Romania: Alumina Market Overview 2021

Alumina Market Size in Romania

The Romanian alumina market reached $X in 2020, picking up by X% against the previous year. Overall, consumption posted significant growth. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in the near future.

Alumina Production in Romania

In value terms, alumina production totaled $X in 2020 estimated in export prices. Over the period under review, production recorded significant growth. The pace of growth was the most pronounced in 2012 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level in 2020 and is likely to see steady growth in years to come.

Alumina Exports

Exports from Romania

In 2020, after three years of growth, there was significant decline in overseas shipments of alumina, when their volume decreased by -X% to X tonnes. Overall, exports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Exports peaked at X tonnes in 2019, and then declined remarkably in the following year.

In value terms, alumina exports fell markedly to $X in 2020. In general, exports, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2019, and then dropped markedly in the following year.

Exports by Country

Poland (X tonnes) was the main destination for alumina exports from Romania, accounting for a X% share of total exports. Moreover, alumina exports to Poland exceeded the volume sent to the second major destination, Moldova (X tonnes), twofold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Germany (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value to Poland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average alumina export price stood at $X per tonne in 2020, falling by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2020, the highest prices were recorded for prices to Moldova ($X per tonne) and Italy ($X per tonne), while the average price for exports to Poland ($X per tonne) and Germany ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Alumina Imports

Imports into Romania

In 2020, purchases abroad of alumina decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, total imports indicated moderate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, alumina imports amounted to $X in 2020. Over the period under review, total imports indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X; afterwards, it flattened through to 2020.

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 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest alumina suppliers to Romania were Hungary ($X), the UK ($X) and Austria ($X), with a combined X% share of total imports.

Among the main suppliers, Austria (+X% per year) saw the highest growth rate of 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

In 2020, the average alumina import price amounted to $X per tonne, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

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China (95M tonnes) constituted the country with the largest volume of alumina consumption, accounting for 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 Romania?

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In value terms, Hungary ($846K), the UK ($459K) and Austria ($455K) were the largest alumina suppliers to Romania, together accounting for 78% of total imports.

What are the leading importers of alumina from Romania?

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In value terms, Poland ($2.3M) emerged as the key foreign market for alumina exports from Romania, comprising 52% of total exports. The second position in the ranking was occupied by Moldova ($1.1M), with a 25% share of total exports. It was followed by Germany, with a 15% share.

What is the average export price for alumina in Romania?

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In 2020, the average alumina export price amounted to $400 per tonne, shrinking by -5.5% against the previous year.

What is the average import price for alumina in Romania?

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In 2020, the average alumina import price amounted to $872 per tonne, rising by 32% against the previous year.