Artificial Corundum Market

Artificial corundum market: get new statistics empowered by an Ai-driven market intelligence tool. Statistics provide market prices, trade, consumption, exports, companies, production, market size, and imports. Here is a split by country, including Africa, the Middle East, China, Latin America, EU, the U.S., the U.K., and Russia. Market trends and outlook to 2030 are also provided in the snapshots.


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Artificial Corundum - World's Largest Markets

RatingCountry
1China
2United States
3India
4Germany
5Russia

In value terms, the largest artificial corundum markets worldwide were China, the United States and India, together accounting for 38% of the global market. Germany, Russia, Brazil, Japan, Mexico, Austria, France, South Korea, Spain and Italy lagged somewhat behind, together accounting for a further 29%.

Among the main consuming countries, Austria (+133.1% per year) recorded the highest growth rate of market size, over the period under review, while artificial corundum market for the other global leaders experienced more modest paces of growth.

Artificial Corundum Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia806817752-3.4%
Ukraine7467387550.6%
Bahrain818942817-0.1%
Slovenia872839820-3.0%
Belgium833831831-0.1%
Canada929936843-4.7%
China8138079307.0%
Brazil48458295040.1%
Hungary9699779690.0%
Netherlands98587110191.7%
Italy1206118612070.0%
United States300828991543-28.4%
Germany204320532024-0.5%
Average9709789941.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($2,024 per ton), while Russia ($752 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Austria170317211690-0.4%
Poland962978119111.3%
Germany131612871178-5.4%
Italy828902109214.8%
Turkey9228839622.1%
United States70375995016.2%
Netherlands1053958891-8.0%
Russia9301057874-3.1%
South Korea1016989873-7.3%
Japan920920864-3.1%
Belgium883900773-6.4%
Slovenia816951707-6.9%
Taiwan (Chinese)812809694-7.6%
Average982100810342.6%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Austria ($1,690 per ton), while Taiwan (Chinese) ($694 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Artificial Corundum - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.20.20.1-22.1%
United States0.20.20.1-17.8%
Japan0.10.10.09-18.9%
Austria0.10.090.08-12.2%
South Korea0.090.080.06-13.3%

In value terms, Germany ($121M), the United States ($115M) and Japan ($95M) appeared to be the countries with the highest levels of imports in 2020, together comprising 33% of global imports. These countries were followed by Austria, South Korea, Italy, Poland, Russia, Turkey, the Netherlands, Belgium, Taiwan (Chinese) and Slovenia, which together accounted for a further 41%.

In terms of the main importing countries, the Netherlands (+62.5% 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.

Artificial Corundum - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.60.60.6-3.9%
Germany0.10.10.08-12.3%
Italy0.050.040.04-8.5%
United States0.070.080.04-22.5%
Russia0.030.020.03-1.6%

In value terms, China ($584M) remains the largest artificial corundum supplier worldwide, comprising 58% of global exports. The second position in the ranking was occupied by Germany ($81M), with a 8% share of global exports. It was followed by Italy, with a 4% share.

In China, artificial corundum exports decreased by an average annual rate of -3.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (-12.3% per year) and Italy (-8.5% per year).

Artificial Corundum - Market Forecast

Driven by increasing demand for artificial corundum worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding 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.

Artificial Corundum - Product Coverage

  • HS 281810 - Aluminium oxide; artificial corundum
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World - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global artificial corundum market.

Eastern Asia - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Eastern Asia.

Australia and Oceania - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Australia and Oceania.

Central Asia - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Central Asia.

Latin America and the Caribbean - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Latin America and the Caribbean.

South-Eastern Asia - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in South-Eastern Asia.

Middle East - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in the Middle East.

Africa - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Africa.

Southern Asia - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Southern Asia.

Northern America - Artificial Corundum - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the artificial corundum market in Northern America.

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