Africa: Alumina Market 2022

Alumina Market Size in Africa

In 2021, after two years of decline, there was growth in the African alumina market, when its value increased by X% to $X. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Alumina Production in Africa

In value terms, alumina production reached $X in 2021 estimated in export price. Over the period under review, production, however, posted buoyant growth. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Alumina Exports

Exports in Africa

In 2021, after two years of growth, there was significant decline in overseas shipments of alumina, when their volume decreased by -X% to X tons. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020, and then fell in the following year.

In value terms, alumina exports dropped slightly to $X in 2021. Total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020, and then declined slightly in the following year.

Exports by Country

Guinea represented the major exporter of alumina in Africa, with the volume of exports accounting for X tons, which was near X% of total exports in 2021. Cameroon (X tons) ranks second in terms of the total exports with a X% share, followed by Swaziland (X%).

Exports from Guinea increased at an average annual rate of +X% from 2012 to 2021. At the same time, Swaziland (+X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2012-2021. By contrast, Cameroon (-X%) illustrated a downward trend over the same period. While the share of Swaziland (+X p.p.) and Guinea (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Cameroon (-X p.p.) displayed negative dynamics.

In value terms, Guinea ($X) remains the largest alumina supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Cameroon ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Guinea amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cameroon (+X% per year) and Swaziland (+X% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Swaziland ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cameroon (+X%), while the other leaders experienced mixed trends in the export price figures.

Alumina Imports

Imports in Africa

In 2021, the amount of alumina imported in Africa contracted to X tons, waning by -X% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, alumina imports rose significantly to $X in 2021. Total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

South Africa was the major importer of alumina in Africa, with the volume of imports amounting to X tons, which was near X% of total imports in 2021. It was distantly followed by Cabo Verde (X tons), comprising a X% share of total imports. The following importers - Ghana (X tons) and Egypt (X tons) - together made up X% of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of alumina. At the same time, Ghana (+X%) and Cabo Verde (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2012-2021. By contrast, Egypt (-X%) illustrated a downward trend over the same period. While the share of Cabo Verde (+X p.p.), Ghana (+X p.p.) and South Africa (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Egypt (-X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported alumina in Africa, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with an X% share of total imports. It was followed by Cabo Verde, with a X% share.

In South Africa, alumina imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Cabo Verde (+X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Egypt ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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