Northern America: Alumina Market 2020

Alumina Market Size in Northern America

In 2019, after four years of growth, there was significant decline in the North American alumina market, when its value decreased by -X% to $X. In general, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2018, and then fell in the following year.

Alumina Production in Northern America

In value terms, alumina production fell dramatically to $X in 2016 estimated in export prices. Overall, production, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2015, and then shrank remarkably in the following year.

Production By Country in Northern America

The U.S. (X tons) constituted the country with the largest volume of alumina production, comprising approx. X% of total volume.

In the U.S., alumina production expanded at an average annual rate of +X% over the period from 2010-2016.

Alumina Exports

Exports in Northern America

In 2019, approx. X tons of alumina were exported in Northern America; falling by -X% compared with the previous year. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

In value terms, alumina exports declined modestly to $X in 2019. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

The shipments of the one major exporters of alumina, namely the U.S., represented more than two-thirds of total export.

The U.S. was also the fastest-growing in terms of the alumina exports, with a CAGR of -X% from 2007 to 2019. The U.S. (-X p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest alumina supplier in Northern America.

In the U.S., alumina exports plunged by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

In 2019, the alumina export price in Northern America amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2017 when the export price increased by X% y-o-y. Over the period under review, export prices reached the peak figure in 2019 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Alumina Imports

Imports in Northern America

In 2019, alumina imports in Northern America rose slightly to X tons, increasing by X% compared with the previous year. Overall, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2009 to 2019, the growth imports remained at a lower figure.

In value terms, alumina imports fell sharply to $X in 2019. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. The level of import peaked at $X in 2018, and then declined notably in the following year.

Imports by Country

Canada (X tons) represented roughly X% of total imports of alumina in 2019.

Canada experienced a relatively flat trend pattern with regard to volume of imports of alumina. From 2007 to 2019, the share of Canada decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported alumina in Northern America.

In Canada, alumina imports remained relatively stable over the period from 2007-2019.

Import Prices by Country

The alumina import price in Northern America stood at $X per ton in 2019, falling by -X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. As a result, import price reached the peak level of $X per ton, and then contracted markedly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2007 to 2019, the rate of growth in terms of prices for Canada amounted to +X% per year.

Source: IndexBox Platform

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