Which Country Exports the Most Unwrought Aluminum in the World?

Basic Precious Metals May 28, 2018
Author: Anna Sergeeva
Market Analyst

Global aluminium exports amounted to 203M tonnes in 2016, picking up by 811% against the previous year figure. In general, aluminium exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2016, an increase of 811% year-to-year. In that year, global aluminium exports attained its maximum volume, and are likely to continue its growth in the immediate term.

In value terms, aluminium exports amounted to $44B in 2016. In general, aluminium exports continue to indicate a temperate contraction. Over the period under review, global aluminium exports reached its maximum level of $54B in 2008; however, from 2009 to 2016, it failed to regain its strength.

Top Aluminium Exporting Countries in the World

1. Canada (5.0 billion USD)

2. Russia (5.0 billion USD)

3. United Arab Emirates (4.5 billion USD)

4. Norway (2.4 billion USD)

5. Australia (2.4 billion USD)

6. Mozambique (1.1 billion USD)

Aluminium Exports By Country

Mozambique (179M tonnes) prevails in aluminium exports structure, reaching 179M tonnes, which was near 88% of total exports in 2016. The following exporters - Russia (3.5M tonnes) held near 2% of total exports, each. Canada, United Arab Emirates, Australia, and Norway countries held the negligible share of total exports.

Exports from Mozambique decreased at an average annual rate of nan% from 2007 to 2016. At the same time, United Arab Emirates (+34.3%), and Canada (+1.0%) displayed positive paces of growth. Moreover, United Arab Emirates emerged as the fastest growing importer/exporter in the world, with a CAGR of +34.3% from 2007-2016. Russia experienced a relatively flat trend pattern. By contrast, Australia (-1.7%), and Norway (-2.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Canada ($5B), Russia ($5B) and United Arab Emirates ($4.5B) appeared as the countries with the highest levels of exports in 2016, with a combined 33% share of global exports.

United Arab Emirates (+6.9% per year) recorded the highest growth rate of aluminium exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced a decline in the exports figures.

Aluminium Export Prices By Country

The average aluminium export price stood at $215 per tonne in 2016, declining by -89.7% against the previous year. In general, aluminium export price continues to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2011, when export price increased by 13% from the previous year level. Over the period under review, average aluminium export price attained its maximum level of $2,762 per tonne in 2007; however, from 2008 to 2016, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Norway ($1,906 per tonne), while Mozambique ($6 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of aluminium export prices was attained by Russia (-4.1% per year), while the other global leaders experienced a decline in the export price figures.

Do you want to know more about global aluminium market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • aluminium market share
  • aluminium prices
  • aluminium industry
  • aluminium sales
  • aluminium import
  • aluminium export
  • aluminium market forecast
  • aluminium price forecast
  • key aluminium producers

All data provided in this article covers the following product: HS Code 7601 - Aluminium; unwrought.

Source: World: Aluminum (Unwrought, Not Alloyed) - Market Report. Analysis and Forecast to 2025