, etc.

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Aluminium Europe

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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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