2024 to 2025: Learn how the previous AL year influences the upcoming one
Recently, Shanghai Metals Market (SMM) proffered a critical piece where the aluminium industry sat across the table, witnessing its own SWOT analysis. 2024 has been an eventful year, and the industry insights indicate a similar trend for 2025. The entire aluminium value chain, from the raw material, i.e. bauxite, to the end-user products like aluminium-made mobile cases, laptop chassis and vehicle bodies, has gone through vigorous and eventful turmoil to shape the industry as it is today and as it hints to be tomorrow.
2024's performance in a glimpse
According to International Aluminium Insititute's data, from January 2024 to November 2024 — 125.66 million tonnes of metallurgical alumina and 8.113 million metric tonnes of chemical alumina were produced worldwide.
Primary aluminium production for January 2024 to November 2024 cumulatively stood at a massive 66.522 million tonnes. In contrast, for the same period in 2023, the number was 64.663 million tonnes, indicating a noteworthy 2.8 per cent growth Y-o-Y.
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