Asia-Pacific: Alumina Market 2022

Alumina Market Size in Asia-Pacific

The Asia-Pacific alumina market stood at $X in 2021, with an increase of X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value 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, consumption increased by +X% against 2018 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Alumina Production in Asia-Pacific

In value terms, alumina production declined slightly to $X in 2021 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2021: its value 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, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Alumina Exports

Exports in Asia-Pacific

In 2021, overseas shipments of alumina decreased by -X% to X tons, falling for the third consecutive year after three years of growth. In general, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, alumina exports contracted markedly to $X in 2021. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of alumina, namely Australia, India and Indonesia, represented more than two-thirds of total export. It was distantly followed by Vietnam (X tons), achieving an X% share of total exports. The following exporters - China (X tons) and Japan (X tons) - together made up X% of total exports.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina supplying countries in Asia-Pacific were Australia ($X), India ($X) and Indonesia ($X), together accounting for X% of total exports.

Indonesia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2021, surging by X% against the previous year. Export price indicated resilient growth from 2012 to 2021: its price 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. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Alumina Imports

Imports in Asia-Pacific

In 2021, supplies from abroad of alumina increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports 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, imports increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, alumina imports skyrocketed to $X in 2021. Total imports indicated a measured expansion 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 increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons), India (X tons) and Malaysia (X tons) was the main importer of alumina in Asia-Pacific, making up X% of total import. It was distantly followed by New Zealand (X tons), achieving a X% share of total imports. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Malaysia (with a CAGR of +X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X), India ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for X% of total imports.

Malaysia, with a CAGR of +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

The import price in Asia-Pacific stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Indonesia ($X per ton) and India ($X per ton), while New Zealand ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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