Colombia: Alumina Market 2020

Alumina Market Size in Colombia

The revenue of the alumina market in Colombia amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. In that year, the alumina market attained its peak level of $X. From 2011 to 2018, the growth of the alumina market remained at a lower figure.

Alumina Exports

Exports from Colombia

In 2018, the exports of alumina from Colombia totaled X tons, falling by -X% against the previous year. In general, alumina exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% y-o-y. Over the period under review, alumina exports attained their peak figure at X tons in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, alumina exports totaled $X in 2018. In general, alumina exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, alumina exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

India (X tons), Russia (X tons) and Ecuador (X tons) were the main destinations of alumina exports from Colombia, with a combined X% share of total exports. These countries were followed by Brazil, which accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, India ($X), Russia ($X) and Ecuador ($X) were the largest markets for alumina exported from Colombia worldwide, with a combined X% share of total exports. Brazil lagged somewhat behind, accounting for a further X (+X% per year) experienced the highest growth rate of exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alumina export price stood at $X per ton in 2018, dropping by -X% against the previous year. Over the period under review, the alumina export price, however, continues to indicate a notable increase. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. In that year, the average export prices for alumina reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for alumina remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per ton), while the average price for exports to Russia ($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 Ecuador, while the prices for the other major destinations experienced mixed trend patterns.

Alumina Imports

Imports into Colombia

Alumina imports into Colombia stood at X tons in 2018, increasing by X% against the previous year. Over the period under review, alumina imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, alumina imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. In that year, alumina imports attained their peak of $X. From 2011 to 2018, the growth of alumina imports remained at a lower figure.

Imports by Country

Germany (X tons), Brazil (X tons) and France (X tons) were the main suppliers of alumina imports to Colombia, together comprising X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Brazil, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Brazil ($X) and the U.S. ($X) were the largest alumina suppliers to Colombia, with a combined X% share of total imports.

Among the main suppliers, Brazil recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alumina import price stood at $X per ton in 2018, falling by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% year-to-year. In that year, the average import prices for alumina attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the average import prices for alumina remained at a 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. ($X per ton), while the price for Brazil ($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 more modest paces of growth.

Source: IndexBox Platform

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