Denmark: Alumina Market Overview 2021

Alumina Market Size in Denmark

The Danish alumina market contracted modestly to $X in 2020, therefore, remained relatively stable 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). Over the period under review, consumption, however, recorded a measured expansion. The pace of growth was the most pronounced in 2019 with an increase of X% y-o-y. Alumina consumption peaked at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Alumina Exports

Exports from Denmark

In 2020, after two years of growth, there was significant decline in overseas shipments of alumina, when their volume decreased by -X% to X tonnes. Over the period under review, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, alumina exports dropped sharply to $X in 2020. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Norway (X tonnes) was the main destination for alumina exports from Denmark, with a X% share of total exports. Moreover, alumina exports to Norway exceeded the volume sent to the second major destination, the Philippines (X tonnes), ninefold. South Africa (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Norway amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (+X% per year) and South Africa (+X% per year).

In value terms, the largest markets for alumina exported from Denmark were the Philippines ($X), South Africa ($X) and Norway ($X), together comprising X% of total exports.

Among the main countries of destination, Norway (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alumina export price stood at $X per tonne in 2020, growing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uganda, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Denmark

In 2020, purchases abroad of alumina decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. from 2009 to 2020, the growth imports remained at a lower figure.

In value terms, alumina imports shrank rapidly to $X in 2020. In general, total imports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Imports peaked at $X in 2019, and then dropped notably in the following year.

Imports by Country

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

From 2007 to 2020, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and China (-X% per year).

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

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

Import Prices by Country

The average alumina import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, import price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, alumina import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne, and then shrank in the following year.

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

From 2007 to 2020, 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

+

China (95M 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, 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?

+

The country with the largest volume of alumina production was China (91M tonnes), comprising approx. 61% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fivefold. The third position in this ranking was occupied by Brazil (8.1M tonnes), with a 5.4% share.

What are the leading suppliers of alumina to Denmark?

+

In value terms, Germany ($615K) constituted the largest supplier of alumina to Denmark, comprising 42% of total imports. The second position in the ranking was occupied by China ($250K), with a 17% share of total imports. It was followed by Norway, with a 15% share.

What are the leading importers of alumina from Denmark?

+

In value terms, the Philippines ($54K), South Africa ($44K) and Norway ($38K) constituted the largest markets for alumina exported from Denmark worldwide, with a combined 41% share of total exports.

What is the average export price for alumina in Denmark?

+

In 2020, the average alumina export price amounted to $5,524 per tonne, rising by 11% against the previous year.

What is the average import price for alumina in Denmark?

+

In 2020, the average alumina import price amounted to $2,390 per tonne, waning by -12% against the previous year.