United Kingdom - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAlumina Price in the UK - 2023
Contents:
- Alumina Price in the UK (CIF) - 2022
- Alumina Price in the UK (FOB) - 2023
- Alumina Imports in the UK
- Alumina Exports in the UK
Alumina Price in the UK (CIF) - 2022
In 2022, the average alumina import price amounted to $988 per ton, increasing by 33% against the previous year. In general, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 71%. The import price peaked at $1,227 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,918 per ton), while the price for Ireland ($725 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Alumina Price in the UK (FOB) - 2023
The average alumina export price stood at $2,462 per ton in June 2023, surging by 134% against the previous month. Overall, the export price saw a prominent increase. The export price peaked at $2,562 per ton in August 2022; however, from September 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Ireland ($6,001 per ton), while the average price for exports to Saudi Arabia ($279 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+1,270.1%), while the prices for the other major destinations experienced more modest paces of growth.
Alumina Imports in the UK
After two years of decline, overseas purchases of alumina increased by 7.1% to 74K tons in 2022. In general, imports, however, faced a deep setback.
In value terms, alumina imports surged to $73M in 2022. Overall, imports, however, saw a abrupt descent.
| Import of Alumina in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 53.6 | 25.7 | 9.3 | 28.9 | -18.6% |
| Germany | 10.1 | 10.0 | 13.4 | 13.3 | 9.6% |
| Hungary | 6.3 | 4.3 | 6.6 | 6.5 | 1.0% |
| United States | 6.8 | 5.3 | 3.6 | 5.1 | -9.1% |
| Netherlands | 1.0 | 0.5 | 4.2 | 4.2 | 61.3% |
| Spain | N/A | N/A | 3.7 | 3.6 | -2.7% |
| France | 5.1 | 2.8 | 2.4 | 3.4 | -12.6% |
| Others | 5.8 | 5.1 | 8.5 | 8.5 | 13.6% |
| Total | 88.8 | 53.8 | 51.7 | 73.5 | -6.1% |
Top Suppliers of Alumina to the UK in 2022:
- Ireland (39.8K tons)
- Germany (10.6K tons)
- Hungary (7.0K tons)
- Netherlands (5.7K tons)
- Spain (3.7K tons)
- France (3.2K tons)
- United States (1.2K tons)
Alumina Exports in the UK
Alumina exports from the UK reduced sharply to 3.2K tons in 2022, falling by -20.3% against 2021 figures. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 4.4%.
In value terms, alumina exports reduced to $5.6M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 46%. As a result, the exports attained the peak of $5.9M, and then dropped modestly in the following year.
| Export of Alumina in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.1 | 3.8 | 1,798 | 1,487 | 468.3% |
| Ireland | 785 | 513 | 386 | 454 | -16.7% |
| Germany | 251 | 591 | 471 | 389 | 15.7% |
| Saudi Arabia | 6.0 | 154 | 447 | 370 | 295.1% |
| Italy | 480 | 193 | 438 | 362 | -9.0% |
| France | 546 | 547 | 122 | 327 | -15.7% |
| Netherlands | 565 | 393 | 157 | 300 | -19.0% |
| Poland | 204 | 65.1 | 165 | 137 | -12.4% |
| Spain | 156 | 119 | 25.1 | 80.8 | -19.7% |
| Others | 2,154 | 1,457 | 1,888 | 1,699 | -7.6% |
| Total | 5,155 | 4,034 | 5,897 | 5,607 | 2.8% |
Top Export Markets for Alumina from the UK in 2022:
- Belgium (873.9 tons)
- Saudi Arabia (692.5 tons)
- Netherlands (453.8 tons)
- France (395.2 tons)
- Germany (145.3 tons)
- Ireland (142.3 tons)
- Spain (122.2 tons)
- Italy (75.3 tons)
- Poland (40.2 tons)
This report provides an in-depth analysis of the alumina market in the UK. 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 2030.
Product coverage:
- Prodcom 24421200 - Aluminium oxide (excluding artificial corundum)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
768
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This report provides an in-depth analysis of the alumina market in the UK.
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In 2021, U.S. alumina imports rose by 12% to 1.3M tons or by 32% to $622M in value terms, while the domestic production declined.
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In value terms, aluminum structures exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend pattern indi...
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In 2021, U.S. alumina imports rose by 12% to 1.3M tons or by 32% to $622M in value terms, while the domestic production declined.
1577
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
1199
In 2016, the amount of alumina imported worldwide totaled X tons, approximately mirroring the previous year figure. In general, alumina imports continue to indicate a relatively flat trend pattern...
