China: Non-Alloy Aluminium Bar Market 2025

Non-Alloy Aluminium Bar Market Size in China

The Chinese non-alloy aluminium bar market shrank to $X in 2021, reducing by -4% against the previous year. Over the period under review, consumption, however, showed a deep setback. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Non-Alloy Aluminium Bar Production in China

In value terms, non-alloy aluminium bar production contracted to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the production volume increased by 15% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Non-Alloy Aluminium Bar Exports

Exports from China

In 2021, approx. X tons of non-alloy aluminium bars, rods and profiles were exported from China; growing by 63% against 2020. Overall, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by 199% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, non-alloy aluminium bar exports surged to $X in 2021. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 253%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for non-alloy aluminium bar exports from China, with a 41% share of total exports. Moreover, non-alloy aluminium bar exports to the United Arab Emirates exceeded the volume sent to the second major destination, Myanmar (X tons), fivefold. Vietnam (X tons) ranked third in terms of total exports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +32.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (-3.5% per year) and Vietnam (+165.5% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for non-alloy aluminium bars, rods and profiles exports from China, comprising 23% of total exports. The second position in the ranking was held by Vietnam ($X), with a 9.5% share of total exports. It was followed by Djibouti, with a 9% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +28.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+161.1% per year) and Djibouti (+142.0% per year).

Export Prices by Country

The average non-alloy aluminium bar export price stood at $X per ton in 2021, jumping by 17% against the previous year. Over the period under review, the export price, however, saw a slight setback. The pace of growth appeared the most rapid in 2015 an increase of 23% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Aluminium Bar Imports

Imports into China

In 2021, approx. X tons of non-alloy aluminium bars, rods and profiles were imported into China; with a decrease of -57.1% against 2020 figures. Over the period under review, imports saw a precipitous setback. The growth pace was the most rapid in 2014 when imports increased by 12% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-alloy aluminium bar imports declined markedly to $X in 2021. Overall, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2014 with an increase of 7.7%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of non-alloy aluminium bar to China, accounting for a 70% share of total imports. Moreover, non-alloy aluminium bar imports from South Korea exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Korea stood at -21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+10.6% per year) and Germany (-36.2% per year).

In value terms, South Korea ($X) constituted the largest supplier of non-alloy aluminium bars, rods and profiles to China, comprising 40% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Korea totaled -20.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-29.9% per year) and the UK (+12.7% per year).

Import Prices by Country

In 2021, the average non-alloy aluminium bar import price amounted to $X per ton, jumping by 42% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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