
The global aluminium powder and flakes market in terms of value is estimated to grow to US$1060 million by 2024 from US$910 million in 2019, growing at a CAGR of 2.5 per cent. The key players in the industry, such as Australia, are expected to cash on the opportunities that abound the market during this period. Being one of the world’s leading aluminium producing countries, Australia is expected to be one of the prime sourcing epicentres.
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{alcircleadd}According to the available data, Australia in 2019 is expected to export around 13,112 tonnes of aluminium powder and flakes, up 6 per cent from 2018. Australia’s aluminium powder and flakes exports have been growing year over year since 2016. In 2017, the country had exported approximately 10,486 tonnes, up 46 per cent from 7,175 tonnes in 2016. The amount of export further grew in 2018 to 12,355 tonnes, up 18 per cent from the previous year.

However, despite a year-on-year growth in Australia’s estimated aluminium powder and flakes export volume this year, the value is foreseen to remain restraint at US$33 million, according to our third-party data. In 2018, the country’s export value was at US$33 million after rising 27 per cent from 2017. Even in the year 2017, Australia’s export value had grown 37 per cent to US$26 million from US$19 million in 2016. Hence, it is only this year that Australia is estimated to see no growth in export value.

The United States is estimated to be the leading buyer of aluminium powder and flakes from Australia in 2019, followed by China and South Korea. The US is likely to secure 6,532 tonnes valued at US$21 million and China and South Korea 2909 tonnes at US$0.3 million and 1170 tonnes at US$2 million, respectively.
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