Alumina Market Overview in China
In value terms, alumina production expanded to $ in estimated in export prices. Over the period under review, production showed a resilient increase. The growth pace was the most rapid in 2010 when the production volume increased by % against the previous year. Alumina production peaked at $ in 2017; however, from 2018 to , production stood at a somewhat lower figure.
The size of the alumina market in China rose rapidly to $ in , with an increase 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). Over the period under review, consumption showed a buoyant increase. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. Over the period under review, the market reached the peak level at $ in 2017; however, from 2018 to , consumption stood at a somewhat lower figure.