Which Country Imports the Most Aluminium Ores and Concentrates in the World?

Uranium And Thorium Ores May 28, 2018
Author: Anna Sergeeva
Market Analyst

Which Country Imports the Most Aluminium Ores and Concentrates in the World?

IndexBox has just published a new report "World: Aluminium Ores And Concentrates (Bauxite) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of aluminium imported worldwide stood at 132M tonnes, going down by -10.6% against the previous year level. The total import volume increased at an average annual rate of +2.1% over the period from 2007 to 2016- however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015, when it surged by 25% from the previous year level. Over the period under review, global aluminium imports reached its maximum volume of 158M tonnes in 2013- however, from 2014 to 2016, it failed to regain its strength.

In value terms, aluminium imports totaled $4.1B in 2016. Overall, it indicated a measured expansion from 2007 to 2016: the total imports value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, aluminium imports decreased by -31.2% against its level of 2013. In that year, global aluminium imports reached its maximum level of $5.9B. From 2014 to 2016, growth of global aluminium imports stood at a somewhat lower level.

Top Aluminium Importing Countries in the World

1. Guinea (nan USD)

2. China (2,497,146,455.0 USD)

3. Ireland (219,316,283.0 USD)

4. Spain (172,737,167.0 USD)

5. Ukraine (166,653,156.4 USD)

6. Germany (108,731,755.0 USD)

7. Canada (106,937,539.0 USD)

8. Australia (1,450,090.0 USD)

Aluminium Imports By Country

In 2016, China (52M tonnes) was the key importer for aluminium, comprising 39% of total imports. Australia (26M tonnes) ranks second globally in aluminium imports with a 19% share, following Guinea (19%). Ireland (4.7M tonnes), Spain (4.3M tonnes), Ukraine (3.9M tonnes), Canada (3.6M tonnes), and Germany (2.2M tonnes) followed a long way behind this figure.

China was also the fastest growing in terms of the aluminium imports, with a CAGR of +9.3% from 2007 to 2016. At the same time, Guinea (+2.4%), Spain (+2.1%), Australia (+1.5%), and Ireland (+1.4%) displayed positive paces of growth. Canada experienced a relatively flat trend pattern. By contrast, Ukraine (-1.6%), and Germany (-3.7%) illustrated a downward trend over the same period. While the share of Australia (-2.4%), Guinea (-3.6%), and China (-21.7%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest aluminium markets worldwide were Guinea (UNKNOWN), China ($2.5B) and Ireland ($219M), together comprising -% of global imports.

Guinea (nan% per year) recorded the highest growth rate of aluminium imports, among the main importing countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Aluminium Import Prices By Country

In 2016, the average import price for aluminium amounted to $31 per tonne, going down by -8.8% against the previous year. Overall, aluminium import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when import price increased by 34% against the previous year level. In that year, average aluminium import price attained its maximum level of $39 per tonne. From 2009 to 2016, growth of average aluminium import price stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Germany ($49 per tonne), while Australia ($0 per kg) was among the lowest.

From 2007 to 2016, the most notable growth rate of aluminium import prices was attained by Ireland (+2.8% per year), while the other global leaders experienced more modest paces of growth.

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 2606 - Aluminium ores and concentrates.

Source: World: Aluminium Ores And Concentrates (Bauxite) - Market Report. Analysis and Forecast to 2025