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This data release contains the U.S. salient statistics and world production data extracted from the ALUMINUM data sheet of the USGS Mineral Commodity Summaries 2025.
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.
Roughly half of semi-finished aluminum products distributed worldwide were consumed by the transport and construction industries in 2020, with construction corresponding to a quarter of the total demand for that year. Aluminum is one of the most abundant metal element in the Earth’s crust and a leading metals produced worldwide each year. It is typically used in alloys with low quantities of other metals and can be found in automobiles, airplanes and drinks cans. A leading market The aluminum market value is projected to reach some 250 billion U.S. dollars by 2026, in part due to its slowly increasing average prices. These were projected to reach some 1,680 dollars per metric tons in 2021. Aluminum is also well-known for being a widely recycled metal, with over 19,300 metric tons of recycled aluminum produced worldwide in 2018. Often the metal is said to lead markets due to its wide use in essential sectors; when aluminum consumption falls, this is often indicating that economies may begin to slow, such as when Chinese consumption fell due to Sino-U.S. trade tensions. China is the main producer China is not only the largest consumer of aluminum, but the nation also has the largest smelter production. China’s energy-thirsty smelters largely run on coal energy. Aluminum production has grown in China over 2019, which has caused coal miners to significantly increase production in order to meet demand. In 2019, Chalco and the Hongqiao Group were the principal producers for primary aluminum, surpassing other companies by over 1.9 million metric tons.
With around *** million metric tons of aluminum produced, Chinalco was the world's largest aluminum producing company in 2022. Hongqiao, Rusal, and Xinfa were also ranked among the largest aluminum producers globally at that time. Together, China-based Chinalco and the Hongqiao Group represented an output of over ** million metric tons in 2022. China’s dominance in the aluminum industry The aluminum market has been dominated by China, both in terms of production and international trade. In 2021, China's aluminum production amounted to over ** million metric tons. In 2022, total value of China's aluminum exports was **** billion U.S. dollars. Not only does China's success with aluminum output depend on factories with high production capacities, but China also has some of the largest bauxite reserves in the world. This vertical integration gives China a significant advantage in the global aluminum industry. Outlook of aluminum prices Between 2018 and 2020, average global aluminum prices slumped to just over ***** U.S. dollars per metric ton. This price dip started in 2018 due to concerns over the global economy and the slowing industrial growth in China. However, since then, average aluminum prices have begun to increase considerably, to nearly ***** U.S. dollars per metric ton in 2022.
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Statistics illustrates consumption, production, prices, and trade of Aluminum and Alloys in the World from 2007 to 2024.
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Dominican Republic Exports of aluminum was US$162.26 Million during 2024, according to the United Nations COMTRADE database on international trade. Dominican Republic Exports of aluminum - data, historical chart and statistics - was last updated on July 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.
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Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
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Jordan Exports of aluminum was US$195.57 Million during 2023, according to the United Nations COMTRADE database on international trade. Jordan Exports of aluminum - data, historical chart and statistics - was last updated on June of 2025.
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Statistics illustrates the import volume of Aluminum (Unwrought, Not Alloyed) in Eastern Asia from 2007 to 2024 by trade partner.
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Statistics illustrates the net export volume of Aluminum (Unwrought, Not Alloyed) in GCC from 2007 to 2024 by trade partner.
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United States Imports from Mexico of Aluminum was US$1.84 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Mexico of Aluminum - data, historical chart and statistics - was last updated on July of 2025.
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Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to May 2025 about aluminum, World, and price.
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Colombia Imports of Aluminum was US$514.54 Million during 2023, according to the United Nations COMTRADE database on international trade. Colombia Imports of Aluminum - data, historical chart and statistics - was last updated on June of 2025.
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France Imports of Aluminum was US$8.66 Billion during 2024, according to the United Nations COMTRADE database on international trade. France Imports of Aluminum - data, historical chart and statistics - was last updated on July of 2025.
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Costa Rica Exports of aluminum was US$80.9 Million during 2023, according to the United Nations COMTRADE database on international trade. Costa Rica Exports of aluminum - data, historical chart and statistics - was last updated on July of 2025.
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Cuba Exports of aluminum was US$4.72 Million during 2022, according to the United Nations COMTRADE database on international trade. Cuba Exports of aluminum - data, historical chart and statistics - was last updated on July of 2025.
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United States Imports from Sweden of Aluminum was US$86.55 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Sweden of Aluminum - data, historical chart and statistics - was last updated on July of 2025.
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Spain Imports of Aluminum was US$5.24 Billion during 2024, according to the United Nations COMTRADE database on international trade. Spain Imports of Aluminum - data, historical chart and statistics - was last updated on July of 2025.
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Italy Exports of aluminum was US$8.83 Billion during 2024, according to the United Nations COMTRADE database on international trade. Italy Exports of aluminum - data, historical chart and statistics - was last updated on July of 2025.
U.S. Government Workshttps://www.usa.gov/government-works
License information was derived automatically
This data release contains the U.S. salient statistics and world production data extracted from the ALUMINUM data sheet of the USGS Mineral Commodity Summaries 2025.