India: Aluminium Hydroxide Market 2025

Aluminium Hydroxide Market Size in India

The Indian aluminium hydroxide market shrank to $X in 2022, with a decrease of -2.3% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Aluminium Hydroxide Production in India

In value terms, aluminium hydroxide production fell modestly to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +4.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 20%. Aluminium hydroxide production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Aluminium Hydroxide Exports

Exports from India

Aluminium hydroxide exports from India reduced to X tons in 2022, dropping by -11.4% on the previous year's figure. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by 27%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, aluminium hydroxide exports skyrocketed to $X in 2022. Overall, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by 26% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), Malaysia (X tons) and Taiwan (Chinese) (X tons) were the main destinations of aluminium hydroxide exports from India, with a combined 45% share of total exports. The Philippines, Thailand, Bangladesh, Indonesia, Pakistan, South Korea and Kenya lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +9.8%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for aluminium hydroxide exported from India were Saudi Arabia ($X), Malaysia ($X) and Bangladesh ($X), together comprising 35% of total exports.

Among the main countries of destination, Bangladesh, with a CAGR of +10.5%, recorded the highest rates of growth with regard to 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

The average aluminium hydroxide export price stood at $X per ton in 2022, increasing by 35% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while the average price for exports to Indonesia ($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 Pakistan (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium Hydroxide Imports

Imports into India

In 2022, aluminium hydroxide imports into India soared to X tons, growing by 17% compared with 2021 figures. Over the period under review, imports showed prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by 155%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, aluminium hydroxide imports surged to $X in 2022. Overall, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of aluminium hydroxide imports to India, together accounting for 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +77.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and Germany ($X) were the largest aluminium hydroxide suppliers to India, with a combined 78% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +85.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium hydroxide import price stood at $X per ton in 2022, surging by 5.8% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 94% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :