Mexico: Alumina Market 2020

Alumina Market Size in Mexico

The revenue of the alumina market in Mexico amounted to $X in 2018, approximately reflecting 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). Over the period under review, the total market indicated a moderate expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina consumption increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2012 when the market value increased by X% year-to-year. In that year, the alumina market reached its peak level of $X. From 2013 to 2018, the growth of the alumina market remained at a lower figure.

Alumina Exports

Exports from Mexico

In 2018, the amount of alumina exported from Mexico totaled X tons, going up by X% against the previous year. Over the period under review, alumina exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. In that year, alumina exports attained their peak of X tons. From 2011 to 2018, the growth of alumina exports remained at a somewhat lower figure.

In value terms, alumina exports totaled $X in 2018. Over the period under review, alumina exports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Over the period under review, alumina exports reached their maximum at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Venezuela (X tons), the U.S. (X tons) and Honduras (X tons) were the main destinations of alumina exports from Mexico, together comprising X% of total exports. Guatemala, Cuba, Uruguay and Spain lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Venezuela ($X) and Cuba ($X) constituted the largest markets for alumina exported from Mexico worldwide, with a combined X% share of total exports. Guatemala, Uruguay, Honduras and Spain lagged somewhat behind, together accounting for a further X (+X% per year) experienced the highest growth rate of exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alumina export price stood at $X per ton in 2018, jumping by X% against the previous year. Over the period under review, the alumina export price continues to indicate a resilient increase. The growth pace was the most rapid in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cuba ($X per ton), while the average price for exports to Honduras ($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 the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Mexico

In 2018, approx. X tons of alumina were imported into Mexico; dropping by -X% against the previous year. In general, alumina imports continue to indicate a slight drop. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. In that year, alumina imports attained their peak of X tons. From 2013 to 2018, the growth of alumina imports remained at a somewhat lower figure.

In value terms, alumina imports stood at $X in 2018. Over the period under review, the total imports indicated a strong increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, alumina imports attained their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X tons) constituted the largest supplier of alumina to Mexico, accounting for a X% share of total imports. Moreover, alumina imports from the U.S. exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the U.S. amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Germany (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of alumina to Mexico, comprising X% of total alumina imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Brazil (+X% per year).

Import Prices by Country

In 2018, the average alumina import price amounted to $X per ton, growing by X% against the previous year. In general, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina import price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the near future.

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

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

Source: IndexBox Platform

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