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Report World - Bauxite - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jun 11, 2024

World - Bauxite - Market Analysis, Forecast, Size, Trends and Insights

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Global Bauxite Market 2024

Bauxite Market Size

For the ninth year in a row, the global bauxite market recorded growth in sales value, which increased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market reached the peak level in 2023 and is expected to retain growth in the near future.

Bauxite Production

In value terms, bauxite production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Bauxite Exports

Exports

Global bauxite exports reduced modestly to X tons in 2023, shrinking by X% on the previous year's figure. Over the period under review, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2022, and then contracted slightly in the following year.

In value terms, bauxite exports shrank to $X in 2023. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The global exports peaked at $X in 2022, and then shrank in the following year.

Exports by Country

In 2023, Guinea (X tons) was the major exporter of bauxite, comprising X% of total exports. Australia (X tons) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%). The following exporters - Brazil (X tons), Turkey (X tons) and Jamaica (X tons) - each resulted at a X% share of total exports.

Exports from Guinea increased at an average annual rate of X% from 2012 to 2023. At the same time, Turkey (X%) and Australia (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Indonesia (X%), Jamaica (X%) and Brazil (X%) illustrated a downward trend over the same period. While the share of Guinea (X p.p.), Australia (X p.p.) and Turkey (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Jamaica (X p.p.), Brazil (X p.p.) and Indonesia (X p.p.) displayed negative dynamics.

In value terms, Guinea ($X) remains the largest bauxite supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Australia ($X), with a X% share of global exports. It was followed by Indonesia, with a X% share.

In Guinea, bauxite exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (X% per year) and Indonesia (X% per year).

Export Prices by Country

The average bauxite export price stood at $X per ton in 2023, with a decrease of X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while Jamaica ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other global leaders experienced more modest paces of growth.

Bauxite Imports

Imports

In 2023, the amount of bauxite imported worldwide rose slightly to X tons, increasing by X% compared with the previous year. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, global imports hit record highs in 2023 and are likely to see gradual growth in years to come.

In value terms, bauxite imports stood at $X in 2023. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Global imports peaked in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

China dominates imports structure, amounting to X tons, which was near X% of total imports in 2023. The following importers - Canada (X tons), Ireland (X tons), the United States (X tons) and India (X tons) - each finished at an X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to bauxite imports into China stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Canada experienced a relatively flat trend pattern. By contrast, Ireland (X%) and the United States (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and India (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Canada (X p.p.), Ireland (X p.p.) and the United States (X p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported bauxite worldwide, comprising X% of global imports. The second position in the ranking was taken by India ($X), with a X% share of global imports. It was followed by Ireland, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: India (X% per year) and Ireland (X% per year).

Import Prices by Country

In 2023, the average bauxite import price amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the global bauxite 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 07291300 - Aluminium ores and concentrates

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:

Alcoa Corporation, Rio Tinto, Aluminum Corporation China Limited (CHALCO), Norsk Hydro ASA, South32, Rusal, NALCO India, Hindalco Industries ltd, Emirates Global Aluminium PJSC, Glencore Plc, Mitsubishi Development Pty Ltd, Sundance Resources Ltd, Gujarat Mineral Development Corporation Ltd, PT ANTAM (Persero) Tbk, Vale S.A., Sojitz Alumina Pty Ltd, Anglo African Minerals PLC, Canyon Resources Ltd, ITOK Group, Dynamic Mining

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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