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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Aluminum fell to 2,603.70 USD/T on July 11, 2025, down 0.21% from the previous day. Over the past month, Aluminum's price has risen 3.25%, and is up 4.95% 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 July of 2025.
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.
In 2024, the average market spot price of an aluminum ingot was estimated at 1.3 U.S. dollars per pound. Throughout the indicated period, this was by far the highest spot price for aluminum ingots. The fluctuations in aluminum prices can have far-reaching effects on the economy, influencing costs for products ranging from beverage cans to automotive parts.
Production of aluminum
The primary production of aluminum in the United States has experienced fluctuations recently, with an estimated production volume of 750,000 metric tons in 2023. The primary production process involves the melting of alumina into pure aluminum. While the United States is one of the top 10 producers of primary aluminum, China is leading the way in terms of aluminum smelter production, with a production volume of 43 million metric tons in 2023.
Price comparison with other base metals
The pricing of materials is influenced by various elements, such as manufacturing techniques, availability, and demand in diverse industries. In 2023, of the various base metals, tin was priced approximately at 14 U.S. dollars per pound and was the highest priced base metal at that time. In contrast, aluminum had the fourth highest price that year.
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Learn about the key factors that influence the price of aluminum, including supply and demand, production costs, and geopolitical events. Discover how fluctuations in the construction and transportation industries can impact aluminum prices and why it's important to closely monitor the market.
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3-day, 5-day, 30-day and 180-day average prices of aluminum on SME
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 ******* nominal U.S. dollars per metric ton.
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Aluminum prices in , June, 2025 For that commodity indicator, we provide data from January 1960 to June 2025. The average value during that period was 1448.28 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
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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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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.
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China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data was reported at 21,078.670 RMB/Ton in Mar 2025. This records an increase from the previous number of 20,557.330 RMB/Ton for Feb 2025. China Transaction Price: 36 City Avg: Aluminum, A00 Aluminum Ingot data is updated monthly, averaging 15,841.100 RMB/Ton from Jan 2001 (Median) to Mar 2025, with 291 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.
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Russia Average World Price: Aluminium data was reported at 2,299.700 USD/Ton in May 2018. This records an increase from the previous number of 2,254.700 USD/Ton for Apr 2018. Russia Average World Price: Aluminium data is updated monthly, averaging 1,816.800 USD/Ton from Jun 2000 (Median) to May 2018, with 180 observations. The data reached an all-time high of 2,852.000 USD/Ton in May 2006 and a record low of 1,283.900 USD/Ton in Oct 2001. Russia Average World Price: Aluminium data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Prices – Table RU.PC002: Average World Prices, Crude Oil Export Price, Crude Oil Export Duty.
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Learn about the London Metal Exchange (LME) Aluminum monthly average price, a crucial benchmark for the price of aluminum. Discover how it is calculated, its uses in risk management, and how it influences the global aluminum market.
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Learn about the factors that can affect the price of scrap aluminum per pound, including market demand, regional pricing differences, and the quality of the aluminum being sold. Get tips for maximizing the value of your scrap aluminum.
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Changjiang Average Price tells you the 5-day, 7-day, 30-day, and 180-day average prices of aluminum on the Shanghai Metals Market.
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Chile Average Price: Aluminum: LME data was reported at 1.122 USD/lb in 16 May 2025. This records a decrease from the previous number of 1.125 USD/lb for 15 May 2025. Chile Average Price: Aluminum: LME data is updated daily, averaging 0.915 USD/lb from Jan 2001 (Median) to 16 May 2025, with 6141 observations. The data reached an all-time high of 1.807 USD/lb in 07 Mar 2022 and a record low of 0.645 USD/lb in 08 Apr 2020. Chile Average Price: Aluminum: LME 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: Average Price: Metals.
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.
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Learn about the factors that affect the price of aluminum scrap, including market demand, purity, and virgin aluminum prices. Stay up to date on market trends and demand to get the best price when recycling aluminum.
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The average cost of aluminum foil can vary based on factors such as brand, quality, quantity, and location. Learn more about the price range and considerations when purchasing aluminum foil.
Aluminum prices averaged ***** U.S. dollars per metric ton in the first quarter (Q1) of 2025. That was a slight increase from the previous quarter, when the price of aluminum stood at ***** U.S. dollars per ton.
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.