
Japan - Alumina - Market Analysis, Forecast, Size, Trends And Insights
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Japan: Alumina Market Overview 2021
Alumina Market Size in Japan
The Japanese alumina market expanded remarkably to $X in 2019, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. Alumina consumption peaked at $X in 2011; however, from 2012 to 2019, consumption failed to regain the momentum.
Alumina Production in Japan
In value terms, alumina production shrank to $X in 2019 estimated in export prices. Overall, production recorded a abrupt slump. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2019, production stood at a somewhat lower figure.
Alumina Exports
Exports from Japan
In 2019, the amount of alumina exported from Japan reduced to X tonnes, waning by -X% on the previous year's figure. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.
In value terms, alumina exports declined modestly to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2011 to 2019, the growth exports remained at a lower figure.
Exports by Country
China (X tonnes), South Korea (X tonnes) and Taiwan (Chinese) (X tonnes) were the main destinations of alumina exports from Japan, together accounting for X% of total exports. The U.S., Thailand, Viet Nam and Malaysia lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in the U.S., while shipments for the other leaders experienced mixed trend patterns.
In value terms, the largest markets for alumina exported from Japan were China ($X), South Korea ($X) and the U.S. ($X), with a combined X% share of total exports.
Among the main countries of destination, the U.S. saw 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
In 2019, the average alumina export price amounted to $X per tonne, with an increase of X% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the maximum in 2019 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Viet Nam ($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 China, while the prices for the other major destinations experienced more modest paces of growth.
Alumina Imports
Imports into Japan
In 2019, overseas purchases of alumina increased by X% to X tonnes, rising for the sixth year in a row after two years of decline. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.
In value terms, alumina imports rose rapidly to $X in 2019. Overall, total imports indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Imports peaked in 2019 and are likely to see steady growth in years to come.
Imports by Country
Australia (X tonnes), France (X tonnes) and South Korea (X tonnes) were the main suppliers of alumina imports to Japan, together accounting for X% of total imports. China, Indonesia, Germany and Viet Nam lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Viet Nam (+X% per year), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest alumina suppliers to Japan were France ($X), South Korea ($X) and Australia ($X), together comprising X% of total imports. These countries were followed by Germany, China, Indonesia and Viet Nam, which together accounted for a further X Nam (+X% per year) saw 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
In 2019, the average alumina import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price, however, showed a mild decrease. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Australia ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Korea, 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), 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. 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?+
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 Japan?+
In value terms, the largest alumina suppliers to Japan were France ($27M), South Korea ($25M) and Australia ($20M), together comprising 60% of total imports. Germany, China, Indonesia and Viet Nam lagged somewhat behind, together comprising a further 25%.
What are the leading importers of alumina from Japan?+
In value terms, China ($47M), South Korea ($46M) and the U.S. ($36M) constituted the largest markets for alumina exported from Japan worldwide, together comprising 73% of total exports.
What is the average export price for alumina in Japan?+
In 2019, the average alumina export price amounted to $2,426 per tonne, increasing by 11% against the previous year.
What is the average import price for alumina in Japan?+
In 2019, the average alumina import price amounted to $897 per tonne, surging by 2.2% against the previous year.
This report provides an in-depth analysis of the alumina market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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