Aluminum rose to 2,576.15 USD/T on August 20, 2025, up 0.43% from the previous day. Over the past month, Aluminum's price has fallen 2.60%, but it is still 3.58% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on August of 2025.

In 2024, the average price for aluminum stood at 2,419 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

Aluminium Price in Germany - 2023. Find the latest marketing data on the IndexBox platform.

South Korea Aluminium data was reported at 2,480.500 USD/Ton in 15 May 2025. This records a decrease from the previous number of 2,530.000 USD/Ton for 14 May 2025. South Korea Aluminium data is updated daily, averaging 2,448.500 USD/Ton from Jul 2021 (Median) to 15 May 2025, with 971 observations. The data reached an all-time high of 3,984.500 USD/Ton in 07 Mar 2022 and a record low of 2,068.500 USD/Ton in 21 Aug 2023. South Korea Aluminium data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P: Raw Material Prices.

According to Cognitive Market Research, the global Aluminum Scrap Recycling market size will be USD 5814.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2325.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1744.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1337.27 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 290.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 116.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
The Diesel Generator category is the fastest-growing segment of the Aluminum Scrap Recycling industry

Market Dynamics of Aluminum Scrap Recycling Market

Key Drivers for Aluminum Scrap Recycling Market

Increased Application of Aluminium in The Automobile Industry to Boost Market Growth

Aluminum is prized for its lightweight, corrosion-resistant, and malleable characteristics. Its widespread application in industries such as automotive, aerospace, construction, and packaging has led to a significant rise in the demand for aluminum products. A recent study commissioned by European Aluminium and conducted by Ducker Carlisle reveals that the average aluminum usage in European cars has surged by 18%, rising from 174 kg in 2019 to 205 kg in 2022. The study forecasts this upward trend will continue, with the average aluminum content expected to reach 237 kg by 2026 (+15.6%) and 256 kg per vehicle by 2030 (+24.9%). Electric vehicles (EVs) are particularly driving this increase; in 2022, the average battery electric vehicle (BEV) in Europe contained 283 kg of aluminum, compared to just 169 kg in petrol or diesel internal combustion engine (ICE) vehicles. Furthermore, the average aluminum content in electric vehicles is projected to grow by 9.5%, reaching 310 kg between 2022 and 2026. The automotive industry is increasingly turning to aluminum to enhance fuel efficiency and reduce vehicle weight, which in turn elevates the demand for recycled aluminum as manufacturers strive to achieve sustainability goals and comply with regulatory requirements.

Increased Urbanization and Infrastructure Development to Drive Market Growth

Rapid urbanization is contributing to a heightened consumption of aluminum across various applications, including packaging and construction materials. Globally, an increasing percentage of the population is residing in urban areas. In 2012, 52.5% of the population lived in cities, and this figure was projected to rise to 56.9% by 2022. Urbanization rates are generally higher in developed countries (79.7% in 2022) compared to developing nations (52.3%). In least-developed countries (LDCs), the urban population remains a minority, accounting for only 35.8%. As cities grow, the volume of aluminum scrap generated also increases, creating additional opportunities for recycling. In the construction sector, every $100,000 spent on residential and non-residential projects results in an increase of approximately 126 pounds and 183 pounds of aluminum usage, respectively. Non-residential construction represented over 60% of the 2.5 billion pounds of aluminum utilized in building and construction applications in 2022. Large-scale infrastructure projects frequently incorporate aluminum in both construction and transportation, leading to a significant amount of scrap that can be efficiently recycled, thus driving demand for recycling services.

Restraint Factor for the Aluminum Scrap Recycling Market

Quality and Contamination Issues Will Limit Market Growth

The presence of non-aluminum materials in scrap can significantly diminish the quality of recycled aluminum. Contaminants such as plastics, other metals, and hazardous substances can complicate the recycling process and reduce the market value of the final product. Aluminum scrap is...

After two years of decline, the Vietnamese aluminum market increased by 13% to $585M in 2024. Over the period under review, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +3.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -23.8% against 2021 indices.

In 2022, the Ugandan aluminium market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate a buoyant increase. Aluminium consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Latest Delhi scrap metal prices including Copper, Brass, Aluminium, Zinc, Lead, and more. Updated daily with market trends.

NCDEX: Spot Price: Aluminium: Mumbai: Second Session data was reported at 240.950 INR/kg in 15 May 2025. This records a decrease from the previous number of 243.500 INR/kg for 14 May 2025. NCDEX: Spot Price: Aluminium: Mumbai: Second Session data is updated daily, averaging 225.325 INR/kg from Jun 2023 (Median) to 15 May 2025, with 476 observations. The data reached an all-time high of 267.450 INR/kg in 12 Mar 2025 and a record low of 194.200 INR/kg in 11 Dec 2023. NCDEX: Spot Price: Aluminium: Mumbai: Second Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

Aluminium Price in Hong Kong SAR - 2023. Find the latest marketing data on the IndexBox platform.

The Bangladeshi aluminum market expanded to $205M in 2024, surging by 4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a buoyant expansion from 2012 to 2024: its value increased at an average annual rate of +6.2% over the last twelve-year period.

Aluminium Price in Saudi Arabia - 2021. Find the latest marketing data on the IndexBox platform.

Indonesia Export: Volume: Aluminium Wire of which the Maximum Cross-Sectional Dimension Exceeds 7 Mm; of Aluminium Alloyed data was reported at 0.628 kg mn in Jan 2025. This records a decrease from the previous number of 0.654 kg mn for Dec 2024. Indonesia Export: Volume: Aluminium Wire of which the Maximum Cross-Sectional Dimension Exceeds 7 Mm; of Aluminium Alloyed data is updated monthly, averaging 0.049 kg mn from Jan 2019 (Median) to Jan 2025, with 19 observations. The data reached an all-time high of 0.782 kg mn in Mar 2024 and a record low of 0.000 kg mn in Sep 2021. Indonesia Export: Volume: Aluminium Wire of which the Maximum Cross-Sectional Dimension Exceeds 7 Mm; of Aluminium Alloyed data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAH076: Foreign Trade: by HS 8 Digits: Export: HS76: Aluminium and Articles Thereof.

In the last five years, the light metal foundry industry has benefited from a trend towards lightweight construction of vehicles for road transport. The aim of lightweight construction is to save fuel and thus improve the carbon footprint of vehicles, which is why car manufacturers are increasingly switching from ferroalloys to light metal alloys for their vehicles. In 2019 and 2020, the industry suffered from the slowing economy, the trade conflict between the USA and China and the coronavirus pandemic. Nevertheless, the industry recorded average annual sales growth of 1.4% between 2020 and 2025. The profit margin of light metal foundries has been subject to moderate fluctuations over the past five years. This is primarily due to the economic development of the economy as a whole as well as fluctuating raw material and energy prices. In the current year, turnover is likely to increase by 0.8% in view of the rising aluminium price and therefore amount to 7.4 billion euros. The demand for light metal castings is fundamentally dependent on the development of downstream industries. The automotive and mechanical engineering industries therefore have a significant influence on industry development, as these are the two most important customer markets for light metal castings. The construction industry is also an important customer for industry players. The automotive industry is likely to grow in the current year, which will have a positive effect on demand for light metal castings. However, it will not be able to fully compensate for the general decline in production volumes or the slump in sales in the mechanical engineering and construction sectors. The prices for aluminium, magnesium and energy can also have an impact on the development of demand for industry products. If the cost of raw materials or energy rises, this is associated with an increase in the cost of materials and ancillary costs and therefore also in production costs. The price of aluminium is likely to rise slightly in the current year.By 2030, industry sales are expected to grow by an average of 1.1% per year, meaning that the industry is expected to generate €7.8 billion in 2030. The reason for this positive development is the continued increase in demand for lightweight components in road vehicle construction and other customer markets. However, hardly any new industry players are likely to enter the market due to consolidation. The number of employees in the industry is likely to increase again over the next five years, albeit at a low level.

Indonesia Import: Volume: Aluminium Wire data was reported at 0.537 kg mn in Jan 2025. This records an increase from the previous number of 0.296 kg mn for Dec 2024. Indonesia Import: Volume: Aluminium Wire data is updated monthly, averaging 0.575 kg mn from Jan 2019 (Median) to Jan 2025, with 73 observations. The data reached an all-time high of 1.393 kg mn in Jul 2021 and a record low of 0.246 kg mn in Apr 2023. Indonesia Import: Volume: Aluminium Wire data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAG015: Foreign Trade: by HS 4 Digits: Base Metals and Articles Thereof.

Exports: NCM: Vol: Household Articles and Parts Thereof, of Aluminum data was reported at 1,151,176.000 kg in Mar 2025. This records an increase from the previous number of 1,104,805.000 kg for Feb 2025. Exports: NCM: Vol: Household Articles and Parts Thereof, of Aluminum data is updated monthly, averaging 735,472.000 kg from Jan 2012 (Median) to Mar 2025, with 159 observations. The data reached an all-time high of 2,802,499.000 kg in Sep 2021 and a record low of 151,689.000 kg in Jan 2014. Exports: NCM: Vol: Household Articles and Parts Thereof, of Aluminum data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.NCM: HS76: Aluminium and Articles Thereof: Exports: Volume.

Aluminium Price in Oman - 2021. Find the latest marketing data on the IndexBox platform.

Europe's Non-Ferrous Metal Casting industry has evolved over the years, significantly shaping the dynamic and demand-driven market. The industry has demonstrated progress through partnerships, technological innovations and a pronounced focus on addressing environmental and sustainability issues. However, the industry was impacted by a downturn in manufacturing because of high interest rates, escalating building costs and a supply chain shortage in automotive manufacturing, given that manufacturers constitute the majority of sales in the non-ferrous metal casting sector. Industry revenue is expected to rise at a compound annual rate of 6.5% over the five years through 2025 to €32.3 billion – including an estimated 0.9% rise in the current year. The emerging demands from electric vehicles (EVs) have bolstered interest in aluminium and copper-based alloys, driven by these non-ferrous metals' critical role because of their high electrical conductivity and excellent machinability. Moreover, the industry has seen an increased use of non-ferrous metals in the renewable energy sector, gaining considerable momentum. Companies are also paying attention to processes that can enhance the recycling rate of metal waste, showing a marked shift towards sustainable practices and the circular economy. However, the US government's imposition of heavy import duties on aluminium in 2025 could hit the European non-ferrous casting industry hard, as the 25% tariff could alter trade flows, dampen demand and subdue the profit outlook for 2025. A rise in the penetration of EVs, combined with the ongoing push for renewable energy sources, will bolster demand for non-ferrous metals. Also, government mandates and initiatives to reduce carbon emissions from vehicles and the industrial sector will play a crucial role in driving the industry's growth. However, rising energy costs could challenge the industry, as non-ferrous metal casting is energy-intensive, potentially discouraging production investment and increasing costs. Industry revenue is expected to drop at a compound annual rate of 4.8% over the five years through 2030 to €40.9 billion.

In 2025, the aluminium curtain wall market will be worth USD 49.75 billion, growing at a CAGR of 8.9% over the following 10 years to reach USD 116.71 billion by 2035.

Metric	Value
Market Size in 2025	USD 49.75 Billion
Projected Market Size in 2035	USD 116.71 Billion
CAGR (2025 to 2035)	8.9%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	9.3%

Country	CAGR (2025 to 2035)
UK	8.7%

Country	CAGR (2025 to 2035)
EU	8.9%

Country	CAGR (2025 to 2035)
Japan	9.0%

Country	CAGR (2025 to 2035)
South Korea	8.8%

Competitive Outlook

Company/Organization Name	Estimated Market Share (%)
Kawneer (Arconic Inc.)	18-22%
Yuanda China Holdings Limited	14-18%
Schüco International KG	12-16%
Reynaers Aluminium	8-12%
Alumil Aluminium Industry S.A.	6-10%
Others	30-40%

The Nepalese aluminium market skyrocketed to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a temperate increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.