From 2012 to 2016, sales of alumina in the world increased by 17.0%: from 97.6 to 114.2 million tons. Annually, the figure showed an increase from 2.1 to 7.3% compared to previous years. In this case, the smallest increase was observed in 2015, and the largest - in 2014.
In 2012-2016, China was the largest consumer of alumina in the world. In 2016, 63.4 million tons of this product was sold in the country, which corresponded to 55.5% of the global sales volume. The second place in consumption in 2016 was occupied by Russia with a natural indicator of 7.2 million tons, which accounted for 6.3% of total sales. The third place belonged to Canada, where 5.7 million tons of alumina were sold (5.0% of world consumption).
According to forecasts of BusinesStat, in 2017-2021 the market growth will continue at an average rate of 4.1% per year. According to the results of 2021, sales of alumina in the world will amount to 139.3 million tons, which is higher than the value of 2016 by 22.0%. Alumina is the raw material for the smelting of aluminum metal, in connection with which the dynamics of its sales in the global market for the aluminum industry will be consistently positive. Stimulate the growth of demand for aluminum will increase production consumers - producers of foil and packaging, cable industry, auto industry. In 2017-2021, the top three countries in terms of consumption of alumina are not expected to change. The leading position, far ahead of other countries, will continue to occupy China: in 2021, the country's share in total world sales will reach 60.1%. The second place in 2021 will remain Russia with a share of 5.7% of all sales, and the third place - Canada (4.5%).
“Analysis of the global alumina market in 2012–2016, forecast for 2017–2021” includes the most important data necessary for understanding the current global market conditions and assessing its development prospects:
Economy and population
External and internal trade in alumina
Import and export of alumina
Alumina Foreign Trade Prices
The review provides current data for more than 100 countries of the world and a forecast for the 25 leading countries of the world alumina market.
Leading countries: Australia, Argentina, Bahrain, Bosnia and Herzegovina, Brazil, Germany, Greece, India, Ireland, Iceland, Spain, Kazakhstan, Canada, Qatar, China, Netherlands, Norway, United Arab Emirates, Russia, Slovenia, USA, Ukraine, France, South Africa, Jamaica.
In preparing the review used statistical information:
United Nations Statistics Division
National Agencies and Compendia
International Trade Center
International Monetary Fund
Organization for Economic Cooperation and Development
World Trade Organization
Along with the official statistics, the review contains the results of BusinesStat research:
Analysis of open alumina market information
A survey of chemical industry experts