In 2023, China remained the dominant importer of aluminum ores and concentrates, showing a year-on-year growth of 3.48% over the previous year. Other significant importers include Ireland (2.1% growth), Ukraine (1.2% growth), and India (4.08% growth). Notably, the United States experienced a significant decline with a -14.13% decrease. Other notable declines were observed in Japan (-14.99%), the United Arab Emirates (-13.5%), and Russia (-12.12%), suggesting shifts in global trade dynamics.
From a long-term perspective, there have been substantial annual fluctuations among smaller markets, such as Morocco (-35.46%) and Namibia (-26.34%). Nevertheless, some countries like Macedonia (23.5%) and Bulgaria (23.15%) have shown remarkable growth in their import volumes.
Looking forward, future trends to watch in the global import of aluminium ores and concentrates include potential shifts towards alternative supply chain strategies due to geopolitical tensions, possible increases in import volumes from emerging markets, and an emphasis on sustainable sourcing practices influenced by global climate initiatives.
Top countries in Import of Aluminium Ores and Concentrates by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,262,500,000 | 2023 | +4.37% | +3.48% | View data |
| 2 | 2 Ireland | 291,650,000 | 2023 | +2.44% | +2.1% | View data |
| 3 | 3 Ukraine | 219,940,000 | 2023 | +1.33% | +1.2% | View data |
| 4 | 4 India | 198,020,000 | 2023 | +4.79% | +4.08% | View data |
| 5 | 5 Spain | 180,180,000 | 2023 | +0.49% | -0.74% | View data |
| 6 | 6 Canada | 155,830,000 | 2023 | +1.91% | +1.97% | View data |
| 7 | 7 Germany | 124,140,000 | 2023 | -1.25% | -2.59% | View data |
| 8 | 8 France | 99,300,000 | 2023 | +0.58% | -0.87% | View data |
| 9 | 9 United States | 93,328,000 | 2023 | -18.32% | -14.13% | View data |
| 10 | 10 Romania | 92,351,000 | 2023 | +3.11% | +1.74% | View data |