ETHIOPIA ALUMINUM MARKET

INTRODUCTION

Aluminum is a chemical element with the symbol Al and atomic number 13. Aluminum has a density that is roughly one third that of steel, which is lower than that of most common metals. It has a strong affinity for oxygen, and when exposed to air, generates an oxide layer that protects the surface. Due to its colour and exceptional capacity for reflecting light, aluminium has an aesthetic resemblance to silver.

It is malleable, non-magnetic, and ductile. Aluminum is the twelfth most prevalent element in the universe based on the frequency of its only stable isotope, 27Al. 

Chemically speaking, aluminium belongs to the boron group as a post-transition metal, and like other members of the group, it primarily forms compounds in the +3 oxidation state. Small and strongly charged, the aluminium cation Al3+ is polarising and tends toward covalency in the bonds it forms. Due to its strong affinity for oxygen, aluminium frequently coexists with oxygen in nature in the form of oxides.

As a result, aluminium is more frequently found in rocks in the crust of the Earth than in the mantle and is almost never found as a free metal. It is the third most abundant element on Earth after oxygen and silicon.

ETHIOPIA ALUMINUM MARKET SIZE AND FORECAST

The Ethiopia Aluminum market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

MARKET DYNAMICS

Ethiopia has also noticed a trend in the consumption of aluminium on a worldwide scale. The nation is categorised as an importer. This is consistent with the burgeoning building industry, which foresees future demand to increase even more. The sector has a significant chance of generating jobs thanks to local investors. 

However, FDI investment has a negligible impact on local job possibilities and has little investment value. There are several businesses nowadays that fabricate aluminium for structures that they then assemble and install. Very few businesses have attempted to extrude aluminium profiles locally but have failed, particularly in terms of pricing, to compete with imports. Their poor performance and inability to compete has also been impacted by other problems including power outages, labour skills, etc.

Fabricators have challenges that affect their ability to conduct business, such as poor product/profile quality, limited market access, and high employee turnover. There is no industrial policy that is unique to the fabrication and production of aluminium profiles. However, Ethiopia's overall industrial policy supports the development of these industries as well.It is anticipated that the industry will be capable of exporting value-added goods to surrounding nations with enough technology use and human resource development.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Aluminum are manufactured per annum in Ethiopia? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Ethiopia Aluminum and key vendor selection criteria
3. Where is the Aluminum manufactured? What is the average margin per unit?
4. Market share of Ethiopia Aluminum market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Ethiopia Aluminum in-house
6. key predictions for next 5 years in Ethiopia Aluminum market
7. Average B-2-B Aluminum market price in all segments
8. Latest trends in Aluminum market, by every market segment
9. The market size (both volume and value) of the Aluminum market in 2023-2030 and every year in between?
10. Production breakup of Aluminum market, by suppliers and their OEM relationship