Aluminum increased 16.20 USD/Tonne or 0.63% since the beginning of 2025, 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 March of 2025.

Learn all about the aluminium market, including its uses, major players, and trading opportunities. Discover how you can participate in this essential market by trading aluminium futures on the LME and hedging against price fluctuations.

Learn about the factors that influence aluminum trading prices, including economic conditions, production costs, and speculative activity, and how they impact the aluminum industry and investors.

This dataset provides values for ALUMINUM reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Global Aluminum Market is Segmented by Processing Type (castings, Extrusions, Forgings, Flat Rolled Products, and Pigments and Powders), End-User Industry (automotive, Aerospace and Defense, Building and Construction, Electrical and Electronics, Packaging, Industrial, and Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The Report Offers Market Sizes and Forecasts for the Aluminum Market in Volume (million Tons) for all the Above Segments.

Learn about the various factors that influence the price of aluminium futures, including supply and demand, economic growth, geopolitical events, and market sentiment. Gain insight into this valuable commodity and make informed trading decisions.

The global aluminum sector grow in 2025 to 2035 with several sectors like automobile, aviation, real estate, packaging, and electrical uses intensifying demand. The sector will reach USD 331.1 billion in 2035 with a Compound Annual Growth Rate (CAGR) of 6.1%.

Metric	Value
Market Size (2025E)	USD 183.1 Billion
Market Size (2035F)	USD 331.1 Billion
CAGR (2025 to 2035)	6.1%

Country Wise Analysis

Country	CAGR (2025 to 2035)
USA	4.5%

Country	CAGR (2025 to 2035)
UK	4.2%

Country	CAGR (2025 to 2035)
European Union (EU)	4.8%

Country	CAGR (2025 to 2035)
Japan	4.1%

Country	CAGR (2025 to 2035)
South Korea	4.3%

Competitive Outlook

Company Name	Estimated Market Share (%)
China Hongqiao Group	14-19%
UC Rusal	9-13%
Alcoa Corporation	7-11%
Rio Tinto Aluminium	5-9%
Emirates Global Aluminium (EGA)	4-8%
Other Companies (combined)	45-55%

The global automotive aluminum market size reached USD 32.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 61.3 Billion by 2033, exhibiting a growth rate (CAGR) of 7.3% during 2025-2033. The increasing need for lightweight luxury vehicles, rising awareness about climate change, and the growing number of partnerships between OEMs and aluminum suppliers are some of the major factors propelling the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 32.6 Billion
Market Forecast in 2033	USD 61.3 Billion
Market Growth Rate 2025-2033	7.3%

IMARC Group provides an analysis of the key trends in each segment of the global automotive aluminum market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on product form, vehicle type and application.

In 2023, the average price for aluminum stood at 2,256 nominal U.S. dollars per metric ton. This statistic depicts the average annual prices for aluminum from 2014 through 2026.

The global trade on the aluminum market amounted to 20,941 million USD in 2015, showing strong fluctuations over the period under review. A significant drop in 2009 was followed by recovery over the next two years, until exports decreased again. Overall, there was an annual decrease of -2.9% from 2007 to 2015.

According to Cognitive Market Research, The Global Aluminium Billets market size is USD 16.8 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030.

Growing construction projects in emerging economies drive demand for lightweight and corrosion-resistant aluminum billets, stimulating market growth.
Aluminum's recyclability and sustainability drive increased demand for aluminum billets, benefiting companies that embrace recycled materials.
Small-diameter billets are the fastest-growing segment in the Aluminium Billets market, catering to precision manufacturing in industries like electronics and automotive.
Asia Pacific will continue to lead, whereas the North American Aluminium Billets market will experience the strongest growth until 2030.

Construction Boom Drives Aluminium Billets Demand

Increasing construction and infrastructure projects, especially in emerging economies, drive the demand for aluminum billets. This is due to the lightweight, corrosion-resistant, and malleable nature of aluminum, making it a preferred choice for architectural and structural applications. The rise in construction projects boosts the consumption of aluminum billets, stimulating market growth. It leads to higher production volumes, increased sales, and expansion opportunities for aluminum billet manufacturers, positively impacting their market position.

Recyclability and Sustainability Boost Aluminium Billets Market

Aluminum is highly recyclable, and its production from recycled materials consumes significantly less energy compared to primary production. Sustainability considerations drive the adoption of aluminum billets in various applications. The sustainability factor appeals to environmentally conscious industries and consumers, increasing the demand for aluminum billets. Companies incorporating recycled aluminum billets in their products gain a competitive edge, propelling market growth and encouraging sustainable practices in the aluminum industry.

Market Dynamics of the Aluminium Billets

Supply Chain Disruptions Impact Aluminium Billets Market

The Aluminium Billets market faces the restraint of supply chain disruptions, which have been triggered by external factors such as geopolitical tensions, trade restrictions, and logistics challenges. These disruptions have a cascading effect on the production and availability of aluminum billets, causing delays and fluctuations in the market. Manufacturers may need help in securing a steady supply of raw materials, affecting their production capabilities and potentially leading to increased production costs.

Impact of COVID–19 on the Aluminium Billets Market

The COVID-19 pandemic significantly impacted the Aluminium Billets market. Supply chain disruptions, driven by lockdowns and restrictions, disrupted the global availability of aluminum billets, essential raw materials for various industries. Many key end-use sectors, including construction, automotive, and aerospace, witnessed reduced demand, causing a ripple effect on aluminum billet orders. This demand drop resulted in price volatility for aluminum billets, affecting both manufacturers and end-users. Operating amid pandemic-induced challenges, manufacturers faced the dual task of ensuring workforce safety and maintaining production continuity. To counter the economic uncertainties, companies turned to cost-efficiency measures, impacting production and the overall demand for aluminum billets in a market marked by pandemic-induced fluctuations. Introduction of The Aluminum Billets Market

Increasing construction and infrastructure projects, especially in emerging economies, boost the demand for aluminum billets due to aluminum's lightweight and corrosion-resistant properties. This heightened demand stimulates market growth, leading to higher production and sales volumes, positively impacting aluminum billet manufacturers' market position. Aluminum's recyclability and lower energy consumption in recycled material production make it an environmentally conscious choice. The demand for aluminum billets is rising as sustainability becomes a priority for industries and consumers. Companies embracing recycled aluminum billets in their products gain a competitive edge, fostering market growth and promoting sustainability in the aluminum industry.

These developments empower businesses to offer bet...

The global aluminum market was 58 million tons in 2021, It reached 66.64 million tons in 2023. the aluminum market is projected to reach around 102 million tons by 2031, growing at a CAGR of 5.9% from 2024 to 2032.

Learn about the aluminium market and its production, trading, and consumption of the lightweight metal in various sectors like construction, transportation, packaging, and more. Understand how various factors like supply/demand dynamics, raw material prices, energy costs, government policies, and environmental regulations affect the aluminium market and its stakeholders.

European Union - Producer prices in industry: Aluminium production was 123.30 points in January 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 March 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.

The price of aluminum scrap in the USA reached 1786 USD/MT by December of 2023, the fourth quarter. Similarly, China's market prices stood at 2823 USD/MT in December. In Q4 of 2023, aluminum scrap price trends in Germany also reached 1669 USD/MT.

The price of aluminum pound fluctuates due to various factors, such as global supply and demand, production costs, and political situations. The price can vary based on the grade and form of the metal. Investors and industry stakeholders must carefully monitor market developments and trends to understand and effectively manage the risks associated with aluminum trading.

During the last quarter of 2024, the aluminum prices in the USA reached 4628 USD/MT in December. As per the aluminum price chart, the prices increased by around 10.45% compared to the same quarter last year. The market held steady in the face of worldwide unpredictability. While trade policy debates and tariff considerations influenced investor behavior, the effects of China's changed export policies were continuously observed.

Product	Category	Region	Price
Aluminum	Metal & Metalloids	USA	4628 USD/MT
Aluminum	Metal & Metalloids	China	2730 USD/MT
Aluminum	Metal & Metalloids	Germany	3608 USD/MT

Explore IMARC’s newly published report, titled “Aluminum Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of aluminum pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Global unwrought aluminum and aluminum alloy exports increased from 17 million metric tons in 2005 to 27.6 million metric tons in 2021. Meanwhile, imports of unwrought aluminum and aluminum alloys nearly reached 28 million metric tons worldwide that year.

The Aluminum Forging Market Report is Segmented by Forging Type (Open Die Forging, Close Die Forging, and Ring Rolled Forging), End-User Industry (Aerospace and Defense, Automotive and Transportation, Industrial Machinery, Construction, and Other End-User Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Report Offers Market Size and Forecasts for the Aluminum Forging Market in Revenue (USD) for all the Above Segments.

222 Global export shipment records of Aluminium 6063 Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.