In 2023, China dominated the global import market for aluminium ores and concentrates, accounting for over 78% of the share. Key players following China included Ukraine, Ireland, and the United States, albeit with much smaller shares. Notable year-on-year changes in 2023 showed China's imports increasing by 3.72%, while the U.S. saw a significant decline of 7.22%. Import growth was also observed in India, Greece, and Kuwait. Cumulative growth over the past five years showed consistent trends with China at the forefront while smaller economies like Bulgaria and Finland demonstrated significant growth.
Future trends to watch in the global import landscape for aluminium ores include the potential impacts of geopolitical tensions on trade policies, the shift towards sustainable sourcing, and China's continued control over market share. Emerging markets like India and nations in Eastern Europe might influence global dynamics if their import capabilities expand over the coming years.
Top countries in Import of Aluminium Ores and Concentrates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 78.19 | 2023 | +4.24% | +3.72% | View data |
| 2 | 2 Ukraine | 4.24 | 2023 | +1.52% | +1.15% | View data |
| 3 | 3 Ireland | 3.94 | 2023 | +1.26% | +1.74% | View data |
| 4 | 4 United States | 2.41 | 2023 | -8.98% | -7.22% | View data |
| 5 | 5 Germany | 2.05 | 2023 | +0.46% | -0.22% | View data |
| 6 | 6 India | 1.93 | 2023 | +4.98% | +5.34% | View data |
| 7 | 7 Romania | 1.63 | 2023 | +3.05% | +2.64% | View data |
| 8 | 8 Croatia | 1.03 | 2023 | +6.13% | +3.52% | View data |
| 9 | 9 Greece | 0.71 | 2023 | +4.14% | +4.75% | View data |
| 10 | 10 South Korea | 0.34 | 2023 | +1.37% | +1.18% | View data |
