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.
The average price of aluminum fluctuated in recent year and increased significantly since 2020. In 2022, the average price was the metal was 2,795 U.S. dollars per metric ton, compared to 1,704 U.S. dollars in 2020.
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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.
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 2,573.4 nominal U.S. dollars per metric ton.
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During the last quarter of 2024, the aluminum prices in the USA reached 4628 USD/MT in December. As per the aluminum price chart, the prices increased by around 10.45% compared to the same quarter last year. The market held steady in the face of worldwide unpredictability. While trade policy debates and tariff considerations influenced investor behavior, the effects of China's changed export policies were continuously observed.
Product
| Category | Region | Price |
---|---|---|---|
Aluminum | Metal & Metalloids | USA | 4628 USD/MT |
Aluminum | Metal & Metalloids | China | 2730 USD/MT |
Aluminum | Metal & Metalloids | Germany | 3608 USD/MT |
Explore IMARC’s newly published report, titled “Aluminum Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of aluminum pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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Chile Average Price: Aluminum data was reported at 0.876 USD/lb in Dec 2018. This records a decrease from the previous number of 0.879 USD/lb for Nov 2018. Chile Average Price: Aluminum data is updated monthly, averaging 0.772 USD/lb from Jan 1988 (Median) to Dec 2018, with 372 observations. The data reached an all-time high of 1.649 USD/lb in Jun 1988 and a record low of 0.472 USD/lb in Nov 1993. Chile Average Price: Aluminum data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.
Aluminum prices averaged 2,523 U.S. dollars per metric ton in the second quarter (Q2) of 2024. That represented nearly 13 percent more than the previous quarter, when the price of aluminum stood at 2,203 U.S. dollars per ton.
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Transaction Price: Aluminum: AOO: Xiamen data was reported at 13,930.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 14,000.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Xiamen data is updated monthly, averaging 15,490.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 274 observations. The data reached an all-time high of 21,626.670 RMB/Ton in Dec 2006 and a record low of 9,710.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Xiamen 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.
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Transaction Price: Aluminum: AOO: Shenyang data was reported at 13,910.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 13,930.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Shenyang data is updated monthly, averaging 15,000.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 281 observations. The data reached an all-time high of 22,500.000 RMB/Ton in May 2006 and a record low of 10,500.000 RMB/Ton in Dec 2015. Transaction Price: Aluminum: AOO: Shenyang 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.
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Transaction Price: Aluminum: AOO: Nanjing data was reported at 14,000.000 RMB/Ton in Nov 2019. This stayed constant from the previous number of 14,000.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Nanjing data is updated monthly, averaging 14,830.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 281 observations. The data reached an all-time high of 21,500.000 RMB/Ton in Oct 2006 and a record low of 9,780.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Nanjing 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.
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In value terms, aluminium foil imports totaled $11B in 2016. The total import value increased at an average annual rate of +1.0% from 2007 to 2016, the trend pattern indicated some noticeable fluctuat...
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The aluminum alloy ingot prices in the United States for Q2 2024 reached 3320 USD/MT in June. The market reflected strong growth as demand from key industries surged. Seasonal peaks driven by summer demand and intensified industrial activity contributed to rising prices. Key supply constraints and sustainability regulations added upward pressure, creating a positive market outlook with strong investor interest and strategic stockpiling that further underscored the upward trend in prices.
Product | Category | Region | Price |
---|---|---|---|
Aluminum Alloy Ingot | Metal & Metalloids | USA | 3320 USD/MT |
Aluminum Alloy Ingot | Metal & Metalloids | China | 2500 USD/MT |
Aluminum Alloy Ingot | Metal & Metalloids | Europe | 3490 USD/MT |
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Transaction Price: Aluminum: AOO: Hohhot data was reported at 15,000.000 RMB/Ton in Nov 2019. This stayed constant from the previous number of 15,000.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Hohhot data is updated monthly, averaging 16,000.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 275 observations. The data reached an all-time high of 22,000.000 RMB/Ton in Dec 2006 and a record low of 11,500.000 RMB/Ton in Dec 2015. Transaction Price: Aluminum: AOO: Hohhot 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.
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In value terms, aluminum articles exports totaled $16B in 2016. The total export value increased at an average annual rate of +2.2% from 2007 to 2016, however, the trend pattern indicated some noticea...
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Transaction Price: Aluminum: AOO: Harbin data was reported at 14,550.000 RMB/Ton in Nov 2019. This records a decrease from the previous number of 14,600.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Harbin data is updated monthly, averaging 15,600.000 RMB/Ton from Dec 1995 (Median) to Nov 2019, with 277 observations. The data reached an all-time high of 22,500.000 RMB/Ton in Jan 1996 and a record low of 10,500.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Harbin 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.
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In value terms, aluminum tube and pipe fittings exports amounted to $834M in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
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.
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In 2016, approx. 227M tons of aluminium were imported worldwide- remaining relatively unchanged against the previous year figure. The total import volume increased at an average annual rate of +2.4%...
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Transaction Price: Aluminum: AOO: Kunming data was reported at 14,120.000 RMB/Ton in Nov 2019. This records an increase from the previous number of 13,950.000 RMB/Ton for Oct 2019. Transaction Price: Aluminum: AOO: Kunming data is updated monthly, averaging 15,000.000 RMB/Ton from Jan 1996 (Median) to Nov 2019, with 272 observations. The data reached an all-time high of 22,666.670 RMB/Ton in May 2006 and a record low of 10,200.000 RMB/Ton in Nov 2015. Transaction Price: Aluminum: AOO: Kunming 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.
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China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data was reported at 20,331.170 RMB/Ton in Jan 2025. This records a decrease from the previous number of 20,725.690 RMB/Ton for Dec 2024. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data is updated monthly, averaging 15,835.000 RMB/Ton from Jan 2001 (Median) to Jan 2025, with 289 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.
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.