DUBLIN--(BUSINESS WIRE)--The "Research Report on Electrolytic Aluminum Industry of China, 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The report estimates that from 2018 to 2022, the development of the electrolytic aluminum industry will be enhanced considering that China's economy will maintain an annual growth rate of above 6% and that the urbanization will keep rising. Besides, the constant development of the real estate and the steady growth of electric power, transportation, packaging, electronics and daily consumer goods will also give a boost to the electrolytic aluminum industry.
China is the world's largest producer of electrolytic aluminum, making up over half of the global output. Its production has kept growing in recent years. In 2017, the production volume of electrolytic aluminum reached 32.27 million tons, with the CAGR of 10.1% from 2007 to 2017. During the same period, the output of electrolytic aluminum declined in other regions of the world. The terminal consumption of electrolytic aluminum in China is mainly concentrated in three areas: real estate, electronic power and transportation. Other important sectors in the downstream include machinery manufacturing and packaging materials.
As the Chinese government imposes a 15% tariff on the export of electrolytic aluminum, the export volume is in a small quantity. However, that of aluminum products is large. In 2017, the export volume of aluminum products reached 4.24 million tons. Considering that some export enterprises may misreport product types, the actual number may be even larger. The exported aluminum products of China are faced with a great number of international trade disputes.
The U.S, Canada, Australia have all initiated anti-dumping and anti-subsidy investigations on China-made aluminum products. On Mar. 8, 2018, U.S. president Donald J. Trump signed a joint statement on steel and aluminum at the White House, announcing that since Mar. 23, a 25% tariff would be imposed on imported steel and a 10% tariff on imported aluminum products. In 2017, the export value of aluminum and its products to the U.S. was about USD 3.7 billion, accounting for nearly 30% of the total exports. Accordingly, this move of the U.S. is expected to have a detrimental effect on China's exports of aluminum products in 2018.
The report shows that the production costs of electrolytic aluminum mainly include raw materials, energy and manpower. The most important two are aluminum oxide and electricity, which account for 60 to 70% of the aggregate costs. China holds less than 5% of bauxite reserves in the world, while its production capacity of electrolytic aluminum reaches more than 50% of the globe.
- Policies of Chinese Government on Electrolytic Aluminum Industry
- Analysis on Supply and Demand of Electrolytic Aluminum in China
- Imported Bauxite
- Price Trend of Electrolytic Aluminum
- Analysis on Competition of Electrolytic Aluminum Industry in China
- Analysis on Electrolytic Aluminum Manufacturers in China
- Export of China's Aluminum Products
- Anti-dumping Investigation into China's Exported Aluminum Products
- Market Opportunities and Driving Forces of China Electrolytic Aluminum Industry, 2018-2022
- Threats and Challenges of China Electrolytic Aluminum Industry, 2018-2022
- Analysis on Supply and Demand of China Electrolytic Aluminum Industry, 2018-2022
- Aluminum Corporation of China Limited (CHINALCO)
- China Hongqiao Group
- Xinfa Group Co., Ltd.
- SPIC Aluminum & Power Investment Co., Ltd.
- Xinjiang East Hope Non-ferrous Metal Co., Ltd.
- Gansu Dongxing Aluminum Co., Ltd.
- Henan Shenhuo Group Co., Ltd.
- Hunan Zengshi Aluminum Group
- Yunnan Aluminum Limited Liability Company (YNLY)
- Hangzhou Jinjiang Group Co., Ltd.
- Sichuan Qiya Aluminum Group
For more information about this report visit https://www.researchandmarkets.com/research/j28mnn/research_report?w=4