Saudi Arabia: Alumina Market 2020

Alumina Market Size in Saudi Arabia

The revenue of the alumina market in Saudi Arabia amounted to $X in 2018, surging by X% against the previous year. In general, alumina consumption continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. In that year, the alumina market attained its peak level of $X. From 2017 to 2018, the growth of the alumina market remained at a somewhat lower figure.

Alumina Production in Saudi Arabia

In value terms, alumina production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a resilient increase 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 production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, alumina production attained its peak level and is likely to continue its growth in the immediate term.

Alumina Exports

Exports from Saudi Arabia

Alumina exports from Saudi Arabia amounted to X tons in 2018, going up by X% against the previous year. In general, alumina exports continue to indicate outstanding growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X tons in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

In value terms, alumina exports stood at $X in 2018. Over the period under review, alumina exports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

The United Arab Emirates (X tons) was the main destination for alumina exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, alumina exports to the United Arab Emirates exceeded the volume sent to the second major destination, Bahrain (X tons), twofold.

From 2007 to 2018, the average annual growth rate of volume to the United Arab Emirates amounted to +X%.

In value terms, the largest markets for alumina exported from Saudi Arabia were the United Arab Emirates ($X) and Bahrain ($X), together comprising X% of total exports.

In terms of the main countries of destination, Bahrain (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven years.

Export Prices by Country

In 2018, the average alumina export price amounted to $X per ton, declining by -X% against the previous year. Overall, the alumina export price continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% against the previous year. In that year, the average export prices for alumina reached their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average export prices for alumina remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bahrain ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain.

Alumina Imports

Imports into Saudi Arabia

In 2018, the amount of alumina imported into Saudi Arabia totaled X tons, surging by X% against the previous year. Overall, alumina imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. In that year, alumina imports reached their peak and are likely to continue its growth in the immediate term.

In value terms, alumina imports amounted to $X in 2018. Over the period under review, alumina imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. In that year, alumina imports attained their peak of $X. From 2017 to 2018, the growth of alumina imports remained at a somewhat lower figure.

Imports by Country

In 2018, China (X tons) constituted the largest supplier of alumina to Saudi Arabia, with a X% share of total imports. Moreover, alumina imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. India (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and India (-X% per year).

In value terms, the largest alumina suppliers to Saudi Arabia were France ($X), China ($X) and Russia ($X), together comprising X% of total imports.

Among the main suppliers, China (+X% per year) recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alumina import price stood at $X per ton in 2018, jumping by X% against the previous year. Over the period under review, the alumina import price continues to indicate buoyant growth. The growth pace was the most rapid in 2016 an increase of X% against the previous year. In that year, the average import prices for alumina attained their peak level of $X per ton. From 2017 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 Russia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :