In 2023, Australia led the global market in the export of aluminium oxide, hydroxide, and artificial corundum, with the value reaching $4.24 billion. This was significantly ahead of the second-largest exporter, Brazil, which recorded $2.42 billion. Germany, China, and the United States were also notable players, each contributing between $0.6 to $0.7 billion. Ireland, Jamaica, India, Kazakhstan, and France followed, with values ranging from approximately $0.3 billion to $0.5 billion. Over the past two years, significant year-on-year growth has been observed, particularly in Australia, Brazil, and China. The last five years demonstrated a consistent increase, especially for Australia and Brazil, reflected in a solid Compound Annual Growth Rate (CAGR).
Looking ahead, the global demand for aluminium oxide and related products is anticipated to continue rising, driven by increasing applications across industries such as electronics, automotive, and aerospace. High growth is expected in emerging markets, particularly in Asia and Latin America, with technological advancements and environmental regulations influencing production and export capabilities. Watching geopolitical dynamics and currency fluctuations will also be crucial in predicting future trade patterns and opportunities within this sector.
Top countries in Top Exporters of Aluminium Oxide, Hydroxide and Artificial Corundum
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Australia | 4,240 | 2016 | |
| 2 | 2 Brazil | 2,420 | 2016 | |
| 3 | 3 Germany | 671.39 | 2016 | |
| 4 | 4 China | 649.67 | 2016 | |
| 5 | 5 United States | 633.03 | 2016 | |
| 6 | 6 Ireland | 479.19 | 2016 | |
| 7 | 7 Jamaica | 457.67 | 2016 | |
| 8 | 8 India | 419.25 | 2016 | |
| 9 | 9 Kazakhstan | 317.93 | 2016 | |
| 10 | 10 France | 266.04 | 2016 |