Japan: Alumina Market Overview 2021

Alumina Market Size in Japan

The Japanese alumina market reduced sharply to $X in 2020, declining by -X% against the previous year. Overall, consumption recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Alumina Production in Japan

In value terms, alumina production fell to $X in 2020 estimated in export prices. Over the period under review, production recorded a deep contraction. The growth pace was the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Alumina Exports

Exports from Japan

In 2020, the amount of alumina exported from Japan dropped to X tonnes, declining by -X% compared with 2019. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, alumina exports fell slightly to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a somewhat 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, with a combined X% share of total exports. The U.S., Thailand, Germany and Viet Nam lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X), South Korea ($X) and the U.S. ($X) appeared to be the largest markets for alumina exported from Japan worldwide, with a combined X% share of total exports. These countries were followed by Taiwan (Chinese), Germany, Thailand and Viet Nam, which together accounted for a further X the main countries of destination, Germany 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

The average alumina export price stood at $X per tonne in 2020, with an increase of X% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs in 2020 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Taiwan (Chinese) ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 2020, after six years of growth, there was significant decline in purchases abroad of alumina, when their volume decreased by -X% to X tonnes. Over the period under review, imports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2019, and then declined significantly in the following year.

In value terms, alumina imports fell notably to $X in 2020. Overall, total imports indicated a perceptible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, 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% year-to-year. Imports peaked at $X in 2019, and then dropped remarkably in the following year.

Imports by Country

Australia (X tonnes), France (X tonnes) and South Korea (X tonnes) were the main suppliers of alumina imports to Japan, together comprising X% of total imports. These countries were followed by Indonesia, Germany, China and India, which together accounted for a further X 2007 to 2020, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Australia ($X) and Germany ($X) were the largest alumina suppliers to Japan, with a combined X% share of total imports. These countries were followed by South Korea, Indonesia, China and India, which together accounted for a further X recorded the highest growth rate of 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 2020, the average alumina import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The pace of growth appeared 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 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; 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 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

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The country with the largest volume of alumina consumption was China (95M tonnes), comprising approx. 60% of total volume. Moreover, alumina consumption in China exceeded the figures recorded by the second-largest consumer, Australia (17M tonnes), fivefold. India (8.3M tonnes) ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of alumina in the world?

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China (91M tonnes) remains the largest alumina producing country worldwide, accounting for 61% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fivefold. The third position in this ranking was occupied by Brazil (8.1M tonnes), with a 5.4% share.

What are the leading suppliers of alumina to Japan?

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In value terms, the largest alumina suppliers to Japan were France ($21M), Australia ($15M) and Germany ($13M), with a combined 61% share of total imports. South Korea, Indonesia, China and India lagged somewhat behind, together comprising a further 28%.

What are the leading importers of alumina from Japan?

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In value terms, the largest markets for alumina exported from Japan were China ($53M), South Korea ($35M) and the U.S. ($31M), together accounting for 68% of total exports. These countries were followed by Taiwan (Chinese), Germany, Thailand and Viet Nam, which together accounted for a further 23%.

What is the average export price for alumina in Japan?

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In 2020, the average alumina export price amounted to $2,554 per tonne, growing by 5.3% against the previous year.

What is the average import price for alumina in Japan?

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The average alumina import price stood at $857 per tonne in 2020, shrinking by -4.4% against the previous year.