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World - Aluminum and Alloys - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Aluminum and Alloys - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Nov 13, 2023

Best Import Markets for Aluminum

The World's Best Import Markets for Aluminum

When it comes to aluminum imports, certain countries stand out as the top destinations for this versatile metal. In 2022, the total global value of aluminum imports reached an impressive $59.9 billion, according to the latest data from IndexBox, a leading market intelligence platform.

1. United States: Leading the Way

The United States takes the top spot as the world's largest importer of aluminum, with an import value of $15.0 billion in 2022. This comes as no surprise, considering the country's vast industrial sector and strong demand for this lightweight, durable, and highly recyclable material. The U.S. relies heavily on aluminum imports to support various industries such as automotive, aerospace, construction, and packaging.

2. Netherlands: A Hub for Aluminum Imports

The Netherlands ranks as the second-largest market for aluminum imports, with a value of $9.5 billion in 2022. The country's strategic location, excellent transportation infrastructure, and advanced logistics systems make it an ideal hub for distributing aluminum across Europe. Additionally, the Netherlands is home to several major aluminum manufacturers and processors, making it a key player in the global aluminum market.

3. Germany: Strong Demand for Aluminum

Germany holds the third position among the world's top aluminum import markets, with an import value of $8.5 billion in 2022. Known for its robust manufacturing sector and automotive industry, Germany relies heavily on aluminum imports to meet its demand for lightweight materials. Aluminum is widely used in the production of automotive parts, construction materials, and packaging, making it a crucial component in Germany's industrial landscape.

4. Japan: Embracing Aluminum's Versatility

Japan follows closely behind Germany with an import value of $7.0 billion in 2022. The country has a strong affinity for innovative and lightweight materials, and aluminum perfectly fits the bill. Japan's automotive, aerospace, and electronics sectors extensively utilize aluminum to improve fuel efficiency, enhance performance, and reduce overall weight. As a result, Japan remains a significant importer of aluminum.

5. China: A Growing Consumer of Aluminum

Despite being the world's largest producer of aluminum, China also features among the top import markets for this metal. In 2022, China imported aluminum worth $5.6 billion, highlighting its growing consumption and demand. The country's rapid industrialization, infrastructure development, and construction boom contribute to its robust appetite for aluminum imports.

6. Turkey: Meeting Domestic Demand

Turkey secures the sixth spot on the list, with a total import value of $5.2 billion in 2022. The country's construction industry, automotive sector, and packaging manufacturers heavily rely on aluminum imports to support their operations. Additionally, Turkey acts as a gateway for aluminum distribution to neighboring markets in the Middle East and North Africa.

7. Italy: Aluminum for Automotive and Packaging

Italy ranks seventh among the world's top importers of aluminum, with an import value of $4.9 billion in 2022. The Italian automotive industry, renowned for its luxury and sports cars, extensively utilizes aluminum in the manufacturing process. Additionally, Italy's packaging sector relies on aluminum imports to meet the demand for lightweight and environmentally friendly materials.

8. South Korea: Key Player in Automotive Manufacturing

South Korea occupies the eighth position among the leading import markets for aluminum, with a value of $4.5 billion in 2022. The country's automotive industry, focused on producing high-quality vehicles, heavily depends on lightweight materials like aluminum. South Korea's demand for aluminum imports continues to grow to support its automotive manufacturing sector.

9. Spain: Steel and Aluminum Consumption

Spain imports aluminum worth $2.4 billion, securing the ninth spot in the global rankings. Although Spain has a dominant steel industry, the country also consumes a significant amount of aluminum. Various sectors, such as construction, transportation, and packaging, require aluminum's excellent properties, including corrosion resistance, malleability, and low density.

10. Poland: Rising Demand for Aluminum

Poland completes the list of top import markets for aluminum, with an import value of $2.3 billion in 2022. The country's strong economic growth, coupled with its expanding manufacturing sector, contribute to the rising demand for aluminum imports. Poland's automotive, construction, and machinery industries all heavily rely on aluminum to fulfill their production needs.

As these statistics from IndexBox market intelligence platform illustrate, the global aluminum market heavily relies on import markets to meet the growing demand for this versatile metal. From the United States to Poland, countries across the globe recognize aluminum's value and utilize its properties in various industries.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global aluminum market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)
  • Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Aluminium Corporation of China, Hongqiao Group, Rusal, Xinfa, EGA, SPIC, Alcoa, East Hope, Norsk Hydro, Rio Tinto, Saudi Arabian Mining Company, Vedanta, Hindalco Industries, South32, SHANDONG NANSHAN ALUMINIUM CO., Brazilian Aluminium Company, VSMPO-AVISMA CORPORATION, YUNNAN ALUMINIUM, Showa Denko, Alumina Ltd., QATAR ALUMINIUM MANUFACTURING COMPANY

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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