Romania: Alumina Market Overview 2021

Alumina Market Size in Romania

The Romanian alumina market rose rapidly to $X in 2019, increasing by X% against the previous year. Overall, consumption, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Alumina consumption peaked at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Alumina Production in Romania

In value terms, alumina production rose sharply to $X in 2019 estimated in export prices. Overall, production enjoyed a significant increase. The pace of growth was the most pronounced in 2012 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level in 2019 and is likely to see steady growth in the near future.

Alumina Exports

Exports from Romania

In 2019, shipments abroad of alumina increased by X% to X tonnes, rising for the third consecutive year after two years of decline. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are likely to see gradual growth in years to come.

In value terms, alumina exports surged to $X in 2019. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X tonnes) was the main destination for alumina exports from Romania, accounting for a X% share of total exports. Moreover, alumina exports to Italy exceeded the volume sent to the second major destination, Poland (X tonnes), twofold. Montenegro (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Montenegro (+X% per year).

In value terms, Italy ($X) emerged as the key foreign market for alumina exports from Romania, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Montenegro, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Montenegro (+X% per year).

Export Prices by Country

In 2019, the average alumina export price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2019, the highest prices were recorded for prices to Moldova ($X per tonne) and Poland ($X per tonne), while the average price for exports to Hungary ($X per tonne) and Montenegro ($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 Moldova, while the prices for the other major destinations experienced a decline.

Alumina Imports

Imports into Romania

In 2019, after two years of growth, there was significant decline in supplies from abroad of alumina, when their volume decreased by -X% to X tonnes. In general, total imports indicated a resilient increase from 2007 to 2019: its volume 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, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2018, and then fell in the following year.

In value terms, alumina imports contracted modestly to $X in 2019. Overall, total imports indicated moderate 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, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2018 to 2019, the growth imports failed to regain the momentum.

Imports by Country

Hungary (X tonnes), Austria (X tonnes) and Germany (X tonnes) were the main suppliers of alumina imports to Romania, together comprising X% of total imports.

From 2007 to 2019, the biggest increases were in Austria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Romania were Hungary ($X), Germany ($X) and Austria ($X), together accounting for X% of total imports.

Among the main suppliers, Austria (+X% per year) saw the highest rates of growth with regard to 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, surging by X% against the previous year. In general, the import price, however, saw a slight decrease. The growth pace was the most rapid in 2012 an increase of X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2013 to 2019, the growth in terms of the average import prices remained at a 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 ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI 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 (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. Canada (5.5M tonnes) ranked third in terms of total consumption with a 4.2% share.

What are the largest producers of alumina in the world?

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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 Romania?

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In value terms, the largest alumina suppliers to Romania were Hungary ($710K), Germany ($667K) and Austria ($325K), together accounting for 82% of total imports.

What are the leading importers of alumina from Romania?

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In value terms, Italy ($9.7M) emerged as the key foreign market for alumina exports from Romania, comprising 49% of total exports. The second position in the ranking was occupied by Poland ($4.7M), with a 24% share of total exports. It was followed by Montenegro, with a 19% share.

What is the average export price for alumina in Romania?

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In 2019, the average alumina export price amounted to $423 per tonne, with an increase of 6.8% against the previous year.

What is the average import price for alumina in Romania?

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In 2019, the average alumina import price amounted to $658 per tonne, picking up by 5.2% against the previous year.