India: Non-Alloy Aluminium Bar Market 2025

Non-Alloy Aluminium Bar Market Size in India

The Indian non-alloy aluminium bar market expanded significantly to $X in 2021, rising by 7% against the previous year. Over the period under review, consumption, however, continues to indicate a slight contraction. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Non-Alloy Aluminium Bar Production in India

In value terms, non-alloy aluminium bar production rose notably to $X in 2021 estimated in export price. Overall, production, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Non-Alloy Aluminium Bar Exports

Exports from India

In 2021, the amount of non-alloy aluminium bars, rods and profiles exported from India shrank rapidly to X tons, waning by -20.2% against 2020. Over the period under review, exports showed a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by 131% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-alloy aluminium bar exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 82%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Nepal (X tons) and Germany (X tons) were the main destinations of non-alloy aluminium bar exports from India, together accounting for 56% of total exports. The United States, Peru, the United Arab Emirates, Colombia, Bhutan, Australia, the UK, Myanmar and Bangladesh lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +67.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) emerged as the key foreign market for non-alloy aluminium bars, rods and profiles exports from India, comprising 31% of total exports. The second position in the ranking was taken by Nepal ($X), with a 15% share of total exports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +14.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (-6.1% per year) and the United States (-6.6% per year).

Export Prices by Country

In 2021, the average non-alloy aluminium bar export price amounted to $X per ton, surging by 67% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. 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 export markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Alloy Aluminium Bar Imports

Imports into India

In 2021, after two years of decline, there was significant growth in supplies from abroad of non-alloy aluminium bars, rods and profiles, when their volume increased by 7.8% to X tons. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 when imports increased by 17%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, non-alloy aluminium bar imports skyrocketed to $X in 2021. In general, imports, however, showed a perceptible slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest non-alloy aluminium bar supplier to India, with a 84% share of total imports. Moreover, non-alloy aluminium bar imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+155.6% per year) and the United Arab Emirates (-13.8% per year).

In value terms, China ($X) constituted the largest supplier of non-alloy aluminium bars, rods and profiles to India, comprising 81% of total imports. The second position in the ranking was held by Spain ($X), with a 5.9% share of total imports. It was followed by the United Arab Emirates, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+150.2% per year) and the United Arab Emirates (-12.4% per year).

Import Prices by Country

In 2021, the average non-alloy aluminium bar import price amounted to $X per ton, rising by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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