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World - Aluminum - Market Analysis, Forecast, Size, Trends And Insights
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Global Aluminum Market Overview 2021

Aluminum Market Size

In 2020, the global aluminum market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, the total consumption indicated a slight increase 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. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Global consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Aluminum Production

In value terms, aluminum production stood at $X in 2020 estimated in export prices. Overall, the total production indicated a tangible 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. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2010 when the production volume increased by X% against the previous year. Over the period under review, global production reached the peak level at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country

The country with the largest volume of aluminum production was China (X tonnes), accounting for X% of total volume. Moreover, aluminum production in China exceeded the figures recorded by the second-largest producer, Russia (X tonnes), tenfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at +X%. In the other countries, the average annual rates were as follows: Russia (-X% per year) and India (+X% per year).

Aluminum Exports

Exports

In 2020, the amount of aluminum exported worldwide expanded modestly to X tonnes, surging by X% compared with the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, global exports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

In value terms, aluminum exports contracted modestly to $X in 2020. Overall, exports recorded a slight contraction. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Global exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

The biggest shipments were from Russia (X tonnes), Canada (X tonnes), the United Arab Emirates (X tonnes), India (X tonnes), Malaysia (X tonnes), Australia (X tonnes), Norway (X tonnes), Bahrain (X tonnes), Iceland (X tonnes), the Netherlands (X tonnes), South Africa (X tonnes) and Mozambique (X tonnes), together amounting to X% of total export. Germany (X tonnes) took a relatively small share of total exports.

From 2007 to 2020, the biggest increases were in Malaysia, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Russia ($X), Canada ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of global exports. These countries were followed by India, Malaysia, Norway, Australia, Bahrain, the Netherlands, Iceland, South Africa, Germany and Mozambique, which together accounted for a further X the main exporting countries, Bahrain recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average aluminum export price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. Global export price peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Norway ($X per tonne) and Germany ($X per tonne), while Malaysia ($X per tonne) and South Africa ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Bahrain, while the other global leaders experienced a decline in the export price figures.

Aluminum Imports

Imports

In 2020, after two years of decline, there was growth in supplies from abroad of aluminum, when their volume increased by X% to X tonnes. The total import volume 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% against the previous year. Global imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, aluminum imports declined to $X in 2020. In general, imports recorded a mild decline. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, global imports attained the maximum at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X tonnes), followed by China (X tonnes), Japan (X tonnes), Germany (X tonnes), Malaysia (X tonnes), South Korea (X tonnes) and Turkey (X tonnes) represented the key importers of aluminum, together mixing up X% of total imports. The following importers - Italy (X tonnes), the Netherlands (X tonnes), Poland (X tonnes), Spain (X tonnes), Taiwan (Chinese) (X tonnes) and Thailand (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and China ($X) constituted the countries with the highest levels of imports in 2020, together comprising X% of global imports.

Among the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average aluminum import price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% y-o-y. Global import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in the U.S. ($X per tonne) and Germany ($X per tonne), while China ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminum in the world?
+
China (37M tonnes) constituted the country with the largest volume of aluminum consumption, comprising approx. 58% of total volume. Moreover, aluminum consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (4.1M tonnes), ninefold. The third position in this ranking was occupied by Japan (2M tonnes), with a 3.2% share.
What are the largest producers of aluminum in the world?
+
China (37M tonnes) remains the largest aluminum producing country worldwide, accounting for 57% of total volume. Moreover, aluminum production in China exceeded the figures recorded by the second-largest producer, Russia (3.6M tonnes), tenfold. The third position in this ranking was occupied by India (3.6M tonnes), with a 5.4% share.
What are the leading suppliers of aluminum in the world?
+
In value terms, Russia ($5.5B), Canada ($5.5B) and the United Arab Emirates ($4.3B) were the countries with the highest levels of exports in 2020, with a combined 33% share of global exports. India, Malaysia, Norway, Australia, Bahrain, the Netherlands, Iceland, South Africa, Germany and Mozambique lagged somewhat behind, together comprising a further 40%.
What are the leading importers of aluminum in the world?
+
In value terms, the largest aluminum importing markets worldwide were the U.S. ($7B), Germany ($3.8B) and China ($3.8B), with a combined 31% share of global imports.
What is the average export price for aluminum in the world?
+
The average aluminum export price stood at $1,869 per tonne in 2020, declining by -6.4% against the previous year.
What is the average import price for aluminum in the world?
+
The average aluminum import price stood at $1,877 per tonne in 2020, reducing by -7.8% against the previous year.

Product coverage:

This report provides an in-depth analysis of the global aluminum market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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