Germany: Alumina Market 2024

Alumina Market Size in Germany

The German alumina market contracted to $X in 2022, reducing by -12.2% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Alumina consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Alumina Production in Germany

In value terms, alumina production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the production volume increased by 31%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Alumina Exports

Exports from Germany

In 2022, the amount of alumina exported from Germany contracted remarkably to X tons, which is down by -15.2% compared with the previous year. Overall, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 33%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, alumina exports amounted to $X in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 16%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of alumina exports from Germany, together accounting for 36% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +15.1%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), France ($X) and the United States ($X) appeared to be the largest markets for alumina exported from Germany worldwide, with a combined 40% share of total exports. These countries were followed by Italy, Poland, Hungary, Japan, India, Spain, the Netherlands, the UK, Turkey and Switzerland, which together accounted for a further 39%.

In terms of the main countries of destination, Poland, with a CAGR of +8.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average alumina export price amounted to $X per ton, growing by 28% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alumina export price increased by +62.9% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Germany

In 2022, approx. X tons of alumina were imported into Germany; waning by -19.5% against 2021. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 71% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, alumina imports expanded to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 50%. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest alumina supplier to Germany, accounting for a 86% share of total imports. Moreover, alumina imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), more than tenfold. France (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovenia (+2.4% per year) and France (-7.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of alumina to Germany, comprising 66% of total imports. The second position in the ranking was held by France ($X), with a 7.1% share of total imports. It was followed by Slovenia, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.5% per year) and Slovenia (+4.2% per year).

Import Prices by Country

In 2022, the average alumina import price amounted to $X per ton, rising by 27% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alumina import price increased by +62.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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