Aluminum rose to 2,603.55 USD/T on June 30, 2025, up 0.18% from the previous day. Over the past month, Aluminum's price has risen 5.21%, and is up 3.50% 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 June of 2025.

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.

Learn about the primary raw materials used to produce aluminum, how the global demand and supply dynamics affect the price, and the factors that impact the cost of production. Discover how fluctuations in aluminum prices can affect a company's profitability and the strategies they use to manage price risk.

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.

Learn about the aluminum raw material price index, an important tool that provides valuable information on the price trends of aluminum raw materials. Discover how it can help businesses and investors make informed decisions for long-term growth and success.

This statistic depicts the average monthly prices for aluminum worldwide from January 2014 through January 2025. In January 2025, the average monthly price for aluminum stood at ******* nominal U.S. dollars per metric ton.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Hot Impression Die, Impact, Press and Upset Aluminum and Aluminum Alloy Forgings (WPU1027011111) from Dec 2007 to May 2025 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Learn about the various factors that can impact the price of aluminum alloy per pound, including current market conditions, alloy composition, and quantity purchased. Get insights into commonly used alloys and how global economic trends and geopolitical events can create fluctuations in pricing.

Learn about the various factors that affect the cost of aluminum, including supply and demand, production processes, and market conditions, and how these factors can impact the price of the metal in various applications.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Extruded Aluminum Shapes, Including Rod, Bar, and Wire (WPU10250162) from Dec 2004 to May 2025 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2024, the average market spot price of an aluminum ingot was estimated at 1.3 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 750,000 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 43 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 14 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.

Explore the dynamics of aluminum alloy pricing on the London Metal Exchange (LME) and its impact on global commodities markets. Understand how demand, economic growth, production levels, and energy costs influence prices, and discover the role of geopolitical factors and government policies in shaping the aluminum market.

China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data was reported at 21,078.670 RMB/Ton in Mar 2025. This records an increase from the previous number of 20,557.330 RMB/Ton for Feb 2025. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data is updated monthly, averaging 15,841.100 RMB/Ton from Jan 2001 (Median) to Mar 2025, with 291 observations. The data reached an all-time high of 23,216.140 RMB/Ton in Mar 2022 and a record low of 10,773.000 RMB/Ton in Nov 2015. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PA: Price Monitoring Center, NDRC: 36 City Monthly Avg: Transaction Price: Production Material.

Why did the Aluminium Alloy Ingot Price Change in May 2025? The Aluminium Alloy Ingot Price Index in the US displayed steady growth during Q1 2025, with spot prices reaching USD 3,166/MT DEL Alabama by quarter-end.

The global aluminum material market is experiencing robust growth, driven by increasing demand from diverse sectors such as automotive, construction, packaging, and aerospace. Our analysis projects a market size of approximately $200 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This sustained expansion is fueled by several key factors. The automotive industry's shift towards lightweight vehicles to improve fuel efficiency is a significant driver. Similarly, the construction sector's reliance on aluminum for its durability and corrosion resistance contributes significantly to market growth. Rising disposable incomes, particularly in developing economies, are further boosting demand for consumer goods containing aluminum, like packaging and electronic components. Technological advancements in aluminum alloys, enabling the creation of stronger and more lightweight materials, are also propelling market expansion. However, fluctuations in raw material prices (bauxite and energy costs) and environmental concerns surrounding aluminum production pose potential restraints on market growth. Despite these challenges, the market's positive trajectory is expected to continue. The strategic investments by major players like Aluminum Corporation of China, Alcoa, Rio Tinto, and UC Rusal in expanding production capacities and research and development are poised to further fuel market growth. Market segmentation reveals promising opportunities within specific applications, such as high-strength aluminum alloys for aerospace and specialized aluminum products for the electronics industry. Geographical expansion, particularly in regions with burgeoning infrastructure development and industrial growth, also presents significant potential for market expansion. The forecast period (2025-2033) suggests a steady increase in market value, reaching an estimated $300 billion by 2033, indicating a sustained and promising outlook for the aluminum material market.

United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes was 256.32700 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes reached a record high of 287.61300 in April of 2022 and a record low of 20.10000 in June of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Mill Shapes - last updated from the United States Federal Reserve on June of 2025.

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).

Graph and download economic data for Producer Price Index by Commodity for Metals and Metal Products: Permanent and Semi-Permanent Mold Castings, Aluminum and Aluminum-Base Alloy (WPU10280205) from Jun 1983 to May 2018 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The global aluminum raw material market is experiencing robust growth, driven by increasing demand from diverse sectors. While precise figures for market size and CAGR are not provided, we can infer significant expansion based on the listed applications and key players. The transportation industry, fueled by the automotive and aerospace sectors' reliance on lightweight yet strong aluminum alloys, is a primary growth driver. The packaging industry also contributes substantially, with aluminum cans and foils maintaining strong market presence. Construction and electronics further enhance market demand, with aluminum finding use in building materials and electronic components. The market is segmented by billet series (1000, 3000, 6000, and others) reflecting varying alloy compositions tailored to specific applications. Major players like Rusal, Rio Tinto, Alcoa, and others control a substantial market share, indicating a degree of consolidation. However, emerging economies in Asia-Pacific, particularly China and India, are fostering local production and consumption, creating competitive dynamics. The forecast period (2025-2033) is expected to see continued expansion, possibly at a CAGR in the mid-single digits to low double digits, reflecting ongoing industrialization and the sustained preference for aluminum's advantageous properties across several industries. Growth might be tempered by fluctuations in global commodity prices and supply chain disruptions, but overall, the long-term outlook for the aluminum raw material market remains positive. The geographic distribution of the market reveals significant regional variations. North America and Europe, historically significant aluminum-consuming regions, continue to hold a substantial share, while Asia-Pacific is experiencing rapid growth due to strong industrialization and urbanization. The Middle East and Africa, though possessing significant aluminum production capacity, may show more moderate expansion, depending on the economic conditions and infrastructural development within the region. South America's market growth will be influenced by the economic performance of key players like Brazil. Understanding the interplay of these regional factors is crucial for strategic market entry and investment decisions. The diverse applications, combined with a competitive yet established industry landscape, ensures a dynamic and evolving market environment for aluminum raw materials.

According to Cognitive Market Research, the global Aluminium Alloy for Aerospace Application market size is USD 8815.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% 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 3526.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2644.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2027.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 440.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% 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 176.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Sand Casting held the highest Aluminium Alloy for Aerospace Application market revenue share in 2024.

Market Dynamics of Aluminium Alloy for Aerospace Application Market

Key Drivers for Aluminium Alloy for Aerospace Application Market

Growth of the Aerospace Industry to Increase the Demand Globally

The worldwide aerospace industry is witnessing a consistent boom pushed by way of rising air tour calls for growing disposable profits and improvements in the aircraft era. This surge is fueling the need for lightweight lightweight and high-overall performance substances, including aluminum alloys, which are crucial for building modern aircraft. As air travel turns into more accessible and low priced, airlines are increasing their fleets, necessitating the development of extra efficient and durable substances to enhance gasoline efficiency and reduce emissions. Consequently, the aerospace quarter's growth is closely linked to improvements in material and technological know-how, ensuring that new planes aren't only lighter and stronger but also able to meet stringent environmental requirements. This symbiotic courting underscores the pivotal function of advanced materials inside the enterprise's destiny.

Fuel Efficiency Demands to Propel Market Growth

Airlines are constantly striving to improve fuel performance to cut prices and minimize environmental effects. Aluminum alloys are critical in this undertaking, thanks to their tremendous power-to-weight ratio. Lighter aircraft, constructed with those superior materials, eat less gasoline, making them extra economically and environmentally appealing to airways. This pressure for performance is propelled by means of increasing fuel charges and stringent emissions guidelines, compelling the aviation industry to innovate. Aluminum alloys, consequently, are not just substances but strategic belongings in lowering operational prices and promoting sustainability. As a result, the demand for these high-performance alloys is rising, cementing their significance within the future of aerospace engineering.

Restraint Factor for the Aluminium Alloy for Aerospace Application Market

High Cost of Development to Limit the Sales

Developing and testing new high-overall performance aluminum alloys for aerospace packages is a complex, lengthy, and costly system. This large monetary investment in research and improvement, together with rigorous testing and certification necessities, often limits the number of businesses inclined to adopt such endeavors. Smaller companies, in particular, may also conflict with allocating assets for giant R&D initiatives, leading to a concentration of innovation inside larger, nicely funded agencies. Additionally, the high cost of development can slow the pace of advancement in fabric technology, potentially delaying the advent of extra green and environmentally pleasant planes. Despite these demanding situations, the aerospace industry's demand for advanced substances drives ongoing efforts to overcome those economic and technical hurdles.

Impact of Covid-19 on the Aluminium Alloy for Aerospace Application Market

The COVID-19 pandemic notably impacted the aluminum alloy marketplace for aerospace packages. The crisis led to disruptions...