United Arab Emirates: Alumina Market Overview 2021

Alumina Market Size in the United Arab Emirates

The alumina market in the United Arab Emirates fell notably to $X in 2019, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded strong growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Alumina Exports

Exports from the United Arab Emirates

In 2019, the amount of alumina exported from the United Arab Emirates fell significantly to X tonnes, shrinking by -X% on 2018. Overall, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2018, and then contracted markedly in the following year.

In value terms, alumina exports reduced rapidly to $X in 2019. In general, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

India (X tonnes) was the main destination for alumina exports from the United Arab Emirates, with a X% share of total exports. Moreover, alumina exports to India exceeded the volume sent to the second major destination, Poland (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to India amounted to +X%.

In value terms, India ($X) remains the key foreign market for alumina exports from the United Arab Emirates, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to India totaled +X%.

Export Prices by Country

The average alumina export price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Poland ($X per tonne), while the average price for exports to India totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Poland.

Alumina Imports

Imports into the United Arab Emirates

In 2019, overseas purchases of alumina decreased by -X% to X tonnes, falling for the fourth year in a row after six years of growth. Over the period under review, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Imports peaked at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, alumina imports dropped markedly to $X in 2019. Overall, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, India (X tonnes) constituted the largest alumina supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, alumina imports from India exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), fivefold. The third position in this ranking was occupied by Saudi Arabia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Saudi Arabia (+X% per year).

In value terms, India ($X), Viet Nam ($X) and Saudi Arabia ($X) constituted the largest alumina suppliers to the United Arab Emirates, together accounting for X% of total imports.

Viet Nam (+X% per year) saw 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 2019, the average alumina import price amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2010 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 Viet Nam ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for alumina in the world?

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China (83M tonnes) remains the largest alumina consuming country worldwide, 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. 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?

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China (81M tonnes) remains the largest alumina producing country worldwide, comprising approx. 58% of total volume. Moreover, alumina production in China exceeded the figures recorded by the second-largest producer, Australia (19M tonnes), fourfold. The third position in this ranking was occupied by Brazil (8M tonnes), with a 5.7% share.

What are the leading suppliers of alumina to the United Arab Emirates?

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In value terms, the largest alumina suppliers to the United Arab Emirates were India ($212M), Viet Nam ($112M) and Saudi Arabia ($38M), together accounting for 93% of total imports.

What are the leading importers of alumina from the United Arab Emirates?

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In value terms, India ($86K) remains the key foreign market for alumina exports from the United Arab Emirates, comprising 77% of total exports. The second position in the ranking was occupied by Poland ($24K), with a 21% share of total exports.

What is the average export price for alumina in the United Arab Emirates?

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In 2019, the average alumina export price amounted to $266 per tonne, with a decrease of -60.1% against the previous year.

What is the average import price for alumina in the United Arab Emirates?

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In 2019, the average alumina import price amounted to $429 per tonne, shrinking by -10.2% against the previous year.