Aluminium Market in the United States
Market Overview
In 
, the U.S. aluminium market increased by % to $, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a mild descent. Aluminium consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.
In value terms, aluminium production dropped slightly to $ in . In general, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of %. Aluminium production peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.
, the U.S. aluminium market increased by % to $, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a mild descent. Aluminium consumption peaked at $ in 2008; however, from 2009 to , consumption failed to regain momentum.In value terms, aluminium production dropped slightly to $
in . In general, production saw a abrupt contraction. The most prominent rate of growth was recorded in 2011 with an increase of %. Aluminium production peaked at $ in 2008; however, from 2009 to , production stood at a somewhat lower figure.Consumption
In , aluminium consumption in the United States rose markedly to tons, growing by % against the previous year. Overall, consumption, however, showed a pronounced slump. Over the period under review, consumption hit record highs at tons in 2008; however, from 2009 to , consumption remained at a lower figure.
The revenue of the aluminium market in the United States 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, however, showed a slight descent. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.
, aluminium consumption in the United States rose markedly to tons, growing by % against the previous year. Overall, consumption, however, showed a pronounced slump. Over the period under review, consumption hit record highs at tons in 2008; however, from 2009 to , consumption remained at a lower figure.The revenue of the aluminium market in the United States 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, however, showed a slight descent. Over the period under review, the market hit record highs at $ in 2008; however, from 2009 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for aluminium in the United States, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in the United States increased significantly over the last fifteen-year period (from % to %).
% to %).Trade Balance
The United States remains a net importer of aluminium; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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