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.

Learn about the various factors contributing to the rise in aluminum prices, including increased demand from the automotive and construction industries, ongoing trade tensions, and the rising cost of energy.

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.

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.

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.

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.

Aluminum prices in , October, 2025 For that commodity indicator, we provide data from January 1960 to October 2025. The average value during that period was 1454.43 USD per metric ton with a minimum of 496.04 USD per metric ton in March 1962 and a maximum of 3577.86 USD per metric ton in June 1988. | TheGlobalEconomy.com

According to Cognitive Market Research, the global Aluminium Scrap market size is USD 8152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 3260.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2445.66 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1875.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 407.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 163.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Aluminium held the highest Aluminium Scrap market revenue share in 2024.

Market Dynamics of Aluminium Scrap Market

Key Drivers of Aluminium Scrap Market

Rising Primary Aluminium Prices to Increase the Demand Globally

The price fluctuation of raw aluminum greatly impacts the demand for aluminum scrap. The demand for aluminum scrap increases because companies look for more affordable options when basic aluminum prices rise. This change happens because it becomes more cost-effective to employ scrap aluminum in manufacturing operations rather than paying more for primary aluminum. As a result, industries are increasingly using aluminum waste as a replacement material to save costs without sacrificing production efficiency. As a result, changes in primary aluminum pricing significantly impact market dynamics, with increased prices frequently resulting in an increase in the demand for aluminum scrap across various industrial sectors.

Growing Demand for Aluminum to Propel Market Growth

The need for aluminum scrap is rising due to the growing demand for aluminum in various industries, including packaging, construction, and transportation. The need for scrap aluminum increases with industries' continued reliance on aluminum due to its lightweight, strong, and recyclable qualities to meet production demands. Since aluminum is a necessary component of many manufacturing processes, there is a direct relationship between the demand for aluminum goods and the demand for aluminum scrap. This pattern emphasizes how crucial aluminum scrap is to maintaining production cycles and satisfying the growing need for aluminum across various industrial applications.

Restraint Factors of Aluminium Scrap Market

Strict Quality Requirements to Limit the Sales

Strict quality standards present a major obstacle in the market for aluminum scrap. Every application has unique requirements for quality, and not meeting these requirements can lead to rejection and financial losses for processors and collectors alike. Proper sorting and minimal contamination are essential to guarantee that scrap satisfies the requirements for usage in manufacturing processes. It is imperative to allocate resources toward sophisticated sorting technology and enforce stringent quality control methods to minimize the likelihood of rejection and preserve the integrity of the aluminum scrap supply chain. Strict adherence to quality standards protects against monetary losses and builds industry confidence and dependability, ensuring aluminum scrap's continued viability as a valuable resource.

Ultimately, as the industry seeks equilibrium between scientific innovation and practical utility, the challenge posed by limited stability becomes a catalyst for refinement, prompting the Aluminium Scrap market to navigate the delicate balance between the inherent characteristics of these compounds and the demands of robust sales and accessibility.

Impact of COVID-19 on the Aluminium Scrap Market

The COVID-19 outbreak has significantly impacted the market for aluminum scrap. Global supply chain disruptions, a decline in production, and varying demand have presented the sector with formidable obstacles. Movement restrictions and lockdown measures made collecting and processing scrap more difficult, affecting the supply of raw mate...

Learn about the current price of aluminum and what factors are causing the increase, including supply chain disruptions, trade tensions, and rising demand in key industries such as automotive and aerospace. Discover what the future holds for aluminum prices in the wake of the COVID-19 pandemic.

Explore the factors influencing aluminum prices in 2023, including rising demand from the automotive and aerospace sectors, supply constraints, energy costs, and geopolitical tensions, amidst a global push towards sustainability.

Transaction Price: Aluminum: AOO: Xian data was reported at 14,730.000 RMB/Ton in Nov 2019. This records an increase from the previous number of 14,390.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Xian data is updated monthly, averaging 15,500.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 267 observations. The data reached an all-time high of 22,716.670 RMB/Ton in May 2006 and a record low of 10,850.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Xian 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.PG: Aluminum Price.

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 Sep 2025 about aluminum, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

According to Cognitive Market Research, the global Aluminum Oxide market size is USD 5518.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 6.30% from 2023 to 2030.

North America held the major market of around 40% of the global revenue with a market size of USD 2207.28 million in 2023 and will grow at a compound annual growth rate (CAGR) of 4.5% from 2023 to 2030
Europe accounted for a share of around 30% of the global market size of USD 1655.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1269.19 million in 2023 and will grow at a compound annual growth rate (CAGR) of 8.3% from 2023 to 2030
Latin America market of around 5% of the global revenue with a market size of USD 275.91 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2023 to 2030
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 110.36 million in 2023 and will grow at a compound annual growth rate (CAGR) of 6.00% from 2023 to 2030

Growing Demand in Industrial Applications to Provide Viable Market Output

The aluminum oxide market experiences robust growth due to an escalating demand in various industrial applications. Renowned for its hardness, thermal stability, and versatility, aluminum oxide is a cornerstone in manufacturing abrasives, refractories, and ceramics. Industries, including automotive, aerospace, and construction, rely on aluminum oxide for high-performance surface finishing, enhancing product quality and durability. Moreover, the compound's role as a catalyst in the aluminum refining process makes it indispensable for the booming aluminum production sector. As industrial activities continue to expand globally, the demand for aluminum oxide is poised to rise, driven by its critical role in ensuring the efficiency and quality of diverse manufacturing processes. This escalating industrial demand positions aluminum oxide as a key player in providing a viable and dynamic market output.

Rising Demand in Electronics to Propel Market Growth

The aluminum oxide market is experiencing accelerated growth driven by a rising demand in the electronics sector. Aluminum oxide's exceptional electrical insulating properties make it a pivotal component in the production of semiconductors and electronic devices. As the electronics industry continues to advance with innovations in consumer electronics, telecommunications, and emerging technologies like 5G, the demand for aluminum oxide is set to soar. Its application extends to various electronic components, ensuring efficient insulation and reliability. The increasing integration of aluminum oxide in electronic manufacturing processes positions it as a critical material for the evolving tech landscape. This upward trajectory in demand from the electronics industry propels substantial growth in the aluminum oxide market, underscoring its significance in shaping the future of electronic devices and technologies.

Market Restraints of the Aluminum Oxide Market

Raw Material Price Volatility to Restrict Market Growth

Raw material price volatility emerges as a formidable restraint in the aluminum oxide market, notably due to the sensitivity of the industry to fluctuations in bauxite prices. Bauxite, a primary source for aluminum oxide production, experiences price variations influenced by geopolitical factors, supply chain disruptions, and global economic conditions. Sudden spikes in bauxite costs can escalate manufacturing expenses, impacting the overall pricing structure of aluminum oxide products. This price instability poses challenges for manufacturers in maintaining competitive pricing and stable profit margins. Mitigating strategies, such as long-term supply contracts or diversification of raw material sources, become essential for industry players to navigate the uncertainties associated with raw material pricing. The market's resilience and long-term growth are contingent upon effectively managing and adapting to the inherent volatility in the cost of essential raw materials.

Impact of COVID-19 on the Aluminum Oxide Market

The COVID-19 pandemic exerted a multifaceted impact on the aluminum oxide market. Initially, disruptions in global supply chains and reduced industrial activities led to a temporary decline in demand for aluminum oxide across sectors ...

Aluminum prices averaged ***** U.S. dollars per metric ton in the third quarter (Q3) of 2025. That was a slight increase from the previous quarter, when the price of aluminum stood at ***** U.S. dollars per ton.

Transaction Price: Aluminum: AOO: Nanchang data was reported at 14,753.330 RMB/Ton in Sep 2019. This records an increase from the previous number of 13,683.330 RMB/Ton for Feb 2019. Transaction Price: Aluminum: AOO: Nanchang data is updated monthly, averaging 16,000.000 RMB/Ton from Dec 1995 (Median) to Sep 2019, with 104 observations. The data reached an all-time high of 19,000.000 RMB/Ton in Dec 1996 and a record low of 13,683.330 RMB/Ton in Feb 2019. Transaction Price: Aluminum: AOO: Nanchang 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.PG: Aluminum Price.

In Q3 2025, North America, the Aluminium Sheet Price Index rose by 4.9% quarter-over-quarter, driven by tariff-induced feedstock cost shock. Check detailed insights for Europe, MEA and APAC.

The global aluminum metals market, valued at $90 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 2.9% from 2025 to 2033. This growth is driven by increasing demand across diverse sectors, notably the aviation and military industries, where lightweight yet strong aluminum alloys are crucial for aircraft and defense applications. The rising adoption of aluminum in industrial manufacturing, particularly in automotive components and packaging, further fuels market expansion. Growth in the medical industry, utilizing aluminum in medical devices and equipment, also contributes significantly. While challenges exist, such as fluctuating aluminum prices and environmental concerns surrounding production, technological advancements in aluminum alloys and recycling initiatives are mitigating these restraints. The market segmentation reveals strong performance across various applications, with the aviation and military sectors leading the way due to stringent material requirements and technological improvements. Regional growth is expected to be geographically diverse, with North America and Asia Pacific anticipated to be key contributors due to established manufacturing bases and growing industrialization. The sustained CAGR of 2.9% reflects a consistent, albeit moderate, expansion. This indicates a stable market with predictable growth trajectory, attractive for both established players and new entrants. Companies like Alcoa, Rio Tinto Alcan, and Rusal, along with other key players, are poised to benefit from this growth, driven by both organic expansion and strategic partnerships. Furthermore, ongoing innovation in aluminum production processes and alloy development is expected to enhance the material's properties, leading to wider applications and continued market expansion throughout the forecast period. The expanding use of aluminum in sustainable solutions, including lightweight vehicles and energy-efficient infrastructure, is also expected to boost demand in the long term.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Other Fabricated Structural Iron and Steel, Aluminum, and Other Metals (WPU10740554) from Dec 2007 to Sep 2025 about ships, aluminum, fabrication, iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Transaction Price: Aluminum: AOO: Urumqi data was reported at 14,000.000 RMB/Ton in Jun 2009. This records an increase from the previous number of 13,800.000 RMB/Ton for May 2009. Transaction Price: Aluminum: AOO: Urumqi data is updated monthly, averaging 16,500.000 RMB/Ton from Dec 1995 (Median) to Jun 2009, with 107 observations. The data reached an all-time high of 22,666.670 RMB/Ton in Dec 2006 and a record low of 12,000.000 RMB/Ton in Dec 2008. Transaction Price: Aluminum: AOO: Urumqi 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.PG: Aluminum Price.