ARLINGTON, Va., Nov. 21, 2016 /PRNewswire-USNewswire/ -- Today, the Aluminum Association released the latest edition of the Aluminum Statistical Review for 2015. The latest edition of the Review, which features a new design and statistics through 2015 in the North American market, includes information on every cycle of the aluminum production process from primary aluminum to markets for finished goods to the recovery of aluminum scrap. For the first time, the full report is available for free for producer members of the Aluminum Association. The report is also available for purchase in the Aluminum Association bookstore at www.aluminum.org.
This year's Review shows continued growth in demand for the metal and positive trend lines in many key market sectors. Among key findings for the North American industry, the report found that in 2015:
- Demand for aluminum (producer net shipments and imports) increased by eight-tenths of one percent to 25.5 billion pounds.
- Primary production decreased 2.2 percent from 2014 to 9.8 billion pounds.
- Imports of aluminum and aluminum products increased 9.8 percent over 2014, to their highest level since 2005.
- Total U.S. imports (ingot, semi-fabricated products, and scrap) increased 4.0 percent to 12.2 billion pounds.
- Growth in U.S. imports was largely a result of an increase in aluminum originating from China, with shipments up 30.7 percent over 2014 levels.
- A net exporter of aluminum, Canada exported a total of 7.6 billion pounds of aluminum, a decrease of one-tenth of one percent from 2014.
- Shipments to the Transportation sector grew 9.7 percent to 9.2 billion pounds, 35.8 percent of total net shipments.
- Shipments in the Building and Construction market edged up 1.9 percent to 3.1 billion pounds.
- Container and packaging shipments also increased 1.9 percent over 2014, totaling 4.7 billion pounds.
"As the principal source for aluminum industry business and statistics information in North America, the Aluminum Association strives to provide key information on emerging trends in the industry across the entire value chain," said Ryan Olsen, Aluminum Association Vice President for Business Information and Statistics. "The Review highlights the continued demand growth for aluminum for the sixth consecutive year."
"While we are pleased to see that demand for aluminum is continuing to trend upward in North America, we share the concerns of many other aluminum-producing regions about the dramatic spike in metal imports illustrated by the report. We believe this import growth is a direct consequence of persistent aluminum overcapacity in China," said Heidi Brock, President & CEO of the Aluminum Association. "The Aluminum Association's members are committed to pursuing a negotiated agreement between the U.S. and Chinese governments on overcapacity. The Association is committed to ensuring a fair and level playing field across the aluminum value chain for all aluminum producers worldwide."
Overall in 2015, the industry shipped more than 25.7 billion pounds of aluminum for the first time since before the recession, with total demand up more than 37.4 percent since 2009. Demand in the building and construction sector has grown nearly 21.2 percent, while the transportation market has grown an unprecedented 113.4 percent during that same time period. With that growth in mind, the North American aluminum industry has committed to more than $2.6 billion in domestic capital investment, as producers look to build on this positive growth and continue to position aluminum as the material of choice in the coming years.
The Aluminum Statistical Review is intended to support members of the domestic industry, global industry, financial analysts, government agencies, students and the general public. It is divided into five major sections: supply, shipments, markets, foreign trade, and world statistics. Its contents include text, tables and charts to provide year-end figures and other historic data on U.S. and Canadian shipments, markets, supply and foreign trade. While the latest edition spotlights 2005-2015, it also provides historical statistics on the aluminum industry.
To purchase a download of the Aluminum Statistical Review for 2015 please visit www.aluminum.org and click the "Bookstore" tab. The Review is now free for producer members, $150 for associate members and the non-member price is $300.
About The Aluminum Association
The Aluminum Association represents U.S. and foreign-based companies and their suppliers throughout the value chain, from primary production to value added products to recycling. The Association is the industry's leading voice, providing global standards, business intelligence, sustainability research and industry expertise to member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the U.S., the aluminum industry creates $186 billion in economic activity. For more information visit http://www.Aluminum.org, on Twitter @AluminumNews or at Facebook.com/AluminumAssociation.
SOURCE The Aluminum Association