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Aluminium processing materials reach the highest point of consumption in 2022

2021-04-19

Experts attending the 4th China Aluminum Conference are very optimistic about China's future aluminum foil consumption. Relevant experts predict that the peak consumption of aluminum processing wood in China will reach a higher point in 2022, and the annual demand will exceed 10,000 kt/a.

Xie Shuisheng, chief engineer of the Nonferrous Metals Processing Laboratory of Beijing Research Institute of Mining and Metallurgy, said that before 2010, the annual growth rate of domestic demand for aluminum strips will be above 8%, and the demand in 2010 will reach more than 2000kt. Chinalco's newer forecast is that the demand for aluminum foil strips in China will reach 2700kt/a in 2010.

Xie Shuisheng analyzed that in recent years, with the sustained and rapid growth of the national economy, the consumption of aluminum strips and foils in China has continued to rise. In 2005, the apparent consumption of aluminum strips in China was 2,523kt, an increase of 3.5% year-on-year, and the apparent consumption of aluminum foil was 602.7kt. In this way, the total apparent consumption of aluminum rolled products in China reached 3,087 kt in 2005. Exceeded the sum of consumption of Germany, Japan, Italy and Belgium, and became the world's second largest consumer of aluminum rolling products.

Xie Shuisheng believes that although the overall demand in the strip consumption area is also increasing, the pace of growth has slowed. The consumption of plates in the food packaging industry and transportation industry does not contribute much to the increase in the use of aluminum sheet. Due to the rapid development of the aluminum foil industry, the demand for aluminum foil blanks has continuously increased and it has become a large consumer area for China's current plate materials.

The performance of aluminum foil consumption is particularly eye-catching and continues to grow in double digits. At present, with regard to air-conditioning foil with large domestic consumption, as Japan and South Korea's two major air-conditioner manufacturers gradually move their production bases to China, China will gradually become the world's air-conditioner production center, and the market space for air-conditioning aluminum foil will also be greatly expanded. .

In industrialized countries in Japan and Western countries, the aluminum foil used for packaging is relatively large. Although the current consumption in China is relatively small, considering the consumption market of China’s 1.3 billion people, there will be a huge market space in the future.

In addition to maintaining steady growth in the traditional consumption sector, the consumption of rail transport vehicles, mainly coal-dedicated vehicles and fast-passenger vehicles, will increase significantly.


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