Eastern Europe: Alumina Market 2020

Alumina Market Size in Eastern Europe

The East European alumina market fell to $X in 2019, shrinking by -X% against the previous year. Over the period under review, consumption continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The level of consumption peaked at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Alumina Production in Eastern Europe

In value terms, alumina production dropped to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Production By Country in Eastern Europe

The country with the largest volume of alumina production was Ukraine (X tons), accounting for X% of total volume. It was followed by Romania (X tons), with a X% share of total production.

In Ukraine, alumina production remained relatively stable over the period from 2007-2019.

Alumina Exports

Exports in Eastern Europe

In 2019, overseas shipments of alumina increased by X% to X tons, rising for the third consecutive year after five years of decline. Over the period under review, exports, however, continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, alumina exports reduced to $X in 2019. Overall, exports, however, showed a slight decline. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Ukraine prevails in alumina exports structure, resulting at X tons, which was approx. X% of total exports in 2019. It was distantly followed by Russia (X tons), creating a X% share of total exports. The following exporters - Romania (X tons) and Hungary (X tons) - each finished at a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to alumina exports from Ukraine stood at +X%. At the same time, Romania (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +X% from 2007-2019. By contrast, Hungary (-X%) and Russia (-X%) illustrated a downward trend over the same period. While the share of Ukraine (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of Hungary (-X p.p.) and Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) remains the largest alumina supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Ukraine was relatively modest. In the other countries, the average annual rates were as follows: Russia (-X% per year) and Hungary (-X% per year).

Export Prices by Country

The alumina export price in Eastern Europe stood at $X per ton in 2019, almost unchanged from the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Alumina Imports

Imports in Eastern Europe

In 2019, overseas purchases of alumina decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. The volume of import peaked at X tons in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, alumina imports contracted to $X in 2019. In general, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. The level of import peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Russia dominates alumina imports structure, finishing at X tons, which was approx. X% of total imports in 2019. It was distantly followed by Slovakia (X tons), creating a X% share of total imports. The following importers - Hungary (X tons) and Poland (X tons) - each resulted at a X% share of total imports.

Imports into Russia decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Hungary (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +X% from 2007-2019. Slovakia experienced a relatively flat trend pattern. By contrast, Poland (-X%) illustrated a downward trend over the same period. While the share of Hungary (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Poland (-X p.p.) and Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported alumina in Eastern Europe, comprising X% of total imports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Russia totaled -X%. In the other countries, the average annual rates were as follows: Slovakia (+X% per year) and Poland (-X% per year).

Import Prices by Country

In 2019, the alumina import price in Eastern Europe amounted to $X per ton, reducing by -X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The level of import peaked at $X per ton in 2008; however, from 2009 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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