World - Aluminium - Market Analysis, Forecast, Size, Trends and Insights

Global Aluminium Market Overview 2019

Aluminium Market Size

The global aluminium market revenue amounted to $X in 2017, shrinking by -X% against the previous year. Overall, aluminium consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when market value increased by X% year-to-year. In that year, the global aluminium market reached their peak level of $X, and then declined slightly in the following year. 

Aluminium Production

Global aluminium production totaled X tonnes in 2017, coming down by -X% against the previous year. Overall, aluminium production continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. In that year, the global aluminium production attained their peak volume of X tonnes, and then declined slightly in the following year. 

Aluminium Exports

Exports 2007-2017

In 2017, approx. X tonnes of aluminium were exported worldwide; coming up by X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. Over the period under review, the global aluminium exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term. 

In value terms, aluminium exports amounted to $X in 2017. In general, aluminium exports continue to indicate a mild curtailment. Over the period under review, the global aluminium exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. 

Exports by Country

In 2017, Russia (X tonnes), Canada (X tonnes) and the United Arab Emirates (X tonnes) represented the main exporters of aluminium in the world, committing X% of total export. Norway (X tonnes) ranks second in terms of the global exports with a X% share, followed by Australia (X%) and India (X%). Malaysia (X tonnes), the Netherlands (X tonnes), Iceland (X tonnes), China (X tonnes), South Africa (X tonnes) and the U.S. (X tonnes) followed a long way behind the leaders. 

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the United Arab Emirates (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Canada ($X), Russia ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of global exports. 

The United Arab Emirates (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countriesover the last decade, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average aluminium export price amounted to $X per tonne, surging by X% against the previous year. Overall, aluminium export price continues to indicate a significant shrinkage. The pace of growth was the most pronounced in 2010, an increase of X% y-o-y. Global export price peaked of $X per tonne in 2007; however, from 2008 to 2017, it failed to regain its momentum. 

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (-X% per year), while the other global leaders experienced a decline in the export price figures.

Aluminium Imports

Imports 2007-2017

In 2017, the global aluminium imports amounted to X tonnes, waning by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the global aluminium imports reached its peak figure volume of X tonnes in 2016, and then declined slightly in the following year. 

In value terms, aluminium imports totaled $X in 2017. In general, aluminium imports continue to indicate a mild shrinkage. Global imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum. 

Imports by Country

In 2017, the U.S. (X tonnes), Japan (X tonnes) and Germany (X tonnes) were the main importers of aluminium in the world, mixed up X% of total import. South Korea (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Italy (X%) and the Netherlands (X%). The following importers - Turkey (X tonnes), Mexico (X tonnes), Poland (X tonnes), France (X tonnes), Spain (X tonnes) and Malaysia (X tonnes) together made up X% of total imports. 

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest aluminium markets worldwide were the U.S. ($X), Germany ($X) and Japan ($X), with a combined X% share of global imports. South Korea, Italy, the Netherlands, Turkey, Mexico, Poland, France, Spain and Malaysia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Poland (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average aluminium import price stood at $X per tonne in 2017, jumping by X% against the previous year. Overall, aluminium import price continues to indicate a measured decrease. The growth pace was the most rapid in 2017, an increase of X% against the previous year. Global import price peaked of $X per tonne in 2008; however, from 2009 to 2017, it stood at a somewhat lower level. 

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Spain ($X per tonne) and France ($X per tonne), while Japan ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Spain (-X% per year), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform