Report Update Nov 1, 2024

Bangladesh - Alumina - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Alumina Market 2024

Alumina Market Size in Bangladesh

In 2022, the Bangladeshi alumina market decreased by -15.3% to $X for the first time since 2014, thus ending a seven-year rising trend. In general, consumption, however, posted significant growth. Alumina consumption peaked at $X in 2021, and then shrank notably in the following year.

Alumina Exports

Exports from Bangladesh

In 2014, the amount of alumina exported from Bangladesh stood at X tons, flattening at the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2014 and are likely to continue growth in the near future.

In value terms, alumina exports stood at $X in 2014. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2014 and are expected to retain growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for alumina exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2014 to 2014, the average annual growth rate of volume to Saudi Arabia was relatively modest.

From 2014 to 2014, the average annual growth rate of value to Saudi Arabia was relatively modest.

Alumina Imports

Imports into Bangladesh

After four years of growth, supplies from abroad of alumina decreased by -12.2% to X tons in 2022. Overall, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 55%. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, alumina imports shrank markedly to $X in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 83% against the previous year. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

India (X tons), France (X tons) and China (X tons) were the main suppliers of alumina imports to Bangladesh, with a combined 68% share of total imports. These countries were followed by the United States, Taiwan (Chinese), Spain and Germany, which together accounted for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +37.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and India ($X) appeared to be the largest alumina suppliers to Bangladesh, with a combined 75% share of total imports. These countries were followed by France, Taiwan (Chinese), Germany and Spain, which together accounted for a further 23%.

Taiwan (Chinese), with a CAGR of +35.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average alumina import price amounted to $X per ton, reducing by -4.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2021 an increase of 33% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

The country with the largest volume of alumina consumption was China, accounting for 52% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, Australia, fourfold. Russia ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of alumina in the world?

China remains the largest alumina producing country worldwide, accounting for 54% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia, fourfold. Brazil ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of alumina to Bangladesh?

In value terms, the United States, France and India appeared to be the largest alumina suppliers to Bangladesh, with a combined 68% share of total imports.

What is the average export price for alumina in Bangladesh?

The average alumina export price stood at $352 per ton in 2014, approximately reflecting the previous year.

What is the average import price for alumina in Bangladesh?

In 2020, the average alumina import price amounted to $863 per ton, declining by -4.8% against the previous year.

This report provides an in-depth analysis of the alumina market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24421200 - Aluminium oxide (excluding artificial corundum)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023