Economics

How the World Aluminium Market Works

It may be hard to believe but only 150 years ago aluminium was considered to be silver from clay and an extremely expensive kind of metal. Today, aluminium ranks number two in the consumption volumes among all the metals, surpassed only by steel. In the coming decades the demand for aluminium will continue increasing at unstoppable rates. Recent developments in the motor industry, the rapid growth of cities, new potential uses of aluminium as a substitute to copper in the power industry – these and many other trends mean that the winged metal is well placed to strengthen its dominant position as a key structural material of the 21st century.

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Volume of production bauxite, alumina
and aluminium in the world (mt)

Africa
-
-
Asia
-
-
Oceania
-
-
Russia
-
-
Europe
-
-
Near East
-
-
North America
-
-
Latin America
& Caribbean

-
-
Africa
-
-
Asia
-
-
Oceania
-
-
Russia
-
-
Europe
-
-
Near East
-
-
North America
-
-
Latin America
& Caribbean

-
-
Africa
-
-
Asia
-
-
Oceania
-
-
Europe and Russia
-
-
North America
-
-
Latin America
& Caribbean

-
-
Africa
Asia
Europe
South America
Near East
North America
Australia
Russia
Africa
North America
South America
Near East
Asia
Europe
Russia
Australia
Africa
North America
South America
Asia
Europe
Australia

World’s largest aluminium producers

Source: CRU, companies data
kt
5 000
4 000
3 000
2 000
1 000
0
UC Rusal
6.7%
Chalco
6.2%
Rio Tinto
6.2%
Hongqiao Group
5.8%
Alcoa
5.8%
CPI
4.9%
EGA
(Dubal+Emal)
4.3%
Xinfa
4.3%
Norsk
Hydro
3.6%
East
Hope
2.6%
uc Rusal
chalco
rio tinto
hongqiao
group
alcoa
cpi
ega
(dubai + emal)
xinfa group
norsk hidro
east hope
total
Source: CRU, companies data

Aluminium production
and consumption in the world (kt)

Consuption
Production
kt
60 000
50 000
40 000
30 000
20 000
10 000
0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
year
consuption
productioin
2000
24507
24067
2001
23598
24176
2002
25196
25795
2003
27744
28039
2004
30513
29972
2005
32638
32677
2006
34457
33962
2007
37933
38130
2008
37330
40162
2009
34345
37724
2010
41047
42024
2011
45041
46075
2012
47414
47988
2013
50339
50596
2014
54091
54126
Source: CRU
Source: CRU

Aluminium consumption by industry (kt)

20 245 (27%)
Transport
3 775 (5%)
Consumer goods
6 852 (9%)
Machinery & equipment
19 025 (25%)
Construction
11 693 (16%)
Foil and packaging
9 929 (13%)
Electrical engineering
3 926 (5%)
Other
20 245 (27%)
Transport
19 025 (25%)
Construction
11 693 (16%)
Foil
and packaging
9 929 (13%)
Electrical
engineering
6 852 (9%)
Machinery
& equipment
3 775 (5%)
Consumer goods
3 926 (5%)
Other
Source: CRU
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