Africa’s primary aluminium production closed 2023 at a 1.48% Y-o-Y low despite sequential growth each quarter
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Update time : 2024-02-01 16:15:43
In 2023, Africa's primary aluminium production reached 1.596 million tonnes, with an output of 133,000 tonnes in the last month of the year. According to the International Aluminium Institute survey, Africa's primary aluminium production in 2023 registered a fall of 1.48 per cent from 1.62 million tonnes in 2022.
The decline in annual output during 2023 was primarily due to abysmally low production during February at 123,000 tonnes and April at 129,000 tonnes. The production in December stood at 133,000 tonnes, up by 1,000 tonnes from November 2023 but down by 8,000 tonnes or 5.71 per cent from 140,000 tonnes.
Africa's daily average production in December was 4,300 tonnes, slightly less than in November despite the rise in monthly output. On a year-on-year calculation, the daily production recorded a fall of 4.44 per cent from 4,500 tonnes, showed IAI.
