Report Update: Apr 1, 2024

World - Artificial Corundum - Market Analysis, Forecast, Size, Trends And Insights

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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

Rating	Country
1	China
2	United States
3	India
4	Germany
5	Russia

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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	806	817	752	-3.4%
Ukraine	746	738	755	0.6%
Bahrain	818	942	817	-0.1%
Slovenia	872	839	820	-3.0%
Belgium	833	831	831	-0.1%
Canada	929	936	843	-4.7%
China	813	807	930	7.0%
Brazil	484	582	950	40.1%
Hungary	969	977	969	0.0%
Netherlands	985	871	1019	1.7%
Italy	1206	1186	1207	0.0%
United States	3008	2899	1543	-28.4%
Germany	2043	2053	2024	-0.5%
Average	970	978	994	1.2%

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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Austria	1703	1721	1690	-0.4%
Poland	962	978	1191	11.3%
Germany	1316	1287	1178	-5.4%
Italy	828	902	1092	14.8%
Turkey	922	883	962	2.1%
United States	703	759	950	16.2%
Netherlands	1053	958	891	-8.0%
Russia	930	1057	874	-3.1%
South Korea	1016	989	873	-7.3%
Japan	920	920	864	-3.1%
Belgium	883	900	773	-6.4%
Slovenia	816	951	707	-6.9%
Taiwan (Chinese)	812	809	694	-7.6%
Average	982	1008	1034	2.6%

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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	0.2	0.2	0.1	-22.1%
United States	0.2	0.2	0.1	-17.8%
Japan	0.1	0.1	0.09	-18.9%
Austria	0.1	0.09	0.08	-12.2%
South Korea	0.09	0.08	0.06	-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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.6	0.6	0.6	-3.9%
Germany	0.1	0.1	0.08	-12.3%
Italy	0.05	0.04	0.04	-8.5%
United States	0.07	0.08	0.04	-22.5%
Russia	0.03	0.02	0.03	-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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global artificial corundum market. 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 23991500 - Artificial corundum (excluding mechanical mixtures)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023