The data show that China is the world's largest producer of alumina. In 2010, the global alumina output was 56.355 million tons. China's alumina output reached 28.95 million tons, an increase of 20.14% over the previous year and accounting for 51.38% of the world's total. In 2010, apparent alumina consumption in China reached 33.21 million tons, with an annual growth rate of 14.05%, net imports of 4.26 million tons, bauxite imports of 30.19 million tons, foreign dependence of 39.71%, alumina dependence on foreign countries Up to 47.26%.
With the rapid development of China's electrolytic aluminum, ceramics, pharmaceuticals, electronics, machinery and other industries, the market still has greater room for alumina demand growth, and alumina output will continue to grow. Combined with China's alumina production data from 2005 to 2010, China's alumina output is expected to reach 33 million tons in 2011, an increase of 14%. In 2012, alumina output will continue to grow on the basis of 2011, with output exceeding 38 million tons.
In addition, given the continuous year-on-year growth of the construction under construction in China and the ongoing urbanization, the outlook of the aluminum industry is very optimistic. It is estimated that the alumina demand in China will increase 15% YoY to 38.19mt in 2011, and alumina demand will reach 42mt in 2012, up 10% YoY.