Norway: Alumina Market 2020

Alumina Market Size in Norway

The revenue of the alumina market in Norway amounted to $X in 2018, rising by X% against 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, alumina consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, the alumina market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Alumina Exports

Exports from Norway

In 2018, the alumina exports from Norway stood at X tons, picking up by X% against the previous year. Overall, alumina exports, however, continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, alumina exports attained their peak figure at X tons in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, alumina exports amounted to $X in 2018. Overall, alumina exports, however, continue to indicate a measured reduction. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, alumina exports reached their peak figure at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for alumina exports from Norway, accounting for a X% share of total exports. Moreover, alumina exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), twofold. India (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and India (+X% per year).

In value terms, China ($X), Germany ($X) and Sweden ($X) appeared to be the largest markets for alumina exported from Norway worldwide, with a combined X% share of total exports. These countries were followed by India, the Netherlands, Canada and Australia, which together accounted for a further X terms of the main countries of destination, India recorded the highest rates of growth with regard to exports, over the last eleven years, 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, increasing by X% against the previous year. Over the period under review, the export price indicated a buoyant expansion 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 export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for alumina reached their maximum in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per ton), while the average price for exports to Canada ($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 India, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Norway

In 2018, the imports of alumina into Norway stood at X tons, going up by X% against the previous year. Over the period under review, alumina imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, alumina imports reached their peak of X tons. From 2009 to 2018, the growth of alumina imports remained at a lower figure.

In value terms, alumina imports amounted to $X in 2018. In general, the total imports indicated mild growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. 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 pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

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

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

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

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Jamaica (+X% per year) and the U.S. (+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. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the average import prices for alumina attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Jamaica ($X per ton), while the price for Suriname ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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