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China - Aluminium - Market Analysis, Forecast, Size, Trends And Insights
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China: Aluminium Market Overview 2021

Aluminium Market Size in China

For the third year in a row, the Chinese aluminium market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption recorded a buoyant increase. The growth pace was the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is expected to retain growth in years to come.

Aluminium Production in China

In value terms, aluminium production expanded markedly to $X in 2019 estimated in export prices. Over the period under review, production recorded a strong increase. The growth pace was the most rapid in 2010 when the production volume increased by X% y-o-y. Aluminium production peaked in 2019 and is expected to retain growth in the near future.

Aluminium Exports

Exports from China

In 2019, shipments abroad of aluminium increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, aluminium exports totaled $X in 2019. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

Japan (X tonnes) was the main destination for aluminium exports from China, accounting for a X% share of total exports. Moreover, aluminium exports to Japan exceeded the volume sent to the second major destination, Hong Kong SAR (X tonnes), fivefold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-X% per year) and Viet Nam (+X% per year).

In value terms, Japan ($X) remains the key foreign market for aluminium exports from China, comprising X% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-X% per year) and Viet Nam (+X% per year).

Export Prices by Country

In 2019, the average aluminium export price amounted to $X per tonne, remaining constant against the previous year. In general, the export price recorded a mild curtailment. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2019, the highest prices were recorded for prices to Hong Kong SAR ($X per tonne) and Viet Nam ($X per tonne), while the average price for exports to Japan ($X per tonne) and South Korea ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR, while the prices for the other major destinations experienced a decline.

Aluminium Imports

Imports into China

In 2019, the amount of aluminium imported into China rose significantly to X tonnes, picking up by X% compared with the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2013 to 2019, the growth imports remained at a lower figure.

In value terms, aluminium imports expanded slightly to $X in 2019. Overall, imports, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports remained at a lower figure.

Imports by Country

In 2019, Malaysia (X tonnes) constituted the largest supplier of aluminium to China, accounting for a X% share of total imports. Moreover, aluminium imports from Malaysia exceeded the figures recorded by the second-largest supplier, Russia (X tonnes), threefold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Viet Nam (+X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of aluminium to China, comprising X% of total imports. The second position in the ranking was occupied by Russia ($X), with a X% share of total imports. It was followed by Viet Nam, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Malaysia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

In 2019, the average aluminium import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2019, the highest prices were recorded for prices from New Zealand ($X per tonne) and the United Arab Emirates ($X per tonne), while the price for Thailand ($X per tonne) and Mongolia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand, 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 aluminium in the world?
+
China (36M tonnes) remains the largest aluminium consuming country worldwide, accounting for 53% of total volume. Moreover, aluminium consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.2M tonnes), ninefold. The third position in this ranking was occupied by India (2.8M tonnes), with a 4.1% share.
What are the largest producers of aluminium in the world?
+
China (36M tonnes) remains the largest aluminium producing country worldwide, accounting for 55% of total volume. Moreover, aluminium production in China exceeded the figures recorded by the second-largest producer, India (4.5M tonnes), eightfold. The third position in this ranking was occupied by Russia (3.6M tonnes), with a 5.4% share.
What are the leading suppliers of aluminium to China?
+
In value terms, Malaysia ($128M) constituted the largest supplier of aluminium to China, comprising 28% of total imports. The second position in the ranking was occupied by Russia ($53M), with a 12% share of total imports. It was followed by Viet Nam, with a 8.1% share.
What are the leading importers of aluminium from China?
+
In value terms, Japan ($611M) remains the key foreign market for aluminium exports from China, comprising 50% of total exports. The second position in the ranking was occupied by Hong Kong SAR ($135M), with a 11% share of total exports. It was followed by Viet Nam, with a 9.7% share.
What is the average export price for aluminium in China?
+
The average aluminium export price stood at $2,150 per tonne in 2019, approximately reflecting the previous year.
What is the average import price for aluminium in China?
+
The average aluminium import price stood at $2,090 per tonne in 2019, falling by -6.2% against the previous year.

Product coverage:

This report provides an in-depth analysis of the aluminium market in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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