Aluminium Bar Market

Aluminium bar market: get new info featured by an Ai-driven BI tool. Datasets include market prices, market size, imports, consumption, exports, companies, production, and trade. There is a split by region, including Africa, Latin America, the U.S., EU, the Middle East, China, the U.K., and Russia. Market trends and forecast to 2030 are also provided in the reports.

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Aluminium Bar - World's Largest Markets

In value terms, the largest aluminium bar markets worldwide were China, the United States and Japan, together comprising 49% of the global market. These countries were followed by Indonesia, Norway, Germany, Russia, Italy, South Korea, Brazil, France, India and Iran, which together accounted for a further 25%.

In terms of the main consuming countries, Norway (+68.3% per year) saw the highest growth rate of market size, over the period under review, while aluminium bar market for the other global leaders experienced more modest paces of growth.

Aluminium Bar Prices

Aluminium Bar - Top Importers

In value terms, Germany ($1.9B), France ($1B) and the United States ($950M) were the countries with the highest levels of imports in 2020, with a combined 28% share of global imports. The Netherlands, Poland, the UK, Belgium, the Czech Republic, Mexico, Canada, Austria, Vietnam and Australia lagged somewhat behind, together comprising a further 28%.

In terms of the main importing countries, Vietnam (+84.3% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Aluminium Bar - Top Exporters

In value terms, the largest aluminium bar supplying countries worldwide were China ($2.6B), Germany ($1.8B) and Spain ($1.1B), with a combined 33% share of global exports. Turkey, Italy, the United States, Belgium, Austria, Poland, Mozambique, Greece, Canada and the United Arab Emirates lagged somewhat behind, together comprising a further 35%.

Turkey saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Aluminium Bar - Market Forecast

Driven by rising demand for aluminium bar worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Aluminium Bar - Top Companies

HINDALCO INDUSTRIES LIMITED, Arconic Inc., Alcoa Corporation, Novelis Inc., FUJIKURA LTD., UACJ CORPORATION, Novelis Deutschland GmbH, Liaoning Zhongwang Group Co., Ltd., Aleris Corporation, Hydro Aluminium Rolled Products GmbH, ALUMINIO ESPAÑOL SL, Trulite Glass & Aluminum Solutions, LLC, Henan Zhongfu Industrial Co., Ltd., Far East Cable Co., Ltd., Aleris International, Inc., Kromberg & Schubert GmbH, Hydro Extrusion Usa, LLC, Constellium Singen GmbH, Henan Yongdeng Aluminum Industry Co., Ltd., AMAG rolling GmbH

Aluminium Bar - Product Coverage

• HS 7604 - Aluminium; bars, rods and profiles