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Report World - Bauxite - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Bauxite - Market Analysis, Forecast, Size, Trends and Insights

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Global Bauxite Market 2024

Bauxite Market Size

The global bauxite market rose notably to $X in 2022, with an increase of 9.4% against the previous year. The market value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bauxite Production

In value terms, bauxite production contracted modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +9.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 118% against the previous year. Over the period under review, global production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Bauxite Exports

Exports

Global bauxite exports skyrocketed to X tons in 2022, jumping by 17% compared with 2021. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2013 when exports increased by 50% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, bauxite exports rose sharply to $X in 2022. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by 64%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Guinea (X tons) represented the key exporter of bauxite, constituting 47% of total exports. Indonesia (X tons) took the second position in the ranking, followed by Australia (X tons). All these countries together took approx. 45% share of total exports. The following exporters - Brazil (X tons) and Jamaica (X tons) - each amounted to a 3.9% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Guinea (with a CAGR of +16.8%), while the other global leaders experienced more modest paces of growth.

In value terms, Guinea ($X) remains the largest bauxite supplier worldwide, comprising 57% of global exports. The second position in the ranking was taken by Indonesia ($X), with a 21% share of global exports. It was followed by Australia, with an 11% share.

In Guinea, bauxite exports increased at an average annual rate of +16.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Indonesia (+8.9% per year) and Australia (+10.2% per year).

Export Prices by Country

The average bauxite export price stood at $X per ton in 2022, which is down by -5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Guinea ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.3%), while the other global leaders experienced mixed trends in the export price figures.

Bauxite Imports

Imports

In 2022, approx. X tons of bauxite were imported worldwide; with an increase of 12% against the previous year. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 39% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, bauxite imports skyrocketed to $X in 2022. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 42% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China prevails in imports structure, reaching X tons, which was near 83% of total imports in 2022. The following importers - Ireland (X tons), Spain (X tons), the United States (X tons), Canada (X tons), India (X tons) and Germany (X tons) - together made up 14% of total imports.

From 2012 to 2022, average annual rates of growth with regard to bauxite imports into China stood at +12.2%. At the same time, India (+46.3%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +46.3% from 2012-2022. Spain, Ireland, Canada and Germany experienced a relatively flat trend pattern. By contrast, the United States (-10.8%) illustrated a downward trend over the same period. China (+31 p.p.) and India (+2.2 p.p.) significantly strengthened its position in terms of the global imports, while Germany, Spain, Canada, Ireland and the United States saw its share reduced by -1.9%, -2.2%, -2.5%, -2.6% and -13.2% from 2012 to 2022, respectively.

In value terms, China ($X) constitutes the largest market for imported bauxite worldwide, comprising 80% of global imports. The second position in the ranking was held by India ($X), with a 3.1% share of global imports. It was followed by Spain, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +14.6%. The remaining importing countries recorded the following average annual rates of imports growth: India (+24.9% per year) and Spain (+2.5% per year).

Import Prices by Country

The average bauxite import price stood at $X per ton in 2022, jumping by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of bauxite consumption was China, comprising approx. 48% of total volume. Moreover, bauxite consumption in China exceeded the figures recorded by the second-largest consumer, Australia, twofold. Brazil ranked third in terms of total consumption with a 7.7% share.
The countries with the highest volumes of in 2021 were Australia, Guinea and China, with a combined 68% share of global production.
In value terms, Guinea remains the largest bauxite supplier worldwide, comprising 60% of global exports. The second position in the ranking was occupied by Australia, with a 17% share of global exports. It was followed by Indonesia, with an 11% share.
In value terms, China constitutes the largest market for imported bauxite worldwide, comprising 72% of global imports. The second position in the ranking was occupied by India, with a 3.5% share of global imports. It was followed by Ukraine, with a 3.3% share.
In 2021, the average bauxite export price amounted to $41 per ton, growing by 4% against the previous year.
In 2021, the average bauxite import price amounted to $50 per ton, increasing by 6.7% against the previous year.

This report provides an in-depth analysis of the global bauxite market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 07291300 - Aluminium ores and concentrates

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Alcoa Corporation, Rio Tinto, Aluminum Corporation China Limited (CHALCO), Norsk Hydro ASA, South32, Rusal, NALCO India, Hindalco Industries ltd, Emirates Global Aluminium PJSC, Glencore Plc, Mitsubishi Development Pty Ltd, Sundance Resources Ltd, Gujarat Mineral Development Corporation Ltd, PT ANTAM (Persero) Tbk, Vale S.A., Sojitz Alumina Pty Ltd, Anglo African Minerals PLC, Canyon Resources Ltd, ITOK Group, Dynamic Mining

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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