China - Bauxite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBauxite Price in China - 2023
Contents:
- Bauxite Price in China (CIF) - 2022
- Bauxite Price in China (FOB) - 2023
- Bauxite Imports in China
- Bauxite Exports in China
Bauxite Price in China (CIF) - 2022
In 2022, the average bauxite import price amounted to $59 per ton, surging by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Guinea ($64 per ton), while the price for India ($39 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Bauxite Price in China (FOB) - 2023
In June 2023, the average bauxite export price amounted to $450 per ton, with a decrease of -20.5% against the previous month. Overall, the export price recorded a slight decline. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 492% against the previous month. The export price peaked at $650 per ton in November 2022; however, from December 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Russia ($635 per ton), while the average price for exports to Croatia ($330 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bauxite Imports in China
In 2022, the amount of bauxite imported into China skyrocketed to 125M tons, with an increase of 17% against the year before. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, bauxite imports soared to $7.4B in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Bauxite in China (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guinea | 2.5 | 2.4 | 2.7 | 4.5 | 21.6% |
Australia | 1.6 | 1.5 | 1.5 | 1.6 | 0.0% |
Indonesia | 0.7 | 0.9 | 0.9 | 1.2 | 19.7% |
Others | 0.3 | 0.2 | N/A | 0.1 | -30.7% |
Total | 5.1 | 5.0 | 5.1 | 7.4 | 13.2% |
Top Suppliers of Bauxite to China in 2022:
- Guinea (70.4M tons)
- Australia (34.1M tons)
- Indonesia (19.0M tons)
Bauxite Exports in China
In 2022, the amount of bauxite exported from China totaled 50K tons, with an increase of 15% against the previous year. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 23%.
In value terms, bauxite exports soared to $12M in 2022. Overall, exports, however, recorded a deep downturn.
Export of Bauxite in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.0 | 1.8 | 3.2 | 6.2 | 7.4% |
Croatia | 2.6 | 1.8 | 1.6 | 1.6 | -14.9% |
Russia | 3.3 | 2.7 | 0.8 | 1.3 | -26.7% |
Belgium | N/A | N/A | N/A | 1.2 | 0% |
India | N/A | N/A | N/A | 1.1 | 0% |
Netherlands | N/A | N/A | 0.6 | 0.4 | -33.3% |
South Korea | 1.1 | 0.2 | 0.1 | N/A | -69.8% |
Japan | 0.4 | 0.8 | 0.4 | N/A | 0.0% |
United States | 1.4 | N/A | N/A | N/A | 0% |
Turkey | 1.7 | 0.1 | N/A | N/A | -94.1% |
Others | 0.4 | N/A | N/A | 0.1 | -37.0% |
Total | 16.0 | 7.5 | 6.7 | 11.9 | -9.4% |
Top Export Markets for Bauxite from China in 2022:
- France (32.4K tons)
- Croatia (6.3K tons)
- Russia (4.6K tons)
- Belgium (2.7K tons)
- India (2.3K tons)
- Netherlands (1.5K tons)
- Japan (0.1K tons)
This report provides an in-depth analysis of the bauxite 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 07291300 - Aluminium ores and concentrates
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 bauxite market in China.
This report provides an in-depth analysis of the global bauxite market.
This report provides an in-depth analysis of the bauxite market in China.
This report provides an in-depth analysis of the global bauxite market.
In September 2021, the price for Guinean bauxite in China reached its highest point in 18 months. The military coup in Guinea has caused concerns that shipments from the country will decrease and instigated the spike. Guinea is the world’s primary bauxite supplier, making up more than half of all exports. In case there is a decline in supply from Guinea, China may expand imports from Australia. An increase in bauxite prices could lead to costs for aluminum on China’s domestic market to grow as the country imports nearly 57% of the bauxite it consumes.
Global bauxite market is projected to experience a significant increase in demand over the next seven years, with market volume expected to reach 506M tons and market value estimated at $42B by 2030. China leads in both consumption and production of bauxite, while Guinea dominates in exports. The market is forecasted to show steady growth in the coming years, driven by factors such as increasing demand and fluctuating import and export prices.
Explore the top import markets for bauxite based on the latest data from IndexBox platform. Discover the key countries driving the global demand for bauxite imports.
Discover the world's top import markets for bauxite, the key raw material for aluminum production. China, India, Spain, Ireland, and Germany play crucial roles in meeting the global demand for bauxite.
In September 2021, the price for Guinean bauxite in China reached its highest point in 18 months. The military coup in Guinea has caused concerns that shipments from the country will decrease and instigated the spike. Guinea is the world’s primary bauxite supplier, making up more than half of all exports. In case there is a decline in supply from Guinea, China may expand imports from Australia. An increase in bauxite prices could lead to costs for aluminum on China’s domestic market to grow as the country imports nearly 57% of the bauxite it consumes.
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In value terms, aluminium foil exports totaled $X in 2016. In general, aluminium foil exports continue to indicate a relatively flat trend pattern. Over the period under review, global aluminium foi...
Global bauxite market is projected to experience a significant increase in demand over the next seven years, with market volume expected to reach 506M tons and market value estimated at $42B by 2030. China leads in both consumption and production of bauxite, while Guinea dominates in exports. The market is forecasted to show steady growth in the coming years, driven by factors such as increasing demand and fluctuating import and export prices.
Explore the top import markets for bauxite based on the latest data from IndexBox platform. Discover the key countries driving the global demand for bauxite imports.
Discover the world's top import markets for bauxite, the key raw material for aluminum production. China, India, Spain, Ireland, and Germany play crucial roles in meeting the global demand for bauxite.