The United Arab Emirates leads as the top importer of Aluminium Oxide, Hydroxide, and Artificial Corundum with $1.38 billion in 2024, a noteworthy position likely driven by its growing industrial activities. Russia and Canada follow with $1.33 billion and $1.21 billion, respectively. China, despite being a major player in the aluminium industry, imports significantly less at $0.93 billion, indicating strong domestic production. The United States and Norway have similar import values, each around $0.66 billion. In the past two years, these countries have shown varying growth rates, with a steady compound annual growth rate (CAGR) observed over the last five years, highlighting consistent demand for these materials.
Future trends to watch include the potential impact of environmental regulations on aluminium production, which could affect import patterns. Furthermore, technological advancements in manufacturing and an increasing push for recycling in the global market may influence future demand and import dynamics for Aluminium Oxide, Hydroxide, and Artificial Corundum.
Top countries in Top Importers of Aluminium Oxide, Hydroxide and Artificial Corundum
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United Arab Emirates | 1,380 | 2016 | |
| 2 | 2 Russia | 1,330 | 2016 | |
| 3 | 3 Canada | 1,210 | 2016 | |
| 4 | 4 China | 933.61 | 2016 | |
| 5 | 5 United States | 662.45 | 2016 | |
| 6 | 6 Norway | 662.17 | 2016 | |
| 7 | 7 Germany | 491.37 | 2016 | |
| 8 | 8 Bahrain | 433.88 | 2016 | |
| 9 | 9 India | 433.73 | 2016 | |
| 10 | 10 Iceland | 428.3 | 2016 |