Overview of the Market for Alumina And Primary Aluminum in the USA
In value terms, alumina and primary aluminum production fell to $ in 2019. Overall, production showed a abrupt setback. The growth pace was the most rapid in 2015 with an increase of % year-to-year. Over the period under review, production hit record highs at $ in 2013; however, from 2014 to 2019, production remained at a lower figure.
The value of the alumina and primary aluminum market in the U.S. contracted markedly to $ in 2019, shrinking 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 showed a slight reduction. The pace of growth was the most pronounced in 2017 when the market value increased by % y-o-y. As a result, consumption attained the peak level of $. From 2018 to 2019, the growth of the market failed to regain the momentum.