Ireland: Alumina Market Overview 2021

Alumina Market Size in Ireland

In 2019, after two years of growth, there was significant decline in the Irish alumina market, when its value decreased by -X% to $X. In general, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Alumina consumption peaked at $X in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.

Alumina Production in Ireland

In value terms, alumina production shrank dramatically to $X in 2019 estimated in export prices. In general, the total production indicated slight growth from 2007 to 2019: its value 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, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Alumina production peaked at $X in 2018, and then contracted remarkably in the following year.

Alumina Exports

Exports from Ireland

In 2019, after two years of decline, there was significant growth in overseas shipments of alumina, when their volume increased by X% to X tonnes. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2016; afterwards, it flattened through to 2019.

In value terms, alumina exports reduced notably to $X in 2019. In general, total exports indicated modest growth from 2007 to 2019: its value 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, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2018, and then shrank dramatically in the following year.

Exports by Country

France (X tonnes), Russia (X tonnes) and the Netherlands (X tonnes) were the main destinations of alumina exports from Ireland, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Russia, while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Russia ($X) and the Netherlands ($X) appeared to be the largest markets for alumina exported from Ireland worldwide, with a combined X% share of total exports.

Russia saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average alumina export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The export price peaked at $X per tonne in 2018, and then shrank rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2019, the countries with the highest prices were Slovenia ($X per tonne) and France ($X per tonne), while the average price for exports to Russia ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Iceland, while the prices for the other major destinations experienced more modest paces of growth.

Alumina Imports

Imports into Ireland

Alumina imports into Ireland contracted to X tonnes in 2019, waning by -X% against 2018 figures. Overall, imports, however, saw a notable increase. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, alumina imports fell to $X in 2019. In general, total imports indicated measured growth 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 most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

The UK (X tonnes), the U.S. (X tonnes) and Germany (X tonnes) were the main suppliers of alumina imports to Ireland, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Germany ($X) appeared to be the largest alumina suppliers to Ireland, with a combined X% share of total imports.

In terms of the main suppliers, Germany recorded the highest growth rate of the value of imports, 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, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, 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 (83M tonnes), 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. The third position in this ranking was occupied by Canada (5.5M tonnes), with a 4.2% 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 (8M tonnes), with a 5.7% share.

What are the leading suppliers of alumina to Ireland?

+

In value terms, the largest alumina suppliers to Ireland were the U.S. ($674K), the UK ($538K) and Germany ($450K), together accounting for 89% of total imports.

What are the leading importers of alumina from Ireland?

+

In value terms, the largest markets for alumina exported from Ireland were France ($215M), Russia ($126M) and the Netherlands ($83M), with a combined 65% share of total exports.

What is the average export price for alumina in Ireland?

+

The average alumina export price stood at $344 per tonne in 2019, reducing by -20.7% against the previous year.

What is the average import price for alumina in Ireland?

+

The average alumina import price stood at $3,102 per tonne in 2019, picking up by 3.9% against the previous year.