Latest Report Update: Dec 15, 2020

Finland - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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Finland: Alumina Market Overview 2020

Alumina Market Size in Finland

In 2019, the Finnish alumina market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, the total consumption indicated a mild expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Alumina Exports

Exports from Finland

In 2019, approx. X tonnes of alumina were exported from Finland; rising by X% on 2018. Over the period under review, exports, however, continue to indicate a noticeable setback. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, alumina exports skyrocketed to $X in 2019. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

South Korea (X tonnes) was the main destination for alumina exports from Finland, with a X% share of total exports. Moreover, alumina exports to South Korea exceeded the volume sent to the second major destination, the Netherlands (X tonnes), twofold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to South Korea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and India (+X% per year).

In value terms, the largest markets for alumina exported from Finland were India ($X), South Korea ($X) and Russia ($X), together comprising X% of total exports.

India recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average alumina export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, export price indicated a remarkable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alumina export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum in 2018 and is likely to see gradual growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per tonne), while the average price for exports to South Korea ($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 Italy, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Finland

In 2019, approx. X tonnes of alumina were imported into Finland; approximately mirroring 2018. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are likely to continue growth in the near future.

In value terms, alumina imports contracted to $X in 2019. Over the period under review, total imports indicated a moderate increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes), Russia (X tonnes) and the Netherlands (X tonnes) were the main suppliers of alumina imports to Finland, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Finland were Germany ($X), the U.S. ($X) and Russia ($X), together accounting for X% of total imports.

Russia recorded 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, dropping by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, 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?
+
The country with the largest volume of alumina consumption was China (82M tonnes), accounting for 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?
+
China (81M tonnes) remains the largest alumina producing country worldwide, comprising approx. 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 Finland?
+
In value terms, Germany ($2.3M), the U.S. ($1.3M) and Russia ($758K) appeared to be the largest alumina suppliers to Finland, together comprising 74% of total imports.
What are the leading importers of alumina from Finland?
+
In value terms, India ($25K), South Korea ($16K) and Russia ($9.6K) constituted the largest markets for alumina exported from Finland worldwide, with a combined 76% share of total exports.
What is the average export price for alumina in Finland?
+
The average alumina export price stood at $3,656 per tonne in 2018, surging by 24% against the previous year.
What is the average import price for alumina in Finland?
+
In 2018, the average alumina import price amounted to $1,312 per tonne, falling by -8.7% against the previous year.

Product coverage:

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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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