NEWS

Home page

[Annual Summary] Market Review of China's Aluminum Industry in 2022 and Forecast Analysis of Development Prospect in 2023

Release time:

2023-02-06

China Business Intelligence Network News: Aluminum is located in the middle reaches of the aluminum industry chain. The upstream is the production of electrolytic aluminum and recycled aluminum. After adding alloy elements to recycled aluminum or electrolytic aluminum, it is processed into aluminum profiles, plates, strips and foils through extrusion, calendering and other forms, which are widely used in real estate, automobiles, packaging, electricity and other fields. In 2022, under the background of downward pressure on the economy, China's aluminum industry basically maintained a stable operation, with an aluminum output of 62.216 million tons, with Shandong, Henan and Guangdong respectively. In the future, with the recovery and development of domestic downstream industries, the consumption of aluminum is expected to increase and maintain the smooth operation of the industry.

China Business Intelligence Network News: Aluminum is located in the middle reaches of the aluminum industry chain. The upstream is the production of electrolytic aluminum and recycled aluminum. After adding alloy elements to recycled aluminum or electrolytic aluminum, it is processed into aluminum profiles, plates, strips and foils through extrusion, pressing and other forms. It is widely used in real estate, automobiles, packaging, electricity and other fields. In 2022, under the background of downward pressure on the economy, China's aluminum industry basically maintained a stable operation, with an aluminum output of 62.216 million tons, with Shandong, Henan and Guangdong respectively. In the future, with the recovery and development of domestic downstream industries, the consumption of aluminum is expected to increase and maintain the smooth operation of the industry.

Review of the Development Status of Aluminum Industry in 2022 1.

1. Aluminum Output

Aluminum is one of the main varieties of aluminum processing materials. Through different processing methods, various architectural profiles, industrial profiles, aluminum foils, aluminum strips and other products can be made, which are widely used in infrastructure, real estate , transportation, aerospace and other fields downstream. In recent years, China's aluminum production has shown a fluctuating trend, with China's aluminum production reaching 61.052 million tons in 2021, up 7.4 percent year-on-year. In 2022, the national aluminum production was 62.216 million tons, down 1.4 percent from the same period last year. With the gradual recovery of the economy, the demand for aluminum in construction, new energy, photovoltaic and other fields will increase.