Thailand: Alumina Market 2020

Alumina Market Size in Thailand

The revenue of the alumina market in Thailand amounted to $X in 2018, remaining stable 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, alumina consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. In that year, the alumina market reached its peak level of $X. From 2009 to 2018, the growth of the alumina market remained at a somewhat lower figure.

Alumina Exports

Exports from Thailand

In 2018, the alumina exports from Thailand totaled X tons, falling by -X% against the previous year. In general, alumina exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Exports peaked at X tons in 2013; however, from 2014 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, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, alumina exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

South Korea (X tons) was the main destination for alumina exports from Thailand, accounting for a X% share of total exports. Moreover, alumina exports to South Korea exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was occupied by Indonesia (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to South Korea amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and Indonesia (+X% per year).

In value terms, the largest markets for alumina exported from Thailand were Japan ($X), Indonesia ($X) and Taiwan, Chinese ($X), with a combined X% share of total exports.

Japan recorded the highest rates of growth with regard to exports, in terms of the main countries of destination 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. In general, the alumina export price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. In that year, the average export prices for alumina reached their peak level of $X per ton. From 2015 to 2018, the growth in terms of the average export prices for alumina failed to regain its momentum.

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

Alumina Imports

Imports into Thailand

In 2018, the alumina imports into Thailand stood at X tons, falling by -X% against the previous year. Overall, alumina imports continue to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, alumina imports attained their peak figure at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, alumina imports totaled $X in 2018. Over the period under review, alumina imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, alumina imports reached their peak of $X. From 2009 to 2018, the growth of alumina imports remained at a somewhat lower figure.

Imports by Country

India (X tons), France (X tons) and China (X tons) were the main suppliers of alumina imports to Thailand, 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 China, while the other leaders experienced mixed trend patterns.

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

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

Import Prices by Country

In 2018, the average alumina import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price indicated moderate growth from 2007 to 2018: its price 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. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for alumina attained their peak figure at $X per ton in 2009; however, from 2010 to 2018, import prices stood 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 Japan ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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