After a long time, I have appeared before you to discuss about region-wise projected production capacity of primary aluminium in the World. These data are purely based on information available on public domain.
During last couple of years, the aluminium market was little sluggish which forced many aluminium producers to cut down the production figures / operate at break even level / even a few Smelters were kept shutdown. It's a well known fact that aluminium price always follows a periodic sinusoidal curves. Majority of people involved in aluminium business are well aware of the facts and habituated to face the challenges in such situation. If we look at the present price trend, the LME price for aluminium has taken upward trend and is hovering at around US$ 2000 per tonne of aluminium.
In this post, we thought of sharing forecast for primary aluminium production across the globe as tabulated below:
The world aluminium production figure projected for 2017 clearly indicates the compound annual growth rate (CAGR) figure of around 5.9% taking actual production of aluminium for 2013 as the base figure. The project CAGR of 5.9% is a promising figure compared to past CAGR figure of around 3% for previous decades.The tabulated figures have been assimilated from various published literature, international journals, balance sheets of companies and some data directly collected through interaction with the experts of aluminium field across the globe. These data are authentic and reliable and have been published here in the interest of friends of aluminium fraternity as a piece of information. However, these data may be cross-checked before taking any financial decisions.
The author of this article will be pleased to have additional data / information from experts or any individual related to the subject.
We will welcome your comments / remarks.