In 2023, China's comprehensive output of aluminum processing materials will reach 44.7 million tons, a year-on-year increase of 6.2%. The growth rate of aluminum production has bottomed out since 2019. With the global economic recovery after the epidemic and the obstruction of overseas production, China's aluminum production has picked up significantly, with a year-on-year growth of 5.0% in 2023 and a year-on-year growth of 6.2% in 2021. Aluminum production In sync with the economic cycle.
In 2023, the output of aluminum processed materials after excluding aluminum foil billets will be 39.53 million tons, an increase of 5.8% over the previous year. Among them, extruded materials accounted for the largest proportion, reaching 22.02 million tons. Extruded materials are divided into aluminum profiles, aluminum pipes, and aluminum bars. Aluminum profiles account for the majority.
Aluminum profiles can be divided into industrial aluminum profiles and construction aluminum profiles. The second largest category of aluminum processed materials is aluminum rolled materials, including aluminum plates, aluminum strips, and aluminum foils, accounting for a total of 32%, with a production volume of 12.73 million tons in 2023. Among them, aluminum foil blanks accounted for 5.17 million tons, accounting for 39%. The following downstream industries include: 2.35 million tons of building decoration panels, 1.7 million tons of cans/lids, 500,000 tons of printing plate base, 300,000 tons of automobile body sheets, and others 3.33 million tons of products.