The invention belongs to the technical field of aluminum alloy pipe machining, and discloses an aluminum alloy material, an aluminum alloy hollow pipe and a preparation method of the aluminum alloy hollow pipe. The aluminum alloy material comprises the following components: 2.0 to 2.5 percent of Mg, 0.1 to 0.5 percent of Mn, 0.01 to 0.05 percent of Ti, 0.15 to 0.25 percent of Si, less than or equal to 0.2 percent of Fe and the balance of Al. The aluminum alloy hollow pipe is prepared in a continuous casting mode, traditional extrusion and stabilizing annealing steps are reduced, the mechanical property of the prepared pipe meets the use requirement, and the productivity is improved; and the heating system and the casting system adopt forced heating and forced cooling systems, so that the temperature gradient of a solid-liquid surface is ensured, the degree of supercooling is ensured, alloy grains are refined, and compared with an aluminum alloy pipe prepared by a semi-continuous casting method, the mechanical property is improved by 10%-15%.