Mexico Alumina Market Outlook

mexico is one of the major aluminium producers and consumers in the world and its alumina market has experienced significant growth in the past few years. the use of aluminium in construction, automotive, packaging, marine and consumer electronics industries has led to increased demand for alumina in the mexican market. mexico is the fourth-largest producer and consumer of alumina worldwide and the majority of its alumina is supplied by domestic production. the country has multiple active production facilities, including the 600,000 tons per annum (tpa) aluminum smelter at coahuila and the 633,000 tpa alumina refinery at tepic. additionally, nueva sa, cmc metals, and compañía minera autlan all produce significant amounts of alumina for the mexican market. due to the presence of large integrated aluminium producers in the country, mexico has an abundant supply of alumina. the market is expected to remain stable in the near future, driven largely by steady domestic demand from aluminium producers. however, according to a report prepared by global market insights, inc., in 2018, mexico imported approximately 423,701 tonnes of alumina, which accounted for almost all of the country’s supply. this figure is expected to grow in the next few years, driven primarily by increased demand from the expanding automotive sector. despite the growth in domestic production and imports, the market for alumina in mexico is facing some challenges in the form of regulatory policies and environmental concerns. additionally, the current prices of alumina are projected to remain at a stable level or increase marginally over the forecast period. despite some challenges in the market, mexico's alumina market is expected to remain healthy over the forecast period (2018-2032). this is due to increasing domestic production and imports, coupled with sustained demand from the automotive and electronics industries. additionally, the adequate availability of raw materials and infrastructure in the country should support further growth in the alumina market.