CIS: Alumina Market 2022

Alumina Market Size in CIS

In 2021, the CIS alumina market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Alumina Production in CIS

In value terms, alumina production contracted rapidly to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production attained the peak level of $X, and then dropped notably in the following year.

Alumina Exports

Exports in CIS

In 2021, shipments abroad of alumina was finally on the rise to reach X tons after four years of decline. In general, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, alumina exports amounted to $X in 2021. Overall, exports, however, continue to indicate a mild setback. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Kazakhstan dominates exports structure, resulting at X tons, which was near X% of total exports in 2021. It was distantly followed by Azerbaijan (X tons), mixing up a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the alumina exports, with a CAGR of -X% from 2012 to 2021. Azerbaijan (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Kazakhstan increased by +X percentage points. Azerbaijan (-X p.p.) saw their shares reduced.

In value terms, Kazakhstan ($X) remains the largest alumina supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a X% share of total exports.

In Kazakhstan, alumina exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Azerbaijan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+X%).

Alumina Imports

Imports in CIS

In 2021, imports of alumina in the CIS totaled X tons, picking up by X% compared with the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, alumina imports surged to $X in 2021. Total imports indicated a modest increase 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 decreased by -X% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Russia dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2021. Tajikistan (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

Russia experienced a relatively flat trend pattern with regard to volume of imports of alumina. At the same time, Azerbaijan (+X%) and Tajikistan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. Tajikistan (+X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported alumina in the CIS, comprising X% of total imports. The second position in the ranking was taken by Tajikistan ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Russia stood at +X%. In the other countries, the average annual rates were as follows: Tajikistan (+X% per year) and Azerbaijan (+X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of 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, the country with the highest price was Tajikistan ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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