Asia: Alumina Market 2020

Alumina Market Size in Asia

For the third consecutive year, the Asian alumina market recorded growth in sales value, which increased by X% to $X in 2019. The total consumption indicated pronounced 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 2015 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2019 and is likely to see gradual growth in the near future.

Alumina Production in Asia

In value terms, alumina production soared to $X in 2019 estimated in export prices. Overall, production enjoyed a resilient expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Production By Country in Asia

The countries with the highest volumes of alumina production in 2019 were Kazakhstan (X tons), India (X tons) and Indonesia (X tons), with a combined X% share of total production. These countries were followed by Vietnam, which accounted for a further X 2007 to 2019, the biggest increases were in Vietnam, while alumina production for the other leaders experienced more modest paces of growth.

Alumina Exports

Exports in Asia

In 2019, approx. X tons of alumina were exported in Asia; rising by X% compared with 2018. Total exports indicated a measured increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The volume of export peaked in 2019 and is likely to see steady growth in the immediate term.

In value terms, alumina exports soared to $X in 2019. Over the period under review, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum in 2019 and are likely to continue growth in the immediate term.

Exports by Country

In 2019, India (X tons) represented the largest exporter of alumina, creating X% of total exports. Kazakhstan (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%) and Indonesia (X%). The following exporters - Japan (X tons) and China (X tons) - each recorded a X% share of total exports.

From 2007 to 2019, the biggest increases were in Indonesia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Vietnam ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

In terms of the main exporting countries, Indonesia (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The alumina export price in Asia stood at $X per ton in 2019, increasing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The level of export peaked in 2019 and is likely to continue growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Alumina Imports

Imports in Asia

In 2019, alumina imports in Asia contracted to X tons, shrinking by -X% against 2018 figures. Total imports indicated a mild expansion from 2007 to 2019: its volume 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, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2019, imports remained at a lower figure.

In value terms, alumina imports declined to $X in 2019. Total imports indicated notable 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, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The level of import peaked at $X in 2018, and then contracted in the following year.

Imports by Country

The purchases of the five major importers of alumina, namely China, India, Bahrain, Qatar and the United Arab Emirates, represented more than two-thirds of total import. It was distantly followed by Oman (X tons), achieving a X% share of total imports. Iran (X tons) occupied a minor share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Qatar, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina importing markets in Asia were China ($X), India ($X) and Bahrain ($X), together accounting for X% of total imports. These countries were followed by the United Arab Emirates, Qatar, Oman and Iran, which together accounted for a further X saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the alumina import price in Asia amounted to $X per ton, approximately reflecting the previous year. Over the last twelve years, 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 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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