Africa: Alumina Market 2020

Alumina Market Size in Africa

In 2019, the African alumina market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. The total consumption indicated mild growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of consumption peaked at $X in 2018, and then reduced in the following year.

Alumina Production in Africa

In value terms, alumina production rose modestly to $X in 2019 estimated in export prices. Overall, production showed a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. Over the period under review, production reached the maximum level in 2019 and is expected to retain growth in years to come.

Production By Country in Africa

Guinea (X tons) constituted the country with the largest volume of alumina production, comprising approx. X% of total volume. Moreover, alumina production in Guinea exceeded the figures recorded by the second-largest producer, Cameroon (X tons), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume in Guinea stood at +X%.

Alumina Exports

Exports in Africa

In 2019, exports of alumina in Africa shrank modestly to X tons, almost unchanged from the year before. In general, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, alumina exports fell modestly to $X in 2019. Over the period under review, exports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2008; however, from 2009 to 2019, exports remained at a lower figure.

Exports by Country

Cameroon represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Guinea (X tons), generating a X% share of total exports. South Africa (X tons) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by South Africa, while exports for the other leaders experienced mixed trends in the exports figures.

In value terms, Cameroon ($X), Guinea ($X) and South Africa ($X) appeared to be the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

In terms of the main exporting countries, South Africa saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2019, the alumina export price in Africa amounted to $X per ton, with a decrease of -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the export price increased by X% year-to-year. Over the period under review, export prices hit record highs at $X per ton in 2018, and then declined in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Guinea ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced mixed trends in the export price figures.

Alumina Imports

Imports in Africa

In 2019, overseas purchases of alumina decreased by -X% to X tons for the first time since 2015, thus ending a three-year rising trend. Over the period under review, imports saw a mild slump. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. The volume of import peaked at X tons in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, alumina imports contracted remarkably to $X in 2019. In general, imports recorded a mild decrease. 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, and then declined dramatically in the following year.

Imports by Country

In 2019, South Africa (X tons) represented the major importer of alumina, making up X% of total imports. Egypt (X tons) occupied the second position in the ranking, followed by Cameroon (X tons). All these countries together held approx. X% share of total imports. Ghana (X tons) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to alumina imports into South Africa stood at -X%. At the same time, Ghana (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2019. By contrast, Cameroon (-X%) illustrated a downward trend over the same period. Ghana (+X p.p.) and Egypt (+X p.p.) significantly strengthened its position in terms of the total imports, while Cameroon and South Africa saw its share reduced by -X% and -X% from 2007 to 2019, respectively.

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

In South Africa, alumina imports declined by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Egypt (+X% per year) and Cameroon (-X% per year).

Import Prices by Country

The alumina import price in Africa stood at $X per ton in 2019, dropping by -X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% y-o-y. The level of import peaked at $X per ton in 2018, and then declined rapidly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Egypt ($X per ton) and Cameroon ($X per ton), while South Africa ($X per ton) and Ghana ($X per ton) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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