Italy: Alumina Market 2024

Alumina Market Size in Italy

The Italian alumina market declined slightly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption saw a pronounced contraction. Alumina consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Alumina Production in Italy

In value terms, alumina production fell rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a dramatic shrinkage. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Alumina Exports

Exports from Italy

Alumina exports from Italy totaled X tons in 2022, approximately mirroring 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, alumina exports fell rapidly to $X in 2022. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X tons) was the main destination for alumina exports from Italy, with a X% share of total exports. Moreover, alumina exports to Austria exceeded the volume sent to the second major destination, France (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Austria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

In value terms, Austria ($X), France ($X) and Spain ($X) were the largest markets for alumina exported from Italy worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Austria, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average alumina export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Alumina Imports

Imports into Italy

In 2022, approx. X tons of alumina were imported into Italy; reducing by X% against 2021 figures. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, alumina imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), France (X tons) and Bosnia and Herzegovina (X tons) were the main suppliers of alumina imports to Italy, together accounting for X% of total imports. Austria, Spain, Slovenia, Hungary, India, Greece and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Italy were Germany ($X), France ($X) and Spain ($X), with a combined X% share of total imports. India, Hungary, Bosnia and Herzegovina, Slovenia, Austria, the Netherlands and Greece lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, 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

The average alumina import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, alumina import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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