In 2023, China's dominance in the global import of aluminium ores and concentrates continued, capturing over 73% of the market share, driven by a 3.48% growth from the previous year. Ireland, Ukraine, and India also showed positive growth rates, whereas countries like the United States and Japan experienced notable declines of over 14%, reflecting shifting demands and market dynamics. While some European nations like Greece and France depicted steady imports, several regions saw downturns.
Future trends to watch include China's ongoing influence and potential fluctuations due to economic adjustments. Attention should be given to emerging markets such as India, with over 4% growth, and Middle Eastern countries like Saudi Arabia, which showed strong double-digit growth, indicating diversification in sourcing and regional geopolitical impacts. As global economic factors shift, monitoring these variations will be crucial for stakeholders.
Top countries in Import of Aluminium Ores and Concentrates Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73.08 | 2023 | +4.37% | +3.48% | View data |
| 2 | 2 Ireland | 4.05 | 2023 | +2.44% | +2.1% | View data |
| 3 | 3 Ukraine | 3.05 | 2023 | +1.33% | +1.2% | View data |
| 4 | 4 India | 2.75 | 2023 | +4.79% | +4.08% | View data |
| 5 | 5 Spain | 2.5 | 2023 | +0.49% | -0.74% | View data |
| 6 | 6 Canada | 2.16 | 2023 | +1.91% | +1.97% | View data |
| 7 | 7 Germany | 1.72 | 2023 | -1.25% | -2.59% | View data |
| 8 | 8 France | 1.38 | 2023 | +0.58% | -0.87% | View data |
| 9 | 9 United States | 1.3 | 2023 | -18.32% | -14.13% | View data |
| 10 | 10 Romania | 1.28 | 2023 | +3.11% | +1.74% | View data |
