Freedonia In The News

Article Title: World demand for aluminum to reach 82.5 million metric tons in 2017
By: Rebecca Eve Schweitzer
Publication: Food & Beverage Packaging, 11/26/2013
Freedonia Study: World Aluminum (3070)

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World demand for aluminum (primary and secondary/recycled) is projected to expand 5.8 percent per year through 2017 to 82.5 million metric tons. Of the 20 million additional metric tons of demand in 2017, nearly 11.5 million metric tons will be accounted for by China. The country is also a significant aluminum producer and ran a trade surplus of 700,000 metric tons in 2012. In fact, China’s trade surplus and an associated global supply glut were largely to blame for a significant drop in global aluminum prices in 2012. These and other trends are presented in World Aluminum, a new study from The Freedonia Group, Inc. (freedoniagroup.com), a Cleveland-based industry market research firm.
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Article Title: Global Aluminum demand to advance by 5.9% annually through 2017
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Publication: Metal.com, 1/21/2014
Freedonia Study: World Aluminum (3070)

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Global demand for aluminum (including primary and secondary/recycled) is forecast to expand 5.9 percent per annum through 2017 to 86.5 million metric tons. China will pace growth and increase its share of global demand from 43 percent in 2012 to 48 percent in 2017, as per the latest Freedonia industry study. Demand will strongly increase in all developing regions, with the Asia/Pacific region leading the way. Rising disposable incomes in developing countries will result in a healthy expansion in demand for key aluminum consuming products such as motor vehicles, food and beverage packaging, and durable goods.
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