Bauxite Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Bauxite in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Bauxite Price Trend for the H1 of 2023


The bauxite market in the first and second quarters of 2023 fluctuated in the Asia-Pacific region as trading activities slumped due to the onset of the Chinese New Year holiday season. The slow movement of the market led to the rise in the level of inventories and accumulation of the product in the market. The manufacturers also struggled with the decrease in demand from the associated aluminum industries and the electronics market. A slight incline in the later months was seen as the high-priced imports from international markets flooded the region.


A mixed price trend for bauxite was observed in the first two quarters of 2023. The region was adversely affected by the volatility in the supply chains and inconsistent purchasing of consumers. Sanctions on the supply of metal from Russia and the reduction in domestic production rates negatively impacted the bauxite prices. However, towards the end of the first quarter and in the second quarter, the price trend inclined as it gained support from overseas buyers and an increased number of inquiries from traders and refiners.

North America

In North America, the bauxite prices declined in the initial months of the first quarter of 2023 as the market had sufficient availability of products. But in the subsequent months of the first and throughout the second quarter, the market gained momentum as soon the level of inventories depleted, and the levels of extraction declined.

Analyst Insight

According to Procurement Resource, the price trend of Bauxite is estimated to showcase a volatile trend. The demand from end-user industries and the level of inventories in the market will guide the bauxite market in the upcoming quarter.

Procurement Resource provides latest prices of Bauxite. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.


Bauxite is a sedimentary rock composed primarily of aluminum oxide minerals, like gibbsite, boehmite, and diaspore, along with various impurities. It is the primary source of aluminum metal and extensively mined worldwide. Through the Bayer process, bauxite is refined to extract alumina, which is then smelted to produce aluminum.

This lightweight and corrosion-resistant metal finds numerous applications in industries such as aerospace, transportation, construction, and packaging. Bauxite is also used to manufacture refractories, abrasives, and chemicals. Despite its industrial significance, bauxite mining and processing can have environmental challenges, requiring sustainable practices to mitigate impacts.

Product Details

Report Features Details
Product Name Bauxite
Chemical Formula Al2O3.2H2O
CAS Number 1318-16-7
Molecular weight 119.977 g/mol
Industrial Uses Aluminium production, Refining, Refractories, Cement, Abrasives
HS Code 26060020
Supplier Database Alcoa Corporation, Aluminium Corporation of China Limited, Norsk Hydro ASA, NALCO India, Hindalco Industries Ltd, Emirates Global Aluminium PJSC
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

The ore is first washed and then crushed into smaller parts. These particles are then mixed with used liquor to create a slurry that is simple to pump. Desilication, which takes the silica out of the content, follows the procedure. After that, the mineral mixture is added to a tank containing caustic soda, which will react with the mixture to produce sodium aluminate and other materials.

Alumina would then precipitate on the solution as the final product is allowed to age. The alumina is next cleaned, refined, and calcined to remove any remaining impurities before being sent for smelting to produce aluminum metal.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Table Of Contents

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.


Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.