Finland: Alumina Market 2020

Alumina Market Size in Finland

The revenue of the alumina market in Finland amounted to $X in 2018, shrinking 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). In general, the total market indicated a significant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Over the period under review, the alumina market attained its maximum level at $X in 2017, and then declined slightly in the following year.

Alumina Exports

Exports from Finland

In 2018, the amount of alumina exported from Finland stood at X tons, shrinking by -X% against the previous year. In general, alumina exports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, alumina exports totaled $X in 2018. Over the period under review, alumina exports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. In that year, alumina exports attained their peak of $X, and then declined slightly in the following year.

Exports by Country

South Korea (X tons) was the main destination for alumina exports from Finland, accounting for a X% share of total exports. Moreover, alumina exports to South Korea exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. India (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to South Korea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and India (+X% per year).

In value terms, India ($X), South Korea ($X) and Russia ($X) appeared to be the largest markets for alumina exported from Finland worldwide, with a combined X% share of total exports.

India experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2018, the average alumina export price amounted to $X per ton, picking up by X% against the previous year. Overall, the alumina export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for alumina reached their maximum in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was India ($X per ton), while the average price for exports to South Korea ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Finland

In 2018, the imports of alumina into Finland totaled X tons, falling by -X% against the previous year. Over the period under review, alumina imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Over the period under review, alumina imports attained their peak figure at X tons in 2017, and then declined slightly in the following year.

In value terms, alumina imports stood at $X in 2018. Overall, the total imports indicated notable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

Germany (X tons), Russia (X tons) and the Netherlands (X tons) were the main suppliers of alumina imports to Finland, together accounting for 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 Russia, while the other leaders experienced more modest paces of growth.

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

In terms of the main suppliers, Russia experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average alumina import price amounted to $X per ton, lowering by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for alumina reached their maximum at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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