EU: Alumina Market 2020

Alumina Market Size in the EU

After two years of growth, the EU alumina market decreased by -X% to $X in 2019. Overall, consumption showed a noticeable decline. The pace of growth appeared the most rapid in 2010 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 the EU

In value terms, alumina production contracted markedly to $X in 2019 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The level of production peaked at $X in 2009; however, from 2010 to 2019, production remained at a lower figure.

Production By Country in the EU

Ireland (X tons) remains the largest alumina producing country in the European Union, comprising approx. X% of total volume. Moreover, alumina production in Ireland exceeded the figures recorded by the second-largest producer, Spain (X tons), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume in Ireland was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Spain (+X% per year) and Greece (-X% per year).

Alumina Exports

Exports in the EU

For the fifth consecutive year, the European Union recorded growth in shipments abroad of alumina, which increased by X% to X tons in 2019. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. The volume of export peaked in 2019 and is expected to retain growth in the near future.

In value terms, alumina exports fell to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. The level of export peaked at $X in 2018, and then contracted in the following year.

Exports by Country

Ireland was the key exporter of alumina in the European Union, with the volume of exports resulting at X tons, which was near X% of total exports in 2019. Spain (X tons) ranks second in terms of the total exports with a X% share, followed by Germany (X%), Greece (X%) and France (X%). The following exporters - the Netherlands (X tons) and Slovenia (X tons) - each resulted at a X% share of total exports.

Ireland experienced a relatively flat trend pattern with regard to volume of exports of alumina. At the same time, Spain (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2019. By contrast, Slovenia (-X%), Greece (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Spain, Ireland and Germany increased by +X%, +X% and +X% percentage points, while Slovenia (-X p.p.), Greece (-X p.p.) and the Netherlands (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest alumina supplying countries in the European Union were Ireland ($X), Germany ($X) and Spain ($X), together accounting for X% of total exports.

Spain saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The alumina export price in the European Union stood at $X per ton in 2019, reducing by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 when the export price increased by X% y-o-y. As a result, export price attained the peak level of $X per ton, and then shrank in the following year.

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

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

Alumina Imports

Imports in the EU

In 2019, overseas purchases of alumina decreased by -X% to X tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, alumina imports shrank to $X in 2019. Overall, imports showed a mild decrease. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. The level of import peaked at $X in 2008; however, from 2009 to 2019, imports remained at a lower figure.

Imports by Country

Germany (X tons) and France (X tons) represented the major importers of alumina in 2019, amounting to approx. X% and X% of total imports, respectively. The Netherlands (X tons) ranks next in terms of the total imports with a X% share, followed by Slovakia (X%), Slovenia (X%) and Sweden (X%). The UK (X tons) held a little share of total imports.

From 2007 to 2019, the biggest increases were in Sweden, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Slovenia, Slovakia, the UK and Sweden lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The alumina import price in the European Union stood at $X per ton in 2019, with a decrease of -X% against 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 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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