China - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends And Insights
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Contents:
- Aluminium Hydroxide Price in China (FOB) - 2023
- Aluminium Hydroxide Price in China (CIF) - 2023
- Aluminium Hydroxide Exports in China
- Aluminium Hydroxide Imports in China
Aluminium Hydroxide Price in China (FOB) - 2023
In September 2023, the average aluminium hydroxide export price amounted to $514 per ton, growing by 3% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 an increase of 17% month-to-month. As a result, the export price reached the peak level of $608 per ton. From February 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($831 per ton), while the average price for exports to Iraq ($280 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Aluminium Hydroxide Price in China (CIF) - 2023
The average aluminium hydroxide import price stood at $2,350 per ton in September 2023, waning by -14.7% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 35% month-to-month. As a result, import price attained the peak level of $2,915 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the United Arab Emirates ($4,248 per ton), while the price for South Korea ($1,123 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Hydroxide Exports in China
In 2022, the amount of aluminium hydroxide exported from China expanded markedly to 345K tons, with an increase of 7.4% compared with the year before. In general, exports, however, continue to indicate a noticeable slump.
In value terms, aluminium hydroxide exports expanded sharply to $212M in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, the exports attained the peak of $247M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Aluminium Hydroxide in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 91.1 | 87.5 | 97.6 | 91.3 | 0.1% |
United States | 17.5 | 14.3 | 14.9 | 18.8 | 2.4% |
India | 7.6 | 7.8 | 8.6 | 13.5 | 21.1% |
Japan | 15.7 | 12.4 | 13.2 | 12.4 | -7.6% |
Saudi Arabia | 8.7 | 14.7 | 6.7 | 9.1 | 1.5% |
Vietnam | 14.8 | 53.2 | 13.6 | 9.1 | -15.0% |
Malaysia | 6.3 | 13.3 | 5.2 | 9.0 | 12.6% |
United Arab Emirates | 1.6 | 1.6 | 5.0 | 4.9 | 45.2% |
Philippines | 6.3 | 4.3 | 1.6 | 3.7 | -16.3% |
Peru | N/A | 0.2 | 0.2 | 1.7 | 191.5% |
Others | 28.0 | 38.0 | 33.3 | 38.2 | 10.9% |
Total | 198 | 247 | 200 | 212 | 2.3% |
Top Export Markets for Aluminium Hydroxide from China in 2022:
- South Korea (160.4K tons)
- United States (24.2K tons)
- Japan (23.9K tons)
- Vietnam (22.0K tons)
- Malaysia (18.9K tons)
- India (16.6K tons)
- Saudi Arabia (12.6K tons)
- Philippines (5.2K tons)
- Peru (5.2K tons)
- United Arab Emirates (5.1K tons)
Aluminium Hydroxide Imports in China
In 2022, purchases abroad of aluminium hydroxide decreased by -14.8% to 48K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports attained the peak of 57K tons, and then fell in the following year.
In value terms, aluminium hydroxide imports fell to $94M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 101%. As a result, imports reached the peak of $98M, and then dropped slightly in the following year.
Import of Aluminium Hydroxide in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.0 | 8.7 | 29.8 | 32.0 | 120.1% |
Germany | 19.1 | 20.0 | 29.5 | 25.7 | 10.4% |
South Korea | 6.3 | 7.6 | 14.5 | 12.5 | 25.7% |
Japan | 10.3 | 10.7 | 12.5 | 11.5 | 3.7% |
Denmark | 0.3 | 0.4 | 9.1 | 5.4 | 162.1% |
United Arab Emirates | N/A | N/A | N/A | 5.1 | 0% |
Indonesia | 0.1 | N/A | 1.2 | 0.8 | 100.0% |
Netherlands | 0.8 | 0.9 | 0.6 | 0.4 | -20.6% |
Others | 0.3 | 0.7 | 1.1 | 1.0 | 49.4% |
Total | 40.1 | 49.0 | 98.5 | 94.5 | 33.1% |
Top Suppliers of Aluminium Hydroxide to China in 2022:
- Germany (14.5K tons)
- United States (11.6K tons)
- South Korea (10.3K tons)
- Japan (7.0K tons)
- Indonesia (1.7K tons)
- Denmark (1.5K tons)
- United Arab Emirates (1.1K tons)
- Netherlands (0.5K tons)
This report provides an in-depth analysis of the aluminium hydroxide market in China. 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 20132570 - Aluminium hydroxide
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium hydroxide market in China.
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This report provides an in-depth analysis of the aluminium hydroxide market in China.
This report provides an in-depth analysis of the alumina market in China.
This report provides an in-depth analysis of the artificial corundum market in China.
This report provides an in-depth analysis of the global aluminium hydroxide market.
In February 2023, the price of aluminium hydroxide was $507 per ton (FOB, China), a decrease of -16.5% compared to the previous month.
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