In 2023, the global import of aluminum oxide showed significant variation among countries. Russia led the imports at $2.24 billion, with an increase of 0.9% year-on-year, while the United Arab Emirates and Canada followed at $1.74 billion and $1.73 billion, respectively. There were noticeable declines in Canada (-3.32%) and the United States (-2.1%). Other major importers such as India and Norway saw increases of 3.42% and 0.83%, respectively. Noteworthy are the sharp rises in imports from Azerbaijan (18.99%), Mozambique (10.79%), and Nigeria (7.35%), while declines were evident in countries like China (-16.51%) and Bosnia and Herzegovina (-13.49%).
Future trends to watch in the global import of aluminum oxide include:
- Emerging markets like Nigeria and Kazakhstan showing strong growth potential.
- Possible shifts in supply chains due to geopolitical tensions and trade policies affecting key players like Russia and China.
- Technological advancements driving demand in countries with expanding industrial sectors such as India and the United Arab Emirates.
- Environmental regulations influencing import patterns, particularly in Europe and North America.
Top countries in Import of Aluminium Oxide by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 2,242,600,000 | 2023 | +2.58% | +0.9% | View data |
| 2 | 2 United Arab Emirates | 1,743,500,000 | 2023 | +1.88% | +0.53% | View data |
| 3 | 3 Canada | 1,728,900,000 | 2023 | +1.75% | -3.32% | View data |
| 4 | 4 India | 1,670,800,000 | 2023 | +5.54% | +3.42% | View data |
| 5 | 5 Norway | 1,102,800,000 | 2023 | +2.47% | +0.83% | View data |
| 6 | 6 Bahrain | 996,720,000 | 2023 | +4.32% | +1.92% | View data |
| 7 | 7 Iceland | 940,700,000 | 2023 | +3.7% | +2.15% | View data |
| 8 | 8 Malaysia | 742,880,000 | 2023 | +4.77% | +4.92% | View data |
| 9 | 9 South Africa | 706,770,000 | 2023 | +2.34% | +0.45% | View data |
| 10 | 10 United States | 692,970,000 | 2023 | +0.21% | -2.1% | View data |