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The Canadian aluminum market contracted remarkably to $766M in 2024, which is down by -25.8% against the previous year. Over the period under review, consumption showed a pronounced slump. As a result, consumption reached the peak level of $5.1B. From 2020 to 2024, the growth of the market failed to regain momentum.
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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.
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Aluminum Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.
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Aluminum price reduced to $3,111 per ton (FOB, Canada) in February 2023 compared to the previous month, a decrease of -31.6%
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Canada Export Price Index: Customs: FM: Aluminum incl Alloys data was reported at 82.100 2002=100 in Aug 2012. This records a decrease from the previous number of 84.600 2002=100 for Jul 2012. Canada Export Price Index: Customs: FM: Aluminum incl Alloys data is updated monthly, averaging 99.950 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 130.100 2002=100 in Jan 2007 and a record low of 77.500 2002=100 in May 2009. Canada Export Price Index: Customs: FM: Aluminum incl Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.
The statistic shows the gross domestic product (GDP) at basic prices for the Canadian alumina and aluminum production and processing industry between 2010 and 2016. In 2016, the GDP for the alumina and aluminum production and processing industry stood at around 4.3 billion Canadian dollars.
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In 2022, the Canadian aluminium market increased by X% to $X, rising for the fourth consecutive year after three years of decline. In general, consumption showed a slight increase. Aluminium consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.
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Canada Import Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Non-Ferrous Metals & Non-Ferrous Metal Alloys (except aluminum) data was reported at 154.600 2017=100 in Sep 2024. This records an increase from the previous number of 152.300 2017=100 for Aug 2024. Canada Import Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Non-Ferrous Metals & Non-Ferrous Metal Alloys (except aluminum) data is updated monthly, averaging 129.800 2017=100 from Jan 2017 (Median) to Sep 2024, with 93 observations. The data reached an all-time high of 156.000 2017=100 in May 2024 and a record low of 95.300 2017=100 in Jan 2017. Canada Import Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Non-Ferrous Metals & Non-Ferrous Metal Alloys (except aluminum) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I031: Import Price Index: 2017=100.
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The United States & Canada aluminum tubes market is set to enjoy a valuation of US$ 177.2 million in 2023. Over the next decade (2023 to 2033), aluminum tube sales across the United States & Canada are likely to soar at 4.4% CAGR. By 2033, the total market value is expected to reach US$ 272.7 million.
Attribute | Key Insights |
---|---|
Estimated United States & Canada Aluminum Tube Market Value (2023) | US$ 177.2 million |
Projected United States & Canada Aluminum Tube Market Size (2033) | US$ 272.7 million |
Value-based CAGR (2023 to 2033) | 4.4% |
Collective Value Share: Top 5 Companies (2022A) | 45% to 50% |
Country-wise Insights
Country | United States |
---|---|
Market Share (2023) | 87.7% |
Market Share (2033) | 85.9% |
BPS Analysis | -180 |
Country | Canada |
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Market Share (2023) | 12.3% |
Market Share (2033) | 14.1% |
BPS Analysis | +180 |
Scope of Report
Attribute | Details |
---|---|
Estimated Market Value (2023) | US$ 177.2 million |
Projected Market Value (2033) | US$ 272.7 million |
Anticipated Growth Rate (2023 to 2033) | 4.4% CAGR |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ Million, Volume in Units, and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Key Countries Covered |
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Key Companies Profiled |
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Forecast: Value Added of Non-Ferrous Metal (Except Aluminum) Smelting and Refining in Canada 2022 - 2026 Discover more data with ReportLinker!
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Forecast: Value Added of Non-Ferrous Metal (Except Copper and Aluminum) Rolling, Drawing, Extruding and Alloying in Canada 2022 - 2026 Discover more data with ReportLinker!
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Canada Import Price Index: Customs: sa: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data was reported at 115.200 2017=100 in Dec 2024. This records an increase from the previous number of 112.400 2017=100 for Nov 2024. Canada Import Price Index: Customs: sa: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data is updated monthly, averaging 111.650 2017=100 from Jan 2017 (Median) to Dec 2024, with 96 observations. The data reached an all-time high of 141.000 2017=100 in Apr 2022 and a record low of 92.000 2017=100 in Jun 2020. Canada Import Price Index: Customs: sa: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I031: Import Price Index: 2017=100.
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14895 Global export shipment records of Aluminium Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
The apparent consumption of aluminum in the United States totaled 4.3 million metric tons in 2024, an increase from the previous year, when the amount was 4.15 million metric tons. U.S. aluminum consumption Transportation applications accounted for about 36 percent of domestic consumption in 2024, with the remainder being mostly used for packaging, building, and electrical purposes. Composites can be substituted for aluminum in various applications. For example, glass, paper, plastics, and steel can be used instead of aluminum in packaging and composites, while steel, vinyl, and wood can replace aluminum in construction applications. The average spot price of aluminum ingots was 1.30 U.S. dollars per pound in 2024. Proposed aluminum tariffs The President of the United States has announced to impose a 25 percent tariff on steel and aluminum imports effective from March 2025. This policy impacts key trading partners, including Canada, Mexico, Japan, South Korea, and the European Union, who were exempt from the 2018 tariffs. The United States imported approximately 4.8 million metric tons of aluminum for consumption in 2024.
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Canada Import Value: HS: Aluminum: Wire, Alloyed, max cross sectional dimension of 7mm or less data was reported at 1,707.002 CAD th in Jan 2025. This records an increase from the previous number of 1,111.435 CAD th for Dec 2024. Canada Import Value: HS: Aluminum: Wire, Alloyed, max cross sectional dimension of 7mm or less data is updated monthly, averaging 667.583 CAD th from Jan 1988 (Median) to Jan 2025, with 445 observations. The data reached an all-time high of 1,707.002 CAD th in Jan 2025 and a record low of 37.944 CAD th in Oct 1988. Canada Import Value: HS: Aluminum: Wire, Alloyed, max cross sectional dimension of 7mm or less data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.WB006: Import Value.
Industrial product price index (IPPI), by major product group by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).
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952 Global import shipment records of Aluminum Casting with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
This graph illustrates the value of U.S. imports of steel and aluminum products in 2017, with a breakdown by key trade partner. U.S. steel and aluminum imports from Canada reached some 12 billion U.S. dollars in 2017.
In 2023, aluminum accounted for the largest import value of all the critical minerals imported to Canada, at 7.25 billion Canadian dollars. Copper imports to Canada had the second-largest import value among all critical minerals that year, at almost 4.6 billion Canadian dollars.
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The Canadian aluminum market contracted remarkably to $766M in 2024, which is down by -25.8% against the previous year. Over the period under review, consumption showed a pronounced slump. As a result, consumption reached the peak level of $5.1B. From 2020 to 2024, the growth of the market failed to regain momentum.