Turkey: Alumina Market 2020

Alumina Market Size in Turkey

The revenue of the alumina market in Turkey amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, alumina consumption, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the alumina market attained its maximum level in 2018 and is likely to continue its growth in the immediate term.

Alumina Production in Turkey

In value terms, alumina production totaled $X in 2018 estimated in export prices. Over the period under review, alumina production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Alumina production peaked in 2018 and is expected to retain its growth in the immediate term.

Alumina Exports

Exports from Turkey

In 2018, the amount of alumina exported from Turkey totaled X tons, remaining stable against the previous year. Overall, alumina exports, however, continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, alumina exports reached their peak figure at X tons in 2007; however, from 2008 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 an abrupt slump. 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 reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Egypt (X tons) and Libya (X tons) were the main destinations of alumina exports from Turkey, together accounting for X% of total exports. Saudi Arabia, Hungary, Italy and Russia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for alumina exported from Turkey were Egypt ($X), Japan ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

Saudi Arabia experienced 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

In 2018, the average alumina export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the alumina export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for alumina attained their maximum in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Egypt ($X per ton), while the average price for exports to Libya ($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 Egypt, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Turkey

In 2018, the imports of alumina into Turkey totaled X tons, dropping by -X% against the previous year. In general, alumina imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at X tons in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, alumina imports amounted to $X in 2018. Over the period under review, the total imports indicated a resilient expansion from 2007 to 2018: its value 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 imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Over the period under review, alumina imports attained their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

Germany (X tons), Slovenia (X tons) and France (X tons) were the main suppliers of alumina imports to Turkey, with a combined X% share of total imports. These countries were followed by Spain, Bosnia and Herzegovina, China and the Netherlands, which together accounted for a further X 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 more modest paces of growth.

In value terms, Germany ($X), Slovenia ($X) and France ($X) constituted the largest alumina suppliers to Turkey, with a combined X% share of total imports. These countries were followed by China, Spain, Bosnia and Herzegovina and the Netherlands, which together accounted for a further X the main suppliers, Bosnia and Herzegovina experienced the highest rates of growth with regard to 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, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. In that year, the average import prices for alumina attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the average import prices for alumina remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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