Asia-Pacific: Alumina Market 2020

Alumina Market Size in Asia-Pacific

In 2019, the Asia-Pacific alumina market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption posted a pronounced expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in the near future.

Alumina Production in Asia-Pacific

In value terms, alumina production rose rapidly to $X in 2019 estimated in export prices. The total production indicated tangible 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, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. The level of production peaked in 2019 and is likely to see steady growth in years to come.

Production By Country in Asia-Pacific

Australia (X tons) remains the largest alumina producing country in Asia-Pacific, accounting for X% of total volume. Moreover, alumina production in Australia exceeded the figures recorded by the second-largest producer, India (X tons), more than tenfold. Indonesia (X tons) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume in Australia stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Indonesia (X% per year).

Alumina Exports

Exports in Asia-Pacific

In 2019, overseas shipments of alumina were finally on the rise to reach X tons for the first time since 2016, thus ending a two-year declining trend. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at X tons in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, alumina exports rose sharply to $X in 2019. Total exports indicated a perceptible expansion from 2007 to 2019: its value 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 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. The level of export peaked in 2019 and is likely to see steady growth in years to come.

Exports by Country

Australia dominates alumina exports structure, accounting for X tons, which was near X% of total exports in 2019. It was distantly followed by India (X tons), comprising an X% share of total exports. The following exporters - Vietnam (X tons) and Indonesia (X tons) - each reached a X% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of alumina. At the same time, Indonesia (+X%), Vietnam (+X%) and India (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of India, Vietnam and Indonesia increased by +X%, +X% and +X% percentage points, while Australia (-X p.p.) saw their share reduced.

In value terms, Australia ($X) remains the largest alumina supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2007 to 2019, the average annual growth rate of value in Australia amounted to +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

The alumina export price in Asia-Pacific stood at $X per ton in 2019, surging by X% against the previous year. Export price indicated a notable increase from 2007 to 2019: its price 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, alumina export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The level of export peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Vietnam ($X per ton), while India ($X per ton) was amongst the lowest.

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

Alumina Imports

Imports in Asia-Pacific

Alumina imports declined to X tons in 2019, dropping by -X% on 2018. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. The volume of import peaked at X tons in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, alumina imports fell remarkably to $X in 2019. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. The level of import peaked at $X in 2018, and then reduced rapidly in the following year.

Imports by Country

China (X tons) and India (X tons) were the main importers of alumina in 2019, finishing at near X% and X% of total imports, respectively. It was distantly followed by New Zealand (X tons), generating an X% share of total imports. Indonesia (X tons), South Korea (X tons) and Japan (X tons) took a minor share of total imports.

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

In value terms, China ($X), India ($X) and New Zealand ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

In terms of the main importing countries, India saw the highest growth rate of the value of imports, 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-Pacific amounted to $X per ton, which is down by -X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2018, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Indonesia ($X per ton), while New Zealand ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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