Report Update Nov 1, 2024

World - Alumina - Market Analysis, Forecast, Size, Trends and Insights

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Global Alumina Market 2020

Alumina Market Size

In 2019, after two years of growth, there was significant decline in the global alumina market, when its value decreased by -X% to $X. Overall, the total consumption indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X, and then declined in the following year.

Alumina Production

In value terms, alumina production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, global production reached the peak level in 2019 and is expected to retain growth in years to come.

Production By Country

Australia (X tons) constituted the country with the largest volume of alumina production, accounting for X% of total volume. Moreover, alumina production in Australia exceeded the figures recorded by the second-largest producer, Brazil (X tons), twofold. The third position in this ranking was occupied by Jamaica (X tons), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Australia stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Brazil (+X% per year) and Jamaica (+X% per year).

Alumina Exports

Exports

In 2019, shipments abroad of alumina increased by X% to X tons for the first time since 2014, thus ending a four-year declining trend. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, global exports attained the peak figure at X tons in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, alumina exports rose modestly to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Global exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Australia was the largest exporting country with an export of about X tons, which accounted for X% of total exports. Brazil (X tons) took the second position in the ranking, distantly followed by Jamaica (X tons), Ireland (X tons) and Ukraine (X tons). All these countries together occupied approx. X% share of total exports. India (X tons), Spain (X tons), Kazakhstan (X tons) and Vietnam (X tons) held a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in Vietnam, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest alumina supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Jamaica, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Australia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Jamaica (-X% per year).

Export Prices by Country

The average alumina export price stood at $X per ton in 2019, reducing by -X% against the previous year. Overall, export price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, alumina export price increased by +X% against 2016 indices. The growth pace was the most rapid in 2018 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per ton, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Vietnam ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Alumina Imports

Imports

In 2019, overseas purchases of alumina decreased by -X% to X tons, falling for the third year in a row after five years of growth. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Global imports peaked at X tons in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, alumina imports reduced to $X in 2019. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2019, Canada (X tons), Russia (X tons), China (X tons), Norway (X tons), India (X tons), Bahrain (X tons), the U.S. (X tons), Iceland (X tons), Qatar (X tons), South Africa (X tons), the United Arab Emirates (X tons) and Argentina (X tons) represented the largest importer of alumina in the world, mixing up X% of total import.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Qatar, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest alumina importing markets worldwide were Canada ($X), Russia ($X) and Norway ($X), with a combined X% share of global imports. China, India, Bahrain, the U.S., Iceland, the United Arab Emirates, South Africa, Qatar and Argentina lagged somewhat behind, together comprising a further X saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average alumina import price amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

China remains the largest alumina consuming country worldwide, accounting for 52% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, Australia, fourfold. Russia ranked third in terms of total consumption with a 5.1% share.

What are the largest producers of alumina in the world?

China remains the largest alumina producing country worldwide, comprising approx. 54% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia, fourfold. The third position in this ranking was occupied by Brazil, with a 7.6% share.

What are the leading suppliers of alumina in the world?

In value terms, Brazil remains the largest alumina supplier worldwide, comprising 30% of global exports. The second position in the ranking was occupied by Australia, with a 6.4% share of global exports. It was followed by Ireland, with a 6.2% share.

What are the leading importers of alumina in the world?

In value terms, Russia, Canada and China appeared to be the countries with the highest levels of imports in 2020, with a combined 36% share of global imports. These countries were followed by Norway, the United Arab Emirates, India, the United States, Iceland, Malaysia, South Africa, the Netherlands and France, which together accounted for a further 40%.

What is the average export price for alumina in the world?

In 2020, the average alumina export price amounted to $343 per ton, waning by -14.6% against the previous year.

What is the average import price for alumina in the world?

The average alumina import price stood at $342 per ton in 2020, with a decrease of -17.1% against the previous year.

This report provides an in-depth analysis of the global alumina market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

Alcoa, Rio Tinto, Hydro, The Aluminium Corporation of China, Compagnie des Bauxites de Guinea (CBG), United Company RUSAL Plc, Norsk Hydro ASA, Odisha Mining Corp Ltd., PT Aneka Tambang Persero Tbk, Gujarat Mineral Development Corporation Ltd., Century Aluminum Co., Magnitude 7 Metals LLC, Metro Mining Ltd., Orbite Technologies Inc., Jingxi Tiangui Aluminum Co. Ltd, Guangxi Huasheng New Material Co. Ltd., Guizhou Galuminium Aluminum Co. Ltd., China Power Investment Corp., Henan Xiangjiang Wanji Co. Ltd., Bosai Minerals Group Ltd., Lagune Exploitation Afrique Ltd., Alufer Mining Ltd. Washington Mills Electro Minerals

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023