Launched! AlCircle brings new report “Global Aluminium Industry Outlook 2023”

The aluminium industry witnessed an impact in 2022 due to augmented energy prices and the overall challenges encountered with the logistical discrepancies mainly made prominent due to the ongoing Russian-Ukraine geopolitical crisis. With the end of 2022, the entire aluminium sector is moving forward to attain more impressive opportunities in H1 2023. The worldwide demand for aluminium, driven by the quest for more sustainable products, is on an optimistic drive this year. Yet, the harrowing consequences of the prevailing recession in the US and the western countries, alongside the impending inflation rate, are quite a cause for concern.  

To demonstrate a compiled futuristic view, Alcircle has come up with its latest “Global Aluminium Industry Outlook 2023” report that gives the reader a comprehensive approach towards the world of aluminium and its foreseeable conduct in the upcoming days.

The report covers all the aspects of the aluminium value chain, beginning from the upstream to the downstream segment. The report foretells that aluminium consumption will escalate by 1.9 per cent over the year, with an inventory accumulation of 95.3 million tonnes, all attributed to China. 

It has been estimated that aluminium usage is going to heighten from 96.6 million tonnes to 96.9 million tonnes this year. Though slower than the growth rate of the previous year, this demand for aluminium will increase solely due to the transportation sector, as many car companies are venturing into the application of aluminium as a raw material in making their components. 

Moreover, the call for sustainable drives globally will coax the entire aluminium value chain into becoming an energy-conscious, sustainable and ecologically balanced sector, with carbon neutrality being the spearhead of every notable movement or initiative. 

In accordance with the rising demand for sustainability, it has been explained in the report how the calculative recycled aluminium usage will rise to 28.3 million tonnes in 2023.

In brief, the “Global Aluminium Industry Outlook 2023” report covers the following: 

• Global aluminium value chain outlook 
• Estimated production across the ecosystem 
• Price analysis, forecast, demand, supply, inventory 
• Trade overview 
• Key drivers and trendsetters
• Top producing and supplying countries/companies
• Development and Investments
• Usage across downstream products 
• Usage across end-use sectors 

This Outlook report can now be availed in both Digital and Print formats. Both the available options, along with their pricing details, are as follows:

Hurry!! To get your copy of the “Global Aluminium Industry Outlook 2023” report, connect with us at booking@alcircle.com or you could directly buy your copy here.