Alumina Market Overview in Ireland
In value terms, alumina production declined slightly to $ in estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2018; however, from 2019 to , production failed to regain the momentum.
The revenue of the alumina market in Ireland surged to $ in , increasing 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). In general, consumption recorded strong growth. The most prominent rate of growth was recorded in 2013 with an increase of % year-to-year. Alumina consumption peaked at $ in 2009; however, from 2010 to , consumption failed to regain the momentum.