Philippines: Alumina Market 2020

Alumina Market Size in the Philippines

The revenue of the alumina market in the Philippines amounted to $X in 2018, growing 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). In general, the total market indicated a measured expansion from 2007 to 2018: its value increased 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 consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, the alumina market reached its peak level and is likely to continue its growth in the immediate term.

Alumina Exports

Exports from the Philippines

Alumina exports from the Philippines totaled X tons in 2018, waning by -X% against the previous year. Over the period under review, alumina exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, alumina exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, alumina exports totaled $X in 2018. Over the period under review, alumina exports continue to indicate an abrupt deduction. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. In that year, alumina exports reached their peak of $X. From 2014 to 2018, the growth of alumina exports remained at a somewhat lower figure.

Exports by Country

India (X tons) was the main destination for alumina exports from the Philippines, with a X% share of total exports. Moreover, alumina exports to India exceeded the volume sent to the second major destination, the U.S. (X kg), fourfold. Palau (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for alumina exported from the Philippines were India ($X), the U.S. ($X) and Palau ($X), together comprising X% of total exports.

Palau recorded 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, increasing by X% against the previous year. Over the period under review, the alumina export price continues to indicate a strong expansion. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for alumina reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Palau ($X per ton), while the average price for exports to India ($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 the Philippines

Alumina imports into the Philippines stood at X tons in 2018, picking up by X% against the previous year. Over the period under review, alumina imports continue to indicate a modest increase. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, alumina imports reached their peak figure at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, alumina imports amounted to $X in 2018. In general, alumina imports continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tons), China (X tons) and the U.S. (X tons) were the main suppliers of alumina imports to the Philippines, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Japan, while the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to the Philippines were Japan ($X), China ($X) and the U.S. ($X), together accounting for X% of total imports.

Among the main suppliers, China recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average alumina import price amounted to $X per ton, coming down by -X% against the previous year. In general, the alumina import price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% year-to-year. In that year, the average import prices for alumina reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the average import prices for alumina remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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