Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% 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 December of 2025.

View monthly updates and historical trends for Aluminum Price. Source: World Bank. Track economic data with YCharts analytics.

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.

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.

The U.S. secondary aluminum market amounted to $9.3B in 2024, remaining constant against the previous year. The market value increased at an average annual rate of +2.8% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $11B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

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.

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%

Aluminium Market Analyzed by Top Investment Segments

Series	CAGR (2025 to 2035)
Series 5 Aluminium	7.2%

Processing	CAGR (2025 to 2035)
Extrusions	7.4%

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%

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.

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.

Explore the history of aluminum prices and the various factors that impact its value, from global supply and demand to economic shifts and geopolitical instability. Learn how investors and industry professionals can navigate the complex world of aluminum pricing.

The global aluminum market had a value of nearly 223 billion U.S. dollars in 2024. The aluminum market is forecast to have a value in excess of 300 billion U.S. dollars in 2030.

Learn about the factors that influence the price of aluminum in the stock market, including supply and demand, economic conditions, political instability, and environmental factors. This article provides insights on tracking the aluminum market through various stock market indices and making informed investment decisions.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Secondary Aluminum (WPU102402) from Dec 1980 to Sep 2025 about aluminum, secondary, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The size of the Automotive Aluminum Market was valued at USD 10.45 Billion in 2023 and is projected to reach USD 24.28 Billion by 2032, with an expected CAGR of 12.80% during the forecast period. 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.

Discover the booming aluminum market! This in-depth analysis reveals a $176.61B market projected to grow at a 3.33% CAGR through 2033, driven by transportation, construction, and packaging. Explore key trends, leading companies, and regional insights. Learn more!

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Aluminum Market Size 2025-2029

The aluminum market size is valued to increase USD 37.87 billion, at a CAGR of 3.9% from 2024 to 2029. Increasing demand for aluminum in EVs will drive the aluminum market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 40% growth during the forecast period.
By End-user - Transportation segment was valued at USD 47.9 billion in 2023
By Type - Primary aluminum segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 29.49 million
Market Future Opportunities: USD 37871.00 million
CAGR from 2024 to 2029 : 3.9%

Market Summary

The market encompasses the production, manufacturing, and application of aluminum and its alloys. This dynamic market is driven by the increasing demand for lightweight materials in various industries, including automotive and aerospace, where aluminum's strength-to-weight ratio offers significant advantages. In the automotive sector, the rising adoption of electric vehicles (EVs) is fueling growth, with aluminum expected to account for over 40% of the total material usage in EVs by 2025. However, market fluctuations persist due to the volatility of London Metal Exchange (LME) prices for aluminum, presenting both opportunities and challenges for market participants. Despite these challenges, the market continues to evolve, with ongoing research and development in core technologies such as recycling and alloy production driving innovation and efficiency.

What will be the Size of the Aluminum Market during the forecast period?

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How is the Aluminum Market Segmented?

The aluminum industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Transportation
  Construction
  Packaging
  Electrical engineering
  Others


Type

  Primary aluminum
  Secondary aluminum


Technology

  Extrusion
  Casting
  Rolling
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Poland
    Spain


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The transportation segment is estimated to witness significant growth during the forecast period.

The market encompasses various processes, including alumina refining, smelting, and powder metallurgy, to produce this versatile metal. Aluminum's extensive applications span industries such as aerospace, automotive, rail transportation, and marine, driven by its lightweight properties and excellent corrosion resistance. In the aerospace sector, aluminum's use is prevalent, accounting for approximately 76%-79% of an aircraft's body. Aluminum alloys, like 7075, are widely adopted, containing aluminum, zinc, magnesium, and copper. In the aerospace industry, aluminum's adoption is significant, with the segment projected to expand by 15% in the upcoming years. Simultaneously, the automotive sector anticipates a 12% increase in aluminum usage due to the metal's fuel efficiency and weight reduction benefits.

The rail transportation and marine industries also contribute to the market's growth, with an expected 9% and 8% rise, respectively. The market's evolution is marked by advancements in processes like die casting, elongation percentage testing, and surface treatment, ensuring enhanced mechanical properties. Furthermore, the electrolysis process plays a crucial role in cathode production, while precision casting and forging techniques enable the creation of intricate shapes. In the realm of aluminum alloys, the market offers a diverse range, each with unique properties catering to various applications. For instance, alloying elements like magnesium, zinc, and copper contribute to increased yield strength and improved fatigue strength.

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The Transportation segment was valued at USD 47.9 billion in 2019 and showed a gradual increase during the forecast period.

Microstructure analysis and conductivity measurement are essential in optimizing alloy compositions. The recycling processes, including secondary aluminum production and anodizing, contribute significantly to the market's sustainability and cost-effectiveness. As the market continues to unfold, rolling mills, anode baking, and grain size distribution analysis will remain crucial in maintaining high-quality aluminum products. In summary, the market is a dynamic and evolving industry, with a strong focus on innovation and sustainability. Its extensive applications across various sectors, such as aerospace, automotive, rail transportation, and marine, underscore its importance in today's economy. The market's cont

The global aluminum metals market is booming, projected to reach $113.15 billion by 2033, with a CAGR of 2.9%. Driven by automotive, construction, and packaging demands, this report analyzes market trends, key players (Alcoa, Rio Tinto), and regional growth, offering valuable insights for investors and industry professionals.

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.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Aluminum Index: The Future of TR/CC CRB?

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

In Q3 2025, North America, the Aluminium Ingot Price Index rose by 7.35% quarter-over-quarter in Q3 2025, tariff-driven tightening. Check detailed insights for Europe and APAC.

For the third consecutive year, the Canadian aluminum market recorded decline in sales value, which decreased by -13.2% to $853M in 2024. Over the period under review, consumption saw a perceptible decline. As a result, consumption attained the peak level of $3.5B. From 2020 to 2024, the growth of the market remained at a lower figure.