Ireland: Aluminium Market Overview 2020

Aluminium Market Size in Ireland

The revenue of the aluminium market in Ireland amounted to $X in 2017, declining by -X% against the previous year. In general, aluminium consumption continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the aluminium market reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Aluminium Production in Ireland

Aluminium production in Ireland totaled X kg in 2017, approximately reflecting the previous year. Overall, aluminium production continues to indicate a relatively flat trend pattern.

Aluminium Exports from Ireland

In 2017, aluminium exports from Ireland stood at X tonnes, reducing by -X% against the previous year. Overall, aluminium exports continue to indicate an abrupt reduction. The pace of growth was the most pronounced in 2015, when it surged by X% year-to-year. Ireland exports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, aluminium exports amounted to $X in 2017. In general, aluminium exports continue to indicate a deep descent. Ireland exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Aluminium Exports by Country from Ireland

In 2017, Russia (X tonnes) and Canada (X tonnes) were the largest exporters of aluminum (unwrought, not alloyed) in the globe, together constituting X% of total exports. India (X tonnes) ranks second in terms of the global exports with a X% share, followed by Australia (X%), Iceland (X%), Malaysia (X%), the United Arab Emirates (X%) and the Netherlands (X%). South Africa (X tonnes), Saudi Arabia (X tonnes), Mozambique (X tonnes) and New Zealand (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets worldwide were Canada ($X), Russia ($X) and India ($X), together comprising X% of total exports. Australia, Iceland, the United Arab Emirates, Malaysia, the Netherlands, South Africa, Saudi Arabia, Mozambique, New Zealand and Ireland lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Saudi Arabia (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Aluminium Export Prices by Country in Ireland

The aluminium export price in Ireland stood at $X per tonne in 2017, declining by -X% against the previous year. In general, aluminium export price continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2016, when it surged by -X% against the previous year. Over the period under review, the export prices for aluminum (unwrought, not alloyed) reached its peak figure level of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mozambique ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Malaysia (+X% per year), while the other leaders experienced a decline in the export price figures.

Aluminium Imports into Ireland

In 2017, the amount of aluminum (unwrought, not alloyed) imported into Ireland stood at X tonnes, rising by X% against the previous year. In general, the total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aluminium imports increased by +X% against 2007 indices. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the aluminium imports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, aluminium imports totaled $X in 2017. Overall, aluminium imports continue to indicate a relatively flat trend pattern. Ireland imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Aluminium Imports by Country into Ireland

The imports of the seven major importers of aluminum (unwrought, not alloyed), namely the U.S., Japan, South Korea, Turkey, the Netherlands, Germany and Italy, represented more than half of total import. Malaysia (X tonnes), Brazil (X tonnes), Mexico (X tonnes), Norway (X tonnes) and Thailand (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets worldwide were the U.S. ($X), Japan ($X) and South Korea ($X), together comprising X% of total imports. These countries were followed by the Netherlands, Germany, Turkey, Italy, Malaysia, Norway, Mexico, Thailand, Brazil and Ireland, which together accounted for a further X%.

Malaysia (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countriesover the last decade, while the other leaders experienced more modest paces of growth.

Aluminium Import Prices by Country in Ireland

The aluminium import price in Ireland stood at $X per tonne in 2017, declining by -X% against the previous year. Overall, aluminium import price continues to indicate a drastic deduction. The growth pace was the most rapid in 2010, when the import prices increased by X% y-o-y. Ireland import price peaked of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Norway ($X per tonne) and Germany ($X per tonne), while Brazil ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Norway (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform