Bauxite and Alumina Market in the World to witness 2.8% CAGR Through 2017

In 2012, the worldwide bauxite production reached 263,000 tonnes, registering a 1.3% YoY increase. In the same year, the overall alumina supply volume stood at more than 92,000 tonnes, recording just a 0.7% YoY increase. Australia, China, Brazil, Indonesia and India were the top five bauxite manufacturing countries; in 2012 their combined share of the world bauxite production was equivalent to around 78%. Meantime, the major five alumina manufacturing countries in 2012 included China, Australia, Brazil, the US and India.

The global bauxite and alumina market is poised to see positive growth at a CAGR of around 2.8% through 2017. Nevertheless, the overall market will likely face such challenges like skyrocketing energy prices, increasing feedstock costs and weak steel industry demand. Asia is expected to pose the largest demand growth. In 2016, the world bauxite supply volume is predicted to exceed 293,500 tonnes, whilst the world total alumina supply volume is forecast to surpass the 103,000 tonnes mark.

An all-round assessment and forecast of world, regional and country markets for bauxite and alumina can be found in the topical research report “Bauxite and Alumina: 2014 Market Review and Forecast” worked out by Merchant Research & Consulting and recently published by Market Publishers Ltd. The study provides a profound insight into the actual situation and historical evolution of the bauxite and alumina market; presents future industry forecasts; contains cutting-edge data illustrating bauxite and alumina capacities, production, consumption trends, foreign trade statistics, and regional price fluctuations.