In 2023, Russia and the United Arab Emirates led global imports of aluminum oxide, hydroxide, and artificial corundum, with notable increases of 0.95% and 0.57%, respectively. Canada experienced a decline of 3.19%, while India saw a growth of 3.43%. Significant growth was noted in Malaysia (4.8%), Egypt (5.11%), and Nigeria (5.89%). Other countries like China showed a notable decline of 12.5%. Over the past five years, the compound annual growth rate revealed a resilient industry despite some regional fluctuations.
Looking ahead, potential trends include increased import activity in emerging markets driven by infrastructure development and technological advancements in aluminum processing, while established markets might witness stabilization or slight shifts reflective of regional economic conditions and environmental regulations.
Top countries in Import of Aluminium Oxide, Hydroxide and Artificial Corundum by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 2,317,100,000 | 2023 | +2.57% | +0.95% | View data |
| 2 | 2 United Arab Emirates | 1,802,500,000 | 2023 | +2.01% | +0.57% | View data |
| 3 | 3 Canada | 1,768,000,000 | 2023 | +1.76% | -3.19% | View data |
| 4 | 4 India | 1,707,200,000 | 2023 | +5.52% | +3.43% | View data |
| 5 | 5 United States | 1,181,900,000 | 2023 | +1.27% | -0.56% | View data |
| 6 | 6 Norway | 1,122,900,000 | 2023 | +2.46% | +0.83% | View data |
| 7 | 7 Bahrain | 997,080,000 | 2023 | +4.32% | +1.92% | View data |
| 8 | 8 Iceland | 940,690,000 | 2023 | +3.7% | +2.15% | View data |
| 9 | 9 Germany | 817,210,000 | 2023 | +2.62% | +1.49% | View data |
| 10 | 10 Malaysia | 766,960,000 | 2023 | +4.68% | +4.8% | View data |
