Austria: Alumina Market Overview 2021

Alumina Market Size in Austria

The Austrian alumina market reduced remarkably to $X in 2020, 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 saw a deep setback. 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 2020, consumption stood at a somewhat lower figure.

Alumina Exports

Exports from Austria

After three years of growth, shipments abroad of alumina decreased by -X% to X tonnes in 2020. In general, exports, however, recorded resilient growth. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2019, and then declined slightly in the following year.

In value terms, alumina exports stood at $X in 2020. Over the period under review, exports, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Italy (X tonnes), Germany (X tonnes) and Sweden (X tonnes) were the main destinations of alumina exports from Austria, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Sweden ($X) were the largest markets for alumina exported from Austria worldwide, with a combined X% share of total exports.

Italy (+X% per year) saw 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 2020, the average alumina export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. The export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to Italy ($X per tonne) and Germany ($X per tonne), while the average price for exports to Sweden ($X per tonne) and Bulgaria ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria, while the prices for the other major destinations experienced a decline.

Alumina Imports

Imports into Austria

In 2020, the amount of alumina imported into Austria dropped markedly to X tonnes, reducing by -X% compared with the year before. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, alumina imports reduced remarkably to $X in 2020. Overall, imports recorded a pronounced contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Germany (X tonnes) constituted the largest supplier of alumina to Austria, accounting for a X% share of total imports. Moreover, alumina imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), threefold. The third position in this ranking was occupied by Greece (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Greece (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of alumina to Austria, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Greece (+X% per year).

Import Prices by Country

The average alumina import price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per tonne), while the price for Greece ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

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China (95M tonnes) constituted the country with the largest volume of alumina consumption, accounting for 60% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, Australia (17M tonnes), fivefold. India (8.3M tonnes) ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of alumina in the world?

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China (91M tonnes) constituted the country with the largest volume of alumina production, accounting for 61% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fivefold. Brazil (8.1M tonnes) ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of alumina to Austria?

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In value terms, Germany ($5.1M) constituted the largest supplier of alumina to Austria, comprising 36% of total imports. The second position in the ranking was occupied by Spain ($1.8M), with a 13% share of total imports. It was followed by Greece, with a 11% share.

What are the leading importers of alumina from Austria?

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In value terms, Italy ($3.9M), Germany ($2.5M) and Sweden ($1M) constituted the largest markets for alumina exported from Austria worldwide, together comprising 86% of total exports.

What is the average export price for alumina in Austria?

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The average alumina export price stood at $370 per tonne in 2020, rising by 4.8% against the previous year.

What is the average import price for alumina in Austria?

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In 2020, the average alumina import price amounted to $501 per tonne, reducing by -9.6% against the previous year.