Denmark: Alumina Market Overview 2021

Alumina Market Size in Denmark

For the fourth consecutive year, the Danish alumina market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption saw a strong expansion. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. Over the period under review, the market reached the peak level in 2019 and is likely to continue growth in the near future.

Alumina Production in Denmark

In value terms, alumina production totaled $X in 2019 estimated in export prices. Over the period under review, production showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Alumina production peaked in 2019 and is likely to continue growth in years to come.

Alumina Exports

Exports from Denmark

In 2019, overseas shipments of alumina increased by X% to X tonnes, rising for the third consecutive year after two years of decline. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Exports peaked in 2019 and are likely to see steady growth in years to come.

In value terms, alumina exports surged to $X in 2019. Overall, exports saw resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tonnes) was the main destination for alumina exports from Denmark, accounting for a X% share of total exports. Moreover, alumina exports to Poland exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), threefold. Taiwan (Chinese) (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Taiwan (Chinese) (+X% per year).

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

From 2007 to 2019, 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 Italy (+X% per year).

Export Prices by Country

The average alumina export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Saudi Arabia ($X per tonne), while the average price for exports to Portugal ($X per tonne) was amongst the lowest.

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

Alumina Imports

Imports into Denmark

In 2019, supplies from abroad of alumina decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. In general, imports, however, recorded slight growth. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then reduced notably in the following year.

In value terms, alumina imports declined remarkably to $X in 2019. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

Germany (X tonnes), the U.S. (X tonnes) and China (X tonnes) were the main suppliers of alumina imports to Denmark, together accounting for X% of total imports. Spain, Hungary, France and Belgium lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Denmark were the U.S. ($X), Germany ($X) and China ($X), with a combined X% share of total imports. These countries were followed by France, Belgium, Hungary and Spain, which together accounted for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alumina import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, import price indicated a buoyant increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, alumina import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the near future.

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

From 2007 to 2019, 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 (83M tonnes) constituted the country with the largest volume of alumina consumption, comprising approx. 64% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, India (6.8M tonnes), more than tenfold. Canada (5.5M tonnes) ranked third in terms of total consumption with a 4.2% 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 (8M tonnes), with a 5.7% share.

What are the leading suppliers of alumina to Denmark?

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In value terms, the U.S. ($660K), Germany ($658K) and China ($304K) were the largest alumina suppliers to Denmark, together comprising 89% of total imports. These countries were followed by France, Belgium, Hungary and Spain, which together accounted for a further 7%.

What are the leading importers of alumina from Denmark?

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In value terms, Saudi Arabia ($1.4M) emerged as the key foreign market for alumina exports from Denmark, comprising 58% of total exports. The second position in the ranking was occupied by Poland ($417K), with a 17% share of total exports. It was followed by Italy, with a 2% share.

What is the average export price for alumina in Denmark?

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In 2019, the average alumina export price amounted to $1,224 per tonne, picking up by 31% against the previous year.

What is the average import price for alumina in Denmark?

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The average alumina import price stood at $2,697 per tonne in 2019, with an increase of 53% against the previous year.