India: Aluminium Market Overview 2020

Aluminium Market Size in India

The revenue of the aluminium market in India amounted to $X in 2018, surging by X% against the previous year. Overall, aluminium consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. India aluminium consumption peaked in 2018 and is expected to retain its growth in the near future.

Aluminium Production in India

In value terms, aluminium production amounted to $X in 2018 estimated in export prices. In general, aluminium production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2011 when production volume increased by X% against the previous year. Over the period under review, aluminium production reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Aluminium Exports

Exports from India

In 2018, the amount of aluminium exported from India totaled X tonnes, increasing by X% against the previous year. In general, aluminium exports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. India exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, aluminium exports totaled $X in 2018. Overall, aluminium exports continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, aluminium exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, Russia (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) represented the key exporters of aluminium in the world, constituting X% of total export. Australia (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Norway (X%) and Malaysia (X%). The Netherlands (X tonnes), Iceland (X tonnes), the U.S. (X tonnes), Qatar (X tonnes), China (X tonnes) and Mozambique (X tonnes) occupied a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United Arab Emirates ($X) and Russia ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, Australia, Norway, Malaysia, the Netherlands, Iceland, the U.S., Qatar, Mozambique and China lagged somewhat behind, together accounting for a further X the main exporting countries, Malaysia experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the aluminium export price in India amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the aluminium export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. Over the period under review, the export prices for aluminium reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Aluminium Imports

Imports into India

In 2018, approx. X tonnes of aluminium were imported into India; falling by -X% against the previous year. Over the period under review, aluminium imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. India imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, aluminium imports amounted to $X in 2018. Over the period under review, the total imports indicated a buoyant increase from 2007 to 2018: its value 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. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, aluminium imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), Germany (X tonnes), South Korea (X tonnes) and Italy (X tonnes) represented the major importers of aluminium, together mixing up X% of total imports. The Netherlands (X tonnes), Turkey (X tonnes), Mexico (X tonnes), Thailand (X tonnes), Poland (X tonnes), Malaysia (X tonnes) and Taiwan, Chinese (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported aluminium into India, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the aluminium import price in India amounted to $X per tonne, growing by X% against the previous year. Overall, the aluminium import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. India import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Mexico ($X per tonne) and Poland ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform