Denmark: Alumina Market Overview 2020

Alumina Market Size in Denmark

In 2019, the Danish alumina market increased by X% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption posted temperate growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Alumina Exports

Exports from Denmark

In 2019, overseas shipments of alumina were finally on the rise to reach X tonnes for the first time since 2015, thus ending a three-year declining trend. Overall, exports showed a measured expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, alumina exports soared to $X in 2019. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Poland (X tonnes), Saudi Arabia (X tonnes) and Pakistan (X tonnes) were the main destinations of alumina exports from Denmark.

From 2007 to 2018, the biggest increases were in Pakistan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for alumina exports from Denmark, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and India (+X% per year).

Export Prices by Country

In 2018, the average alumina export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price posted a noticeable increase. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2018, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per tonne), while the average price for exports to Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced mixed trend patterns.

Alumina Imports

Imports into Denmark

In 2019, overseas purchases of alumina increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, imports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, alumina imports skyrocketed to $X in 2019. Over the period under review, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2018, Germany (X tonnes) constituted the largest supplier of alumina to Denmark, with a X% share of total imports. Moreover, alumina imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tonnes), threefold. The Netherlands (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X), China ($X) and the U.S. ($X) were the largest alumina suppliers to Denmark, together accounting for X% of total imports. These countries were followed by France, the Netherlands, the UK and Norway, which together accounted for a further X UK 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 2018, the average alumina import price amounted to $X per tonne, reducing by -X% against the previous year. In general, import price indicated resilient growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina import price increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2017, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per tonne), while the price for Norway ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, 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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China (82M tonnes) remains the largest alumina consuming country worldwide, comprising approx. 60% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, Russia (8.8M tonnes), ninefold. India (8.4M tonnes) ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of alumina in the world?

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China (81M tonnes) remains the largest alumina producing country worldwide, accounting for 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 (8.9M tonnes), with a 6.3% share.

What are the leading suppliers of alumina to Denmark?

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In value terms, the largest alumina suppliers to Denmark were Germany ($422K), China ($303K) and the U.S. ($206K), together accounting for 69% of total imports. These countries were followed by France, the Netherlands, the UK and Norway, which together accounted for a further 25%.

What are the leading importers of alumina from Denmark?

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In value terms, Saudi Arabia ($284K) remains the key foreign market for alumina exports from Denmark, comprising 78% of total exports. The second position in the ranking was occupied by Poland ($119K), with a 33% share of total exports. It was followed by India, with a 6.5% share.

What is the average export price for alumina in Denmark?

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In 2018, the average alumina export price amounted to $2,652 per tonne, with an increase of 12% against the previous year.

What is the average import price for alumina in Denmark?

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In 2018, the average alumina import price amounted to $1,869 per tonne, declining by -8.7% against the previous year.