Alumina Market in the European Union
In value terms, alumina production contracted markedly to $ in estimated in export price. In general, production showed a slight setback. The growth pace was the most rapid in 2018 when the production volume increased by %. As a result, production reached the peak level of $. From 2019 to , production growth failed to regain momentum.
The countries with the highest volumes of in were Germany ( tonnes), Ireland ( tonnes) and Spain ( tonnes), together comprising % of total production. Greece, France and Romania lagged somewhat behind, together accounting for a further %.
From 2007 to , the biggest increases were in Romania (with a CAGR of +%), while production for the other leaders experienced more modest paces of growth.
The size of the alumina market in the European Union shrank to $ in , with a decrease of -% 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). Overall, consumption, however, showed a noticeable setback. The level of consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.
From 2007 to , the average annual growth rate of volume in Germany was relatively modest. In the other countries, the average annual rates were as follows: France (+% per year) and the Netherlands (+% per year).
In value terms, Germany ($), France ($) and the Netherlands ($) constituted the countries with the highest levels of market value in , together comprising % of the total market. Spain, Romania, Greece and Sweden lagged somewhat behind, together accounting for a further %.
Romania, with a CAGR of +%, saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of alumina per capita consumption in were the Netherlands ( kg per person), Greece ( kg per person) and Germany ( kg per person).
From 2007 to , the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Romania (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.