Indonesia: Alumina Market Overview 2021

Alumina Market Size in Indonesia

The Indonesian alumina market stood at $X in 2019, increasing by X% against the previous year. Overall, consumption showed notable growth. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Alumina Production in Indonesia

In value terms, alumina production soared to $X in 2019 estimated in export prices. Overall, production posted a significant expansion. The growth pace was the most rapid in 2016 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level in 2019 and is likely to continue growth in the near future.

Alumina Exports

Exports from Indonesia

In 2019, the amount of alumina exported from Indonesia expanded sharply to X tonnes, growing by X% on the previous year's figure. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2019 and are likely to continue growth in the immediate term.

In value terms, alumina exports reduced sharply to $X in 2019. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at $X in 2018, and then declined remarkably in the following year.

Exports by Country

Malaysia (X tonnes), India (X tonnes) and China (X tonnes) were the main destinations of alumina exports from Indonesia, together accounting for X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (+X% per year), while exports for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), India ($X) and China ($X) constituted the largest markets for alumina exported from Indonesia worldwide, together comprising X% of total exports.

Malaysia (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average alumina export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to China ($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 the United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.

Alumina Imports

Imports into Indonesia

Alumina imports into Indonesia reduced to X tonnes in 2019, leveling off at the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

In value terms, alumina imports dropped to $X in 2019. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2019, Australia (X tonnes) was the main supplier of alumina to Indonesia, with a X% share of total imports. It was followed by China (X tonnes), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from Australia was relatively modest.

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

From 2007 to 2019, the average annual growth rate of value from Australia was relatively modest.

Import Prices by Country

The average alumina import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per tonne), while the price for Australia stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

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) remains the largest alumina consuming country worldwide, accounting for 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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The country with the largest volume of alumina production was China (81M tonnes), comprising approx. 58% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fourfold. Brazil (8M tonnes) ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of alumina to Indonesia?

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In value terms, Australia ($168M) constituted the largest supplier of alumina to Indonesia, comprising 90% of total imports. The second position in the ranking was occupied by China ($6.5M), with a 3.5% share of total imports.

What are the leading importers of alumina from Indonesia?

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In value terms, Malaysia ($165M), India ($141M) and China ($53M) constituted the largest markets for alumina exported from Indonesia worldwide, with a combined 92% share of total exports.

What is the average export price for alumina in Indonesia?

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The average alumina export price stood at $359 per tonne in 2019, dropping by -25.6% against the previous year.

What is the average import price for alumina in Indonesia?

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In 2019, the average alumina import price amounted to $428 per tonne, waning by -13.4% against the previous year.