China's Bauxite Imports is Expected to Continue Increasing
Date: 2023-10-24 Click: 238
China's bauxite imports are far greater than its exports. China's bauxite demand is mainly based on the import of better-quality trihydrate bauxite overseas, which accounts for three-quarters of global bauxite imports. According to the China Research Network report: From 2017 to 2020, China's bauxite imports have maintained a growth rate of more than 20% for four consecutive years. In 2021, the trend of relying on imports of bauxite will further intensify. China's bauxite imports have exceeded 100 million tons. For 2022, China's bauxite imports will continue to increase, and its bauxite purchase costs and transportation costs will also increase.