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Aluminum fell to 2,774.55 USD/T on October 17, 2025, down 0.88% from the previous day. Over the past month, Aluminum's price has risen 2.89%, and is up 6.06% compared to the same time last year, 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 October 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.
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Get the latest insights on price movement and trend analysis of Aluminium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to Jun 2025 about aluminum, World, and price.
This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through September 2025. In September 2025, the average monthly price for aluminum stood at ******** nominal U.S. dollars per metric ton.
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View monthly updates and historical trends for Aluminum Price. Source: World Bank. Track economic data with YCharts analytics.
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The global aluminium market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the immediate term.
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Explore the complex factors driving aluminum prices, including demand and supply dynamics, geopolitical influences, environmental regulations, and technological advancements, impacting this vital base metal's market fluctuations.
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Aluminum prices in , September, 2025 For that commodity indicator, we provide data from January 1960 to September 2025. The average value during that period was 1452.73 USD per metric ton with a minimum of 496.04 USD per metric ton in March 1962 and a maximum of 3577.86 USD per metric ton in June 1988. | TheGlobalEconomy.com
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In the Q4 of 2023, the price of the aluminium alloy in USA reached 3657 USD/MT by December. Similarly, in Germany, the aluminium alloy prices hit 3173 USD/MT in the same month.
Product
| Category | Region | Price |
---|---|---|---|
Aluminium Alloy | Metals | USA | 3657 USD/MT |
Aluminium Alloy | Metals | Germany | 3173 USD/MT |
Explore IMARC’s newly published report, titled “Aluminium Alloy Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminium alloy pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
The average price of aluminum has fluctuated in recent years, and since 2020 it has increased significantly. In 2024, the average price of the metal was 2,419 U.S. dollars per metric ton, compared to 1,704 U.S. dollars in 2020.
In 2024, the average market spot price of an aluminum ingot was estimated at *** U.S. dollars per pound. Throughout the indicated period, this was by far the highest spot price for aluminum ingots. The fluctuations in aluminum prices can have far-reaching effects on the economy, influencing costs for products ranging from beverage cans to automotive parts.
Production of aluminum
The primary production of aluminum in the United States has experienced fluctuations recently, with an estimated production volume of ******* metric tons in 2023. The primary production process involves the melting of alumina into pure aluminum. While the United States is one of the top 10 producers of primary aluminum, China is leading the way in terms of aluminum smelter production, with a production volume of ** million metric tons in 2023.
Price comparison with other base metals
The pricing of materials is influenced by various elements, such as manufacturing techniques, availability, and demand in diverse industries. In 2023, of the various base metals, tin was priced approximately at ** U.S. dollars per pound and was the highest priced base metal at that time. In contrast, aluminum had the fourth highest price that year.
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Why did the Aluminium Ingot Price Change in July 2025? The Aluminium Ingot Price Index in North America for Q2 2025 declined by about 18% compared to Q1. This drop reflected a combination of oversupply and waning demand across key sectors.
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Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Secondary Aluminum (WPU102402) from Dec 1980 to Aug 2025 about aluminum, secondary, metals, commodities, PPI, inflation, price index, indexes, price, and USA.
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The automotive aluminum market offers a diverse range of products, each with specific applications:Rolled Products: Rolled aluminum accounts for the largest market share. It is used for various components, including body panels and structural parts due to its formability and strength.Extruded Products: Extruded aluminum finds applications in frames, bumpers, and interior trim. Its high strength-to-weight ratio makes it suitable for complex shapes and load-bearing components.Castings: Aluminum castings are preferred for high-stress applications such as engine blocks and suspension components. They offer complex geometries and excellent durability. Recent developments include: February 2024: Vedanta Aluminium has come up with Vedanta Metal Bazaar, an e-superstore for primary aluminum that will revolutionize the buying and selling of aluminum in India., The emporium launched with over 750 product variations from Vedanta Aluminium. AI-based pricing discovery gives clients unrivaled value even when commodity prices fluctuate. Ingots, billets, PFA, wire rods, rolled products, flip coils, hot metal, and Restora (India's first low-carbon aluminum) are available. The superstore additionally customizes solutions for its large consumer base., Aluminium is used in aerospace, automotive, building and construction, energy distribution, defense, and other industries. It is called the ‘metal of the future’ because it is essential to the global energy transition, renewable energy, electric vehicles, green infrastructure, and high-tech manufacturing. However, procuring aluminum was formerly complicated and resource-intensive., Vedanta Aluminium created Vedanta Metal Bazaar, a revolutionary e-commerce platform that would change aluminium purchase, to simplify business for customers., It promises to streamline the procurement process, allowing buyers to focus on business growth rather than transactional follow-ups and commodity price and order fulfillment fluctuations. After steel, aluminium is the second most consumed metal worldwide., Buyers may get just-in-time delivery, real-time AI-based pricing discovery, and full visibility from order placement to delivery with Vedanta Metal Bazaar. This enables robust production planning and frees up resources for important expenditures. In a few clicks, clients may use order history, dynamic market circumstances, and competitive rates to make smart purchases., A groundbreaking new platform, Vedanta Metal Bazaar was developed from the ground up to meet consumer expectations and revolutionize the experience., The platform offers global-first features like product availability, online price discovery, long-term contracts, on-the-spot orders, live shipment tracking, financial reconciliation, all critical documentation (such as test certificates, bank guarantees, letters of credit), and a selection of channel finance and logistics providers to help customers procure., September 2022: Alcoa Corporation announced new innovations in alloy development and deployment, further strengthening its position as a supplier of advanced aluminum alloys., May 2022: Novelis Inc. announced it will invest $2.5 billion to build a new low-carbon recycling and rolling plant.. Key drivers for this market are: . Restraints, . Opportunities; . Challenges; . Trends. Potential restraints include: . Opportunities, . Challenges; . Trends. Notable trends are: Growing in the sales and production of several automobiles to boost market growth.
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The global aluminum market totaled $207.1B in 2024, with an increase of 4.3% against the previous year. Over the period under review, consumption showed tangible growth. Over the period under review, the global market reached the peak level at $234.4B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
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France - Producer prices in industry: Aluminium production was 127.20 points in July of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for France - Producer prices in industry: Aluminium production - last updated from the EUROSTAT on September of 2025. Historically, France - Producer prices in industry: Aluminium production reached a record high of 146.30 points in April of 2022 and a record low of 75.00 points in April of 2009.
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European Union - Producer prices in industry: Aluminium production was 119.30 points in August of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Aluminium production - last updated from the EUROSTAT on October of 2025. Historically, European Union - Producer prices in industry: Aluminium production reached a record high of 140.70 points in May of 2022 and a record low of 75.90 points in June of 2009.
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Graph and download economic data for Producer Price Index by Industry: Alumina and Aluminum Production and Processing (PCU3313133131) from Dec 2003 to Aug 2025 about aluminum, processed, PPI, industry, inflation, price index, indexes, price, and USA.
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The aluminium market size attained a value of USD 157.03 Billion in 2024. The market is expected to grow at a CAGR of 5.65% during the forecast period of 2025-2034. By {{FORECAST_PERIOD_END}}, the market is expected to reach USD 272.07 Billion.
Construction and urbanization are influencing the aluminum market dynamics as rapid infrastructure development is demanding lightweight, durable, and corrosion-resistant materials. With global urban population, large-scale projects in emerging economies are increasing aluminium consumption. According to industry reports, 68% of the global population is estimated to reside in urban areas by 2050. Innovations in aluminium alloys are further enhancing performance, making it a preferred choice for smart cities and energy-efficient buildings, adding to market growth.
Regulatory frameworks are favoring the aluminium industry by enforcing emissions reductions, promoting transparency, and incentivizing sustainable practices. Mechanisms, such as the European Union’s Emissions Trading System and China's national ETS are compelling aluminium producers to account for their carbon emissions whilst increasing financial pressure on high-emission producers. Certifications such as the Aluminium Stewardship Initiative (ASI) and TÜV Rheinland’s CertAl are providing frameworks for producers to demonstrate compliance with environmental and social standards for enhancing market access and competitiveness.
Recycled aluminium is a major driver of the aluminium market due to its significant energy savings and environmental benefits. As per industry reports, the recycling rate of aluminium packaging globally touched 68.2% in 2024, drastically reducing carbon emissions and costs. As sustainability has become a priority globally, the automotive, packaging, and construction industries are increasingly relying on recycled aluminium to meet green standards and circular economy goals.
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Aluminum fell to 2,774.55 USD/T on October 17, 2025, down 0.88% from the previous day. Over the past month, Aluminum's price has risen 2.89%, and is up 6.06% compared to the same time last year, 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 October of 2025.