", World Atlas. Western European primary aluminium production has been sliding since 2017 but Russia's invasion of Ukraine and the resulting spike in energy prices have accelerated the downtrend. A paid subscription is required for full access. The USGS estimates domestic production was running at just 52% of capacity at the end of last year with import dependency growing to 54% from 41% in 2021. It helps me be seen as an advisory partner and that makes a big difference. This can help shape conversations with clients to ensure they make the right strategic decisions for their business. Aluminium is used directly in all new energy technology, particularly in solar power, where it accounts for 85% of photovoltaic (PV) components in the form of the frames that hold the PV panels together. "Consumption of refined primary aluminum in European countries in 2021 (in 1,000 metric tons)." This statistic is not included in your account. 181. (May 4, 2022). Production (In thousand metric dry tones. This belt includes large deposits of Bauxite located in the Southern part of Vietnam extending westward to Cambodia and Laos. To use individual functions (e.g., mark statistics as favourites, set In 2021, it ranked third in the world in the production of industrial diamonds. This article is about the ore. For the town in Arkansas, see, "The Clay Minerals Society Glossary for Clay Science Project", "Analyse de l'alumine hydrate des Beaux, dpartement des Bouches-du-Rhne", "De la prsence du vanadium dans un minerai alumineux du midi de la France. Top 10 richest mineral-producing countries in Africa. to incorporate the statistic into your presentation at any time. As a Premium user you get access to the detailed source references and background information about this statistic. "Natural Gas Total Proved Reserves," Page 36. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). This South American country has natural resources estimated at $14.3 trillion. Yuan vs. Renminbi: What's the Difference? It has the third-largest oil deposits after Venezuela and Saudi Arabia. Show publisher information Bauxite consists mostly of the aluminium minerals gibbsite (Al(OH)3), boehmite (Y-AlO(OH)) and diaspore (-AlO(OH)), mixed with the two iron oxides goethite (FeO(OH)) and haematite (Fe2O3), the aluminium clay mineral kaolinite (Al2Si2O5(OH)4) and small amounts of anatase (TiO2) and ilmenite (FeTiO3 or FeO.TiO2). Please see the list services page for more information. ), construction (windows, doors, siding, etc), consumer durables (appliances, cooking utensils, etc. Nonrenewable resources like fossil fuels and mined metals have finite reserves depleted by extraction. In South Eastern Australia the major deposits are found in Great Dividing Range and Tasmania. But there is a slight decrease in the domestic production of bauxite in China. Then you can access your favorite statistics via the star in the header. Column: Aluminium is the West's critical minerals blind spot Use Ask Statista Research Service, Leading aluminum producers worldwide by production output 2021, Leading countries in worldwide bauxite mine production 2022, Global smelter aluminum production by leading country 2022, Average prices for aluminum worldwide from 2014 to 2024, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. This vast country has an estimated $33.2 trillion worth of natural resources. Europe's primary aluminium sector is facing an existential crisis, according to Europe Aluminium's general secretary Paul Voss, speaking at a forum jointly hosted with Eurometaux last month. What Is a Commodity and Understanding Its Role in the Stock Market. A paid subscription is required for full access. "Leading Countries Worldwide Based on Natural Resource Value as of 2021.". ", U.S. Energy Information Administration. The amount of aluminium used in European cars increased by 18% from 174kg in 2019 to 205kg in 2022, according to automotive consultancy Ducker Carlisle in a report commissioned by European Aluminium. It thus excludes alloying additives and recycled aluminium. Australia holds the worlds second largest proven Bauxite reserves. According to a research report conducted by the research and analysis division of The Economist Group, the sister company to The Economist newspaper, Economist Intelligence Unit, South Africa, Nigeria, Algeria, Angola, and Libya produce more than two-thirds of Africa's mineral wealth, owing to their large oil reserves, with the exception of South Africa, which has an abundance of gold and other precious materials. Mineral Dependence - Statistical Compilation of U.S. and World Mineral Production, Consumption, and Trade, 1990-2010. Thanks for signing up for our daily insight on the African economy. It's estimated that Russia's natural resources are valued at $75 trillion. Sign up to receive regular alerts for our latest analysis and reports. 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Show sources information document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Enter your email address to subscribe to this blog and receive notifications of new posts by email. Meanwhile, half of banks expect the US . The Biggest Oil Producers in Latin America, Top 25 Developed and Developing Countries, Oil Price Analysis: The Impact of Supply and Demand. [3][4], Numerous classification schemes have been proposed for bauxite but, as of 1982[update], there was no consensus. Timber is another major natural resource found in the country, as is arable land. I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. List of countries by primary aluminium production - Wikipedia A common practice since the early 1900s, aluminum recycling is not new. Required fields are marked *. The top five countries - Guinea, Australia, Vietnam, Brazil and Jamaica alone holds more than 75 percent of the world's total Bauxite reserves. China Mine production: 40 million MT First on this list of aluminum-producing countries is China. ), packaging (cans, foil, etc. 9For Australia, Joint Ore Reserves Committee-compliant reserves were 1.1 million tons. AuthorMadhav/Posted onJuly 18, 2020August 8, 2022Leave a comment. Investopedia does not include all offers available in the marketplace. The GlobalData platform is our go-to tool for intelligence services. Shale Oil: Overview, Benefits and Examples, Middle East and North Africa (MENA): Countries and Economy, Organization of the Petroleum Exporting Countries, Leading Countries Worldwide Based on Natural Resource Value as of 2021, The Mineral Industry of Russia in 2017-2018, BP Statistical Review of World Energy 2021: Oil. Looking to stay on top of industry & market trends? However, it is the recycling of aluminum cans that seems to have the highest profile. Leading aluminum producers worldwide by production output 2021, Global smelter aluminum production by leading country 2022, Average prices for aluminum worldwide from 2014 to 2024, U.S. imports of aluminum for consumption 2010-2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. North, West and South Eastern Australian Belt. The following table shows the list of countries with the largest bauxite production in 2019 (Source: US Geological Survey, 2020):-. You only have access to basic statistics. Alcoa, from the United. Special focus on the environmental impact, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. Statista. Global bauxite resource distribution is relatively concentrated. Read about the pros and cons of shale oil. Unblock notifications in browser settings. Data is expressed in million metric dry tons. Its other natural resources include alumina, iron ore, copper, tin, gold, silver, uranium, nickel, tungsten, rare earth elements, mineral sands, lead, zinc, and diamonds. Primary aluminium production is defined as the quantity of primary aluminium produced in a defined period. The United States has the world's largest proven coal reserves. Australia, China, and Guinea were the most dominant bauxite-producing countries in 2022, having produced 100 million, 90 million, and 86 million metric tons of bauxite, respectively, that year. Subscribe to receive an email notification when a new publication is added to this page. Statista. In. While the U.S. market can lean on Canada for primary aluminium supply, Europe has traditionally relied on Russia, now a highly problematic long-term partner. Copper Best Resources and Information on the Metal, Lead Metal Reserves and Production Worldwide. A 2018 estimate found that 61.9% of its land was forested and 23.5% was permanent pasture. "By setting the decarbonization conditionality for supply-side support and simultaneously increasing demand across multiple sectors, the United States entraps itself in this cycle," SAFE contends. ", World Bureau of Metal Statistics, Consumption of refined primary aluminum in European countries in 2021 (in 1,000 metric tons) Statista, https://www.statista.com/statistics/1027807/europe-primary-aluminum-consumption-by-country/ (last visited June 04, 2023), Consumption of refined primary aluminum in European countries in 2021 (in 1,000 metric tons) [Graph], World Bureau of Metal Statistics, May 4, 2022. They also balance the ecosystem by nurturing and protecting countless species of flora and fauna. Statista. Aluminium for the future: Modelling the global - ScienceDirect Secure .gov websites use HTTPS Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and dont have to search for news. Timber is also a valuable natural resource. In, US Geological Survey. PDF Aluminum Data Sheet - Mineral Commodity Summaries 2020 Arable land, pistachios, saffron, and fruits also contribute to the estimated value. Aluminum recovery from scrap (recycling) has become an important component of the aluminum industry. Is Africa The Next Big Market For Cryptocurrencies? Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Statista. The main deposits of this belt occur in Guinea. 03925319, Future of Construction in Asia Pacific - Report Bundle (6 Reports), Digital Health - Report Bundle (5 Reports), Future Of Work - Report Bundle (5 Reports), Trends in Medical Devices - Report Bundle (7 Reports), Metaverse Market Size, Share, Trends, Analysis and Forecasts, Apparel Resale Market Size and Trend Analysis by Category, Segments and Region, Consumer Attitudes and Competitive Landscape, 2016-2026, Construction Market Size, Trends and Growth Forecasts by Key Regions and Countries, 2022-2026, State of the Biopharmaceutical Industry 2023, United Kingdom (UK) Pensions Market Size, Trends, Competitive Landscape and Forecasts, 2022-2026, Metaverse Market Size, Share, Trends, Analysis and Forecasts By Vertical (BFSI, Retail, Media and Entertainment, Education, Aerospace and Defense, Manufacturing, Others), Component Stack (Hardware, Software, Services), Region and Segment 2022-2030. (January 31, 2023). It was the world's third-largest natural gas producer in 2019. Aluminium - Analysis - IEA - International Energy Agency Russia holds the world's largest proved natural gas reserves at 1.32 quadrillion cubic feet, accounting for nearly 20% of the global total as of 2020. This Bauxite belt includes Guiana shield, north coastal plains of Guiana, Suriname, French Guiana, Amazon basin and the northern part of the central Brazil Shield. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries. Aluminum companies In 2020, the leading producer of primary aluminum worldwide was Chalco from China. Get in touch with the team to see how GlobalData can help. Regardless, the continent will continue to be a key exporter of a number of commodities. Bauxite is a sedimentary rock with a relatively high aluminium content. Read about OPECs impact on oil supply and prices. This way we understand our customers business and also gain insight to our unique industry. "If the political signal is this material isn't very important, of course you could just let it go to the wall," he said. Even allowing for greater recycling, the world will need another 25 million tonnes of primary production capacity if it is to meet its emissions reduction goals, according to the IAI. High energy costs, particularly in Europe, have caused multiple smelters to close or curtail output with the result that run-rates are the lowest this century. Africa is home to nearly all valuable minerals that are essential to generating wealth, producing commodities, and advancing technology. Artificial Intelligence: Leading technology companies, Cybersecurity: Leading technology companies, Electric Vehicles: Leading technology companies, Transportation, Infrastructure and Logistics. ", US Geological Survey, Countries with the largest bauxite reserves worldwide as of 2022 (in million metric tons) Statista, https://www.statista.com/statistics/271671/countries-with-largest-bauxite-reserves/ (last visited June 04, 2023), Countries with the largest bauxite reserves worldwide as of 2022 (in million metric tons) [Graph], US Geological Survey, January 31, 2023. Indonesia and Malaysia holds other significant deposits in this belt.