Alumina Market Overview in India
In value terms, alumina production rose remarkably to $ in estimated in export prices. In general, production enjoyed prominent growth. The growth pace was the most rapid in 2011 when the production volume increased by % y-o-y. Over the period under review, production attained the peak level in and is expected to retain growth in the immediate term.
The value of the alumina market in India rose significantly to $ in , growing by % 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 enjoyed a strong expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. Alumina consumption peaked in and is expected to retain growth in the near future.