Alumina Market Overview in Russia
In value terms, alumina production expanded markedly to $ in estimated in export prices. Over the period under review, production posted resilient growth. The pace of growth was the most pronounced in 2019 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level in and is expected to retain growth in the immediate term.
The revenue of the alumina market in Russia skyrocketed to $ in , picking up 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 showed a relatively flat trend pattern. Alumina consumption peaked at $ in 2008; however, from 2009 to , consumption stood at a somewhat lower figure.