Global aluminium Market to be worth $76billion in 2013

Monday 16 September 2013, Amsterdam

Our analysis indicates that the global aluminium market will be worth $76 Billion in 2013, and will be driven by growth in the developing markets, in addition to a number of favourable consumer trends.

The author of The Aluminium Market Analysis, Financials and Forecasting 2013-2023 report commented that “The previous year has seen a continuation of volatility in aluminium market prices, with prices increasing from $1843 per tonne in August 2012, to a high of $2087 per tonne in December 2012, to current prices of $1842 per tonne. At current market prices,  that 33% of aluminium producers are operating at a loss. A few nations have seen government intervention to absorb losses by aluminium producers, or providing tax breaks or cheaper energy. This government intervention is resulting in a large quantity of over-supply of aluminium suppressing prices further. Excessive warehousing of aluminium is also a result of the over-supply, with an estimated 5.5 million tonnes stored”

However the global aluminium market will exhibit growth over 2013-2023 and this will be driven by growth in the emerging markets. The emerging markets will be characterised by clear immaturity and strong economic growth and this will increase the quality and quantity of consumer purchases. The low energy costs will also see aluminium production shift towards the Middle East and North West China.

The 145 page report contains 140 tables, charts and graphs that add visual analysis in order to explain developing trends within the aluminium market. We provide forecasts for the global aluminium market over 2013-2023 by consumption (tonnes) a composite aluminium price forecast and a market value forecast($bn). 6 end use consumption submarkets are analysed and forecasted and these are Transportation, Construction, Packaging, Electrical, Machinery and Consumer Goods and Other. In addition, 15 leading regional and national aluminium markets are forecast and analysed over the period 2013-2023. The analysis and forecasting has been informed by consultation with industry experts and an interview from UC Rusal and Silver Ice Beverages is included within the report. The report also provides profiles and market share data for the 10 leading companies operating within the aluminium market.

The Aluminium Market Analysis, Financials and Forecasting 2013-2023 report will be of value to current and future potential investors into the aluminium industry, as well as companies and research centres who wish to broaden their knowledge of the aluminium market.