Austria: Alumina Market Overview 2021

Alumina Market Size in Austria

The Austrian alumina market fell dramatically to $X in 2019, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the market value increased by X% year-to-year. Alumina consumption peaked at $X in 2011; however, from 2012 to 2019, consumption remained at a lower figure.

Alumina Exports

Exports from Austria

In 2019, the amount of alumina exported from Austria rose markedly to X tonnes, growing by X% on the previous year's figure. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are expected to retain growth in years to come.

In value terms, alumina exports rose sharply to $X in 2019. Over the period under review, exports saw a slight shrinkage. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Germany (X tonnes), Italy (X tonnes) and Sweden (X tonnes) were the main destinations of alumina exports from Austria, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Sweden (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Taiwan (Chinese) ($X) constituted the largest markets for alumina exported from Austria worldwide, with a combined X% share of total exports. These countries were followed by Sweden, Bulgaria, Romania and the United Arab Emirates, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average alumina export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2010 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Taiwan (Chinese) ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced a decline.

Alumina Imports

Imports into Austria

In 2019, the amount of alumina imported into Austria contracted dramatically to X tonnes, dropping by -X% on the previous year's figure. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, alumina imports dropped significantly to $X in 2019. In general, imports saw a slight contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Romania (X tonnes) and Bosnia and Herzegovina (X tonnes) were the main suppliers of alumina imports to Austria, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Austria were Romania ($X), Germany ($X) and Bosnia and Herzegovina ($X), together accounting for X% of total imports.

Among the main suppliers, Romania (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alumina import price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2009; however, from 2010 to 2019, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Slovenia ($X per tonne) and Hungary ($X per tonne), while the price for Bosnia and Herzegovina ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Romania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

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The country with the largest volume of alumina consumption was China (83M tonnes), comprising approx. 64% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, India (6.8M tonnes), more than tenfold. Canada (5.5M tonnes) ranked third in terms of total consumption with a 4.2% share.

What are the largest producers of alumina in the world?

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China (81M tonnes) constituted the country with the largest volume of alumina production, comprising approx. 58% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fourfold. The third position in this ranking was occupied by Brazil (8M tonnes), with a 5.7% share.

What are the leading suppliers of alumina to Austria?

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In value terms, Romania ($5.9M), Germany ($5.4M) and Bosnia and Herzegovina ($3.4M) constituted the largest alumina suppliers to Austria, with a combined 75% share of total imports.

What are the leading importers of alumina from Austria?

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In value terms, the largest markets for alumina exported from Austria were Germany ($2M), Italy ($1.8M) and Taiwan (Chinese) ($1.5M), together comprising 61% of total exports. Sweden, Bulgaria, Romania and the United Arab Emirates lagged somewhat behind, together accounting for a further 22%.

What is the average export price for alumina in Austria?

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In 2019, the average alumina export price amounted to $353 per tonne, with a decrease of -7% against the previous year.

What is the average import price for alumina in Austria?

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In 2019, the average alumina import price amounted to $555 per tonne, approximately mirroring the previous year.