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Colombia - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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Colombia: Alumina Market Overview 2021

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Alumina Market Size in Colombia

In 2020, the Colombian alumina market decreased by -X% to $X, falling for the second consecutive year after three years of growth. In general, consumption showed a pronounced slump. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2011 to 2020, the growth of the market remained at a lower figure.

Alumina Exports

Exports from Colombia

In 2020, shipments abroad of alumina decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Overall, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, alumina exports plummeted to $X in 2020. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tonnes) was the main destination for alumina exports from Colombia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Ecuador stood at +X%.

In value terms, Ecuador ($X) also remains the key foreign market for alumina exports from Colombia.

From 2007 to 2020, the average annual rate of growth in terms of value to Ecuador totaled +X%.

Export Prices by Country

In 2020, the average alumina export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2015 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ecuador.

From 2007 to 2020, the rate of growth in terms of prices for Ecuador amounted to +X% per year.

Alumina Imports

Imports into Colombia

In 2020, supplies from abroad of alumina decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, alumina imports declined rapidly to $X in 2020. In general, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2011 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Brazil (X tonnes) and France (X tonnes) were the main suppliers of alumina imports to Colombia, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil, while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest alumina suppliers to Colombia were Germany ($X), the U.S. ($X) and Brazil ($X), together comprising X% of total imports.

Brazil saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average alumina import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2010; however, from 2011 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?
+
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?
+
China (91M tonnes) remains the largest alumina producing country worldwide, 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 Colombia?
+
In value terms, the largest alumina suppliers to Colombia were Germany ($620K), the U.S. ($506K) and Brazil ($456K), with a combined 83% share of total imports.
What are the leading importers of alumina from Colombia?
+
In value terms, Ecuador ($24K) remains the key foreign market for alumina exports from Colombia.
What is the average export price for alumina in Colombia?
+
The average alumina export price stood at $1,341 per tonne in 2020, dropping by -38.3% against the previous year.
What is the average import price for alumina in Colombia?
+
In 2020, the average alumina import price amounted to $805 per tonne, dropping by -12% against the previous year.

Product coverage:

This report provides an in-depth analysis of the alumina market in Colombia. 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:
• Colombia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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