Aluminum rose to 2,781.20 USD/T on October 21, 2025, up 0.27% from the previous day. Over the past month, Aluminum's price has risen 4.94%, and is up 5.39% 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.

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

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.

Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.

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.

This statistic represents the global aluminum consumption forecast from 2021 to 2029, at a compound annual growth rate of *** percent. In 2021, global aluminum consumption is projected to amount to some **** million metric tons. Aluminum usage for industrial production Thanks to its light weight, durability, and malleability, aluminum is a highly used metal in consumer goods, electronics, and vehicle production. In 2020, roughly ** percent of total aluminum globally was used by the transport sector for manufacturing and production. The trend towards high industrialization across the globe triggered a demand increase for all types of metals necessary for production. In 2020, the size of the global aluminum market was *** billion U.S. dollars. This market is expected to reach approximately *** billion U.S. dollars by 2026. As of 2020, the top three major importers of aluminum and aluminum products were the United States, Germany, and China. The top three exporters were the same countries that same year. Aluminum recycling Primary aluminum production is an very energy-intensive process and this induces organizations to repurpose waste aluminum. Across the globe, firms recycle aluminum to meet the increasing demand and gain profits. The price of one pound of recycled aluminum cans was ** U.S. cents in 2018, down from ** U.S. cents per pound in 2017. This rapid decline in the price of recycled aluminum suggests a surge in aluminum recycling and increasing efficiency of the recycling process worldwide. In 2018, the production volume of recycled aluminum in Asia reached roughly ** million metric tons, up from *** million metric tons in 2014. Nonetheless, not all aluminum waste is recycled. In North America, only ** percent of total aluminum waste was recycled between 2015 and 2017.

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).

In 2021, the average sales price of aluminum in China stood at ****** yuan per ton, a significant increase of **** percent compared to 2020, the highest record in the past decade. The second highest average sales price for aluminum in China occurred in 2011 at ****** yuan per ton.

After two years of decline, the Vietnamese aluminum market increased by 13% to $585M in 2024. Over the period under review, the total consumption indicated moderate growth from 2012 to 2024: its value increased at an average annual rate of +3.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -23.8% against 2021 indices.

Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.

In 2024, the MERCOSUR aluminum market increased by 0.1% to $1.8B for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a abrupt shrinkage. As a result, consumption reached the peak level of $3.5B. From 2022 to 2024, the growth of the market failed to regain momentum.

Last year, China’s aluminum imports skyrocketed from $511M to $3.8B. Malaysia, Russia and India became the largest aluminum suppliers, with a combined 52%-share of China’s imports. Over the last year, the imports from Russia rose thirteen times, while the purchases from Malaysia increased nearly fivefold. India emerged as the third top supplier, moving from the seventh place it held in the previous year. In 2020, the average aluminum import price dropped by -6.2% y-o-y to $1,659 per ton.

At the end of fiscal year 2024, the Wholesale Price Index of aluminum across India was 136. This meant an increase in the WPI of about 42 percent from the base year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

The development of the wholesale trade in non-ferrous metals has been characterised by numerous challenges over the past five years. In addition to highly volatile metal prices, the sector was exposed to fluctuating demand from key customer industries. The industry recorded a slight decline in sales in 2019, as overcapacity in aluminium production led to a fall in the price of aluminium. At the same time, the price of copper fell. These two developments were mainly responsible for the decline in sales in the industry. The weak year was followed by an increase in sales in 2021, which was due to increased demand and significantly higher prices for aluminium and copper. Despite the negative impact of the coronavirus pandemic and the war in Ukraine, the industry was therefore able to record an average annual increase in turnover of 4% between 2019 and 2024. Turnover of €35.7 billion is forecast for the current year, which corresponds to a decline in turnover of 0.6% compared to the previous year. Since 2023, macroeconomic inflationary pressure has had a negative impact on the metal trade, primarily due to continued high energy and commodity prices coupled with a slowdown in investment and business activity on the customer side. The European zinc supply was particularly affected by this. In the current year, the industry's sales growth is likely to continue to be held back by falling aluminium prices and subdued customer markets. However, the industry is benefiting from rising demand in the field of electromobility.In the next five years, turnover in the industry is expected to increase by an average of 0.6% per year to an estimated 36.9 billion euros in 2029. This growth is mainly based on high demand for aluminium and copper in particular, which will have a positive impact on the prices of these metals. The trend towards electromobility and the increase in lightweight construction in the automotive industry are likely to boost demand for aluminium and copper. By contrast, the construction industry is likely to develop less dynamically over the next five years. Trade policy tensions are likely to persist and affect the future development of the industry.

United States PPI: Weights: MM: Nonferrous: Foundry: Aluminum Castings data was reported at 0.131 % in 2024. This records an increase from the previous number of 0.128 % for 2023. United States PPI: Weights: MM: Nonferrous: Foundry: Aluminum Castings data is updated yearly, averaging 0.141 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.173 % in 2008 and a record low of 0.118 % in 2021. United States PPI: Weights: MM: Nonferrous: Foundry: Aluminum Castings data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.

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The aluminum market for packaging industry share is expected to increase by 2376.08 thousand tons from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4.19%. This aluminum market for packaging industry research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The aluminum market for packaging industry report also offers information on several market vendors, including Alcoa Corp., Amcor Plc, Ardagh Group SA, Ball Corp., Constellium SE, Crown Holdings Inc., Ess Dee Aluminium Ltd., Hindalco Industries Ltd., Norsk Hydro ASA, and United Company Rusal IPJSC among others. Furthermore, this report extensively covers aluminum market for packaging industry segmentation by type (foils, sheets, and others), application (consumer packaging and pharmaceutical packaging), and geography (APAC, Europe, North America, South America, MEA, APAC, Europe, North America, South America, and MEA).

What will the Aluminum Market For Packaging Industry Size be During the Forecast Period?

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Aluminum Market For Packaging Industry: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing need for sustainable packaging is notably driving the aluminum market for packaging industry growth, although factors such as volatility in raw material prices may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the aluminum market for packaging industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Aluminum Market For Packaging Industry Driver

The growing need for sustainable packaging is notably driving the aluminum market growth for the packaging industry. Packaging helps in protecting its contents from environmental influences. Also, it helps in protecting the environment from potentially dangerous products that are present in it. Out of all the raw materials used for packaging, aluminum has one of the most robust recycling infrastructures compared with other packaging materials. They are 100% recyclable and can be recycled many times within a short time, without any loss in the quality of the material. Also, aluminum cans are lightweight, unbreakable, and provide superior product protection.Aluminum cans can be easily separated from substrates in a waste stream. Aluminum can be separated by using eddy current technology. Hence, it is easy for vendors to separate these metals from waste and reuse them for packaging. Due to the presence of effective metal-segregation methods, most metals used for packaging are recycled across the globe. For instance, 65%-75% of all aluminum cans are recycled globally, thus making metal packaging the world s most sustainable packaging product.The unique sustainability feature of metal packaging is one of its biggest advantages compared with other packaging materials. This, in turn, drives the growth of the global aluminum market for the packaging industry.

Key Aluminum Market For Packaging Industry Trend

Increasing adoption of lightweight packaging is another factor driving the aluminum market growth for the packaging industry. Lightweight packaging is achieved through the reduction of the number of raw materials used while manufacturing the product. Lighter packaging lowers transportation costs and supports improved sustainability and company profitability targets. Vendors and manufacturers are investing in R&D to innovate lightweight aluminum foil packaging to enhance the end-user segment usability and reduce wastage. This kind of packaging is cost-effective and recyclable. Because glass is heavy, it is cumbersome to transport, which scales up the cost of bottling and production. Below are some of the recent introduction of lightweight weight aluminum packaging:In January 2020, aluminum packaging solution provider Ball Corp. announced that it was set to launch a new recyclable extruded aluminum bottle line, which would be lightweight and could be conveniently recycled.In January 2020, Ball Corp. released a new range of 360 aerosol cans that can protect the product while in transit yet being lightweight

Key Aluminum Market For Packaging Industry Challenge

Volatility in raw material prices is a major hindrance to the aluminum market growth for the packaging industry. The cost of raw materials is one of the major factors determining the end-product price. Hence, any fluctuation in raw material prices affects the vendors operating in the global aluminum market for the packaging industry. The widening of the gap b

Market Size and Growth: The global aluminum squeeze tube market size is projected to reach USD XXX million by 2033, exhibiting a CAGR of XX% during the forecast period 2025-2033. This growth is attributed to the rising demand from end-use industries such as personal care, pharmaceutical, and food & beverage. The increasing adoption of aluminum squeeze tubes as a sustainable packaging solution and the growing consumer preference for convenience and portability are also driving the market. Drivers, Trends, and Restraints: Key drivers of the market include the increasing demand for eco-friendly packaging, the expanding personal care and cosmetics industry, and the growing popularity of online retail. The trend towards personalization and customization of squeeze tubes is also opening up new growth opportunities. However, factors such as the availability of alternative packaging materials, fluctuations in aluminum prices, and stringent regulations on packaging waste can act as restraints to market expansion. Report Description This exclusive report provides an in-depth analysis of the global aluminum squeeze tube market, with key insights into market dynamics, trends, and growth drivers. The comprehensive data and analysis cover the period from 2021 to 2030, providing valuable information for stakeholders across the industry. Report Link: | Website Link | |---|---| | Aluminum Squeeze Tube Market Analysis |

The apparent consumption of aluminum in the United States totaled *** million metric tons in 2024, an increase from the previous year, when the amount was **** million metric tons. U.S. aluminum consumption Transportation applications accounted for about ** 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 **** U.S. dollars per pound in 2024. Proposed aluminum tariffs The President of the United States has announced to impose a ** 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 *** million metric tons of aluminum for consumption in 2024.

LME Index rose to 4,515.40 Index Points on October 20, 2025, up 0.67% from the previous day. Over the past month, LME Index's price has risen 5.68%, and is up 8.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on October of 2025.