Redesigned Aluminum Statistical Review Highlights Demand Growth for 5th Straight Year
Comprehensive Industry Data Through 2014 Now Available in Association Bookstore
ARLINGTON, Va., Sept. 17, 2015 /PRNewswire/ -- Today, the Aluminum Association released the latest edition of the Aluminum Statistical Review for 2014. The 2015 edition of the Review, which features a new design and statistics through 2014 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. The full report is 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, the report found that in 2014 in the U.S. and Canada:
- Demand for aluminum (producer net shipments and imports) increased by 3.6 percent to 25.5 billion pounds.
- U.S. imports of aluminum and aluminum products increased 7.0 percent over 2013, to a total of 11.7 billion pounds.
- Growth in U.S. imports was largely a result of an increase in aluminum originating from China, with shipments up 38 percent over 2013 levels.
- Shipments to the Transportation sector grew 11.1 percent to 8.4 billion pounds.
- Shipments in the Building and Construction market increased 6.7 percent to 3.1 billion pounds.
- Container and packaging shipments edged up four-tenths of one percent to 4.6 billion pounds.
- Net shipments of semi-fabricated or mill products increased 4.2 percent over the previous year to 17.6 billion pounds.
"The Aluminum Association is the authoritative source for statistics on the North American aluminum industry and the Review is the resource to find comprehensive year-end figures," said Ryan Olsen, Aluminum Association Vice President for Business Information and Statistics. "The data highlights the significant growth a number of the industry's key markets experienced in 2014."
Aluminum Association President & CEO Heidi Brock added, "One notable takeaway from this report is the apparent increase in aluminum imports coming from China – up some 38 percent in 2014. Preliminary data suggests these imports are continuing to grow in 2015. The Association is currently working to highlight these changes in the marketplace with both the Chinese and U.S. governments to help ensure that the aluminum trade between our two countries is free, fair and transparent."
Overall in 2014, the industry shipped more than 25.5 billion pounds of metal for the first time since before the recession, with total demand up more than 36 percent since 2009. Demand in the building and construction sector has grown nearly 19 percent, while the transportation market has grown an unprecedented 95 percent during that same time period. Despite the recent growth, the North American aluminum industry has committed to more than $2 billion in domestic capital investment to take advantage of the anticipated continued demand growth in the coming years.
The Aluminum Statistical Review is intended to support members of the 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. The latest edition spotlights the last ten years (2003-2013), and also provides historical statistics on the aluminum industry.
To purchase a download of the Aluminum Statistical Review for 2014, please visit www.aluminum.org and click the "Bookstore" tab. The member price is $150 and the non-member price is $300.
For additional information, contact Ryan Olsen at rolsen(AT)aluminum.org or Hank Sattlethight at hsattlethight(AT)aluminum.org.
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 $152 billion in economic activity. For more information visit www.Aluminum.org, on Twitter @AluminumNews or at Facebook.com/AluminumAssociation.
Matt Meenan
703.358.2977
[email protected]
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SOURCE The Aluminum Association
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