China: Alumina Market 2020

Alumina Market Size in China

The revenue of the alumina market in China amounted to $X in 2018, going down by -X% against the previous year. In general, alumina consumption continues to indicate a drastic decrease. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, the alumina market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Alumina Production in China

In value terms, alumina production stood at $X in 2018 estimated in export prices. Overall, alumina production continues to indicate a buoyant expansion. The growth pace was the most rapid in 2010 when production volume increased by X% year-to-year. Over the period under review, alumina production attained its maximum level in 2018 and is expected to retain its growth in the near future.

Alumina Exports

Exports from China

In 2018, the exports of alumina from China totaled X tons, growing by X% against the previous year. Overall, alumina exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, alumina exports attained their peak figure at X tons in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

In value terms, alumina exports totaled $X in 2018. Over the period under review, alumina exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, alumina exports attained their maximum at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for alumina exports from China, with a X% share of total exports. Moreover, alumina exports to India exceeded the volume sent to the second major destination, South Korea (X tons), threefold. The third position in this ranking was occupied by the U.S. (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to India amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and the U.S. (+X% per year).

In value terms, India ($X) remains the key foreign market for alumina exports from China, comprising X% of total alumina exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value to India stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average alumina export price stood at $X per ton in 2018, picking up by X% against the previous year. In general, the export price indicated resilient growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for alumina reached their maximum in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into China

Alumina imports into China amounted to X tons in 2018, reducing by -X% against the previous year. Over the period under review, alumina imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Over the period under review, alumina imports reached their peak figure at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, alumina imports amounted to $X in 2018. In general, alumina imports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, alumina imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Australia (X tons) constituted the largest supplier of alumina to China, accounting for a X% share of total imports. Moreover, alumina imports from Australia exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was occupied by Jamaica (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Australia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and Jamaica (+X% per year).

In value terms, Australia ($X) constituted the largest supplier of alumina to China, comprising X% of total alumina imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Australia totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average alumina import price stood at $X per ton in 2018, remaining relatively unchanged against the previous year. In general, the alumina import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. In that year, the average import prices for alumina reached their peak level of $X per ton. From 2012 to 2018, the growth in terms of the average import prices for alumina remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per ton), while the price for Venezuela ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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