Graph and download economic data for Global price of Metal index (PMETAINDEXM) from Jan 1992 to Jun 2025 about World, metals, indexes, and price.

The Wholesale Price Index of base metals across India during financial year 2024 stood at ***. The price index of metals increased by about ** percent from the base financial year of 2012. An overall increase in the price index value was noted over the years from financial year 2013 in the country.

The Base Metals Market Report is Segmented by Metal Type (Copper, Aluminium, Zinc, Nickel, Lead, Tin), End-User Industry (Construction, Automotive and Transportation, Electrical and Electronics, Consumer Products, and More), Source (Primary Mining, Secondary Metals), and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Volume (tons).

Australia Commodity Price Index: Weights: Base Metals data was reported at 9.600 % in Feb 2013. This stayed constant from the previous number of 9.600 % for Jan 2013. Australia Commodity Price Index: Weights: Base Metals data is updated monthly, averaging 9.600 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 9.600 % in Feb 2013 and a record low of 6.800 % in Aug 2009. Australia Commodity Price Index: Weights: Base Metals data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I051: Commodity Price Index: Weights (Old).

Steel rose to 3,228 CNY/T on July 24, 2025, up 0.62% from the previous day. Over the past month, Steel's price has risen 9.54%, and is up 2.93% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on July of 2025.

LME Index rose to 4,269.90 Index Points on July 22, 2025, up 0.51% from the previous day. Over the past month, LME Index's price has risen 2.72%, and is up 9.48% 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 July of 2025.

United States Import Price Index: Base Metals and Articles of Base Metal (BM) data was reported at 185.900 2000=100 in Jun 2018. This records an increase from the previous number of 185.000 2000=100 for May 2018. United States Import Price Index: Base Metals and Articles of Base Metal (BM) data is updated monthly, averaging 140.600 2000=100 from Dec 1993 (Median) to Jun 2018, with 295 observations. The data reached an all-time high of 208.600 2000=100 in Jul 2008 and a record low of 91.000 2000=100 in Dec 2001. United States Import Price Index: Base Metals and Articles of Base Metal (BM) data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I030: Import and Export Price Index: 2000=100: By Harmonized Index.

Base Metal Mining Market size was valued at USD 551.03 Billion in 2023 and is projected to reach USD 716.71 Billion by 2030, growing at a CAGR of 3.83% during the forecast period 2024-2030.

Global Base Metal Mining Market Drivers

The market drivers for the Base Metal Mining Market can be influenced by various factors. These may include:

Infrastructure Development: Projects involving the building, transportation, and utility industries are directly linked to the need for basic metals. The need for base metals in wiring, plumbing, and construction materials is driven by the growing urbanization and requirement for contemporary infrastructure. Industrial Manufacturing: Automotive, electronics, equipment, appliances, and other industrial sectors all depend on base metals as vital raw materials. The demand for base metals in the production of components and finished items is rising due to the expansion of manufacturing operations worldwide. Renewable energy sources with electric vehicles (EVs): The demand for base metals, particularly copper and nickel, is driven by the move to electric vehicles and the expanding renewable energy industry. These metals are essential for the production of electric motors, batteries, and infrastructure supporting renewable energy sources. Global Economic Growth: The demand for base metals is influenced by the state of the world economy as a whole. Base metal demand rises in times of economic expansion due to increased demand for consumer items, infrastructure, and industrial products. Technological Developments: The production of high-tech gadgets, electronic components, and advanced alloys necessitates the use of base metals, which is driven by technological developments such as the creation of lighter, more energy-efficient materials. Emerging Markets: The swift urbanization and industrialization of these regions is a factor in the rise in base metal demand. These areas are seeing rapid economic expansion, which increases demand for base metals for infrastructure, manufacturing, and building projects. Trends in the Automotive Industry: The switch to electric and hybrid vehicles, among other innovations, has increased demand for base metals, especially nickel and copper, which are used to make batteries and other components for electric vehicles. Geopolitical risks and supply chain disruptions: Base metal output may be impacted by supply chain disruptions brought on by trade disputes, natural disasters, or geopolitical tensions. Supply chain stability worries can influence metal prices and cause market volatility. Environmental requirements: As a result of stricter emissions and sustainability requirements as well as growing environmental awareness, base metals are being used more and more in green technology and energy-efficient applications, which is driving up demand. Trends in Metal Recycling: Base metal recycling is encouraged by the growing focus on sustainability and circular economy principles. The expansion of the recycling sector influences the dynamics of the mining market and adds to the overall availability of base metals. Investing in Exploration: Commodity prices and long-term demand projections impact exploration efforts aimed at locating new base metal reserves and deposits. Investments in exploration are essential to preserving a steady supply of base metals. Currency Fluctuations: Currency fluctuations have an impact on base metal prices because mining is sometimes done internationally. Exchange rate fluctuations can have an effect on the dynamics of supply and demand generally as well as the competitiveness of mining operations.

Iran Export Price Index: Base Metals & Base Metal Articles: Iron or Steel Articles data was reported at 661.300 Apr1997-Mar1998=100 in Mar 2009. This records an increase from the previous number of 660.900 Apr1997-Mar1998=100 for Feb 2009. Iran Export Price Index: Base Metals & Base Metal Articles: Iron or Steel Articles data is updated monthly, averaging 666.800 Apr1997-Mar1998=100 from May 2007 (Median) to Mar 2009, with 23 observations. The data reached an all-time high of 1,089.600 Apr1997-Mar1998=100 in Oct 2008 and a record low of 595.300 Apr1997-Mar1998=100 in Jan 2009. Iran Export Price Index: Base Metals & Base Metal Articles: Iron or Steel Articles data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.I029: Export Price Index: April 97-March 98=100.

Indonesia Wholesale Price Index: Exports: Base Metal data was reported at 153.000 2010=100 in May 2019. This stayed constant from the previous number of 153.000 2010=100 for Apr 2019. Indonesia Wholesale Price Index: Exports: Base Metal data is updated monthly, averaging 137.000 2010=100 from Jan 2013 (Median) to May 2019, with 77 observations. The data reached an all-time high of 160.660 2010=100 in Oct 2018 and a record low of 99.620 2010=100 in Aug 2013. Indonesia Wholesale Price Index: Exports: Base Metal data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IB006: Wholesale Price Index: by Sector: Exports.

Graph and download economic data for Export Price Index (Harmonized System): Miscellaneous Articles of Base Metal (ID83) from Dec 2022 to Jun 2025 about miscellaneous, harmonized, exports, metals, price index, indexes, price, and USA.

The base metals market, valued at $610.13 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.72% from 2025 to 2033. This growth is driven by several key factors. Increased industrialization and infrastructure development in emerging economies, particularly in Asia, fuel significant demand for base metals like copper, aluminum, and zinc in construction, manufacturing, and energy sectors. The global shift towards renewable energy technologies also significantly impacts the market, with copper playing a crucial role in electric vehicles, solar panels, and wind turbines. Furthermore, advancements in mining technologies and exploration activities contribute to increased supply, although this is partially offset by concerns regarding resource scarcity and environmental regulations. However, economic fluctuations and geopolitical uncertainties present potential restraints, influencing the market's trajectory. Competition among major players, including BHP, Rio Tinto, Glencore, and Freeport-McMoRan, shapes market dynamics through strategic investments, mergers, and acquisitions. The market segmentation, while not explicitly detailed, is likely influenced by metal type (copper, aluminum, zinc, lead, nickel, etc.), application, and geographic region. The historical period (2019-2024) likely reflects a period of fluctuating growth influenced by global economic events and commodity price volatility. The forecast period (2025-2033) anticipates continued expansion, driven by long-term demand trends and ongoing technological advancements. The continued growth of the base metals market hinges on several factors. Successful navigation of geopolitical risks and economic volatility will be crucial for sustained market expansion. Technological advancements in mining and processing techniques will also play a key role in determining the cost-effectiveness and environmental sustainability of base metal production. Government policies regarding environmental regulations and infrastructure investments will further influence market trajectories in various regions. Furthermore, innovative applications of base metals in new technologies, alongside established industrial uses, will be critical in shaping future market demand. The competitive landscape will remain dynamic, with key players continually striving for efficiency gains and market share expansion. Understanding these interconnected factors is crucial for navigating the complexities and opportunities within this significant and evolving market. Key drivers for this market are: Growing Demand from the Construction Industry, High Demand for Lightweight Vehicles; Other Drivers. Potential restraints include: Increasing Emission of Greenhouse Gases, Other Restraints. Notable trends are: Growing Demand from the Construction Industry.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Nickel and Nickel-Base Alloy Mill Shapes (WPU102504) from Jan 1971 to Jun 2025 about nickel, mills, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The Base Metals Market size is expected to reach a valuation of USD 786.5 billion in 2033 growing at a CAGR of 4%. The Base Metals market research report classifies market by share, trend, demand, forecast and based on segmentation.

Graph and download economic data for Import Price Index (SITC): Manufactures of base metal, n.e.s. (DISCONTINUED) (IM699) from Jan 1995 to Dec 2005 about imports, metals, manufacturing, price index, indexes, price, and USA.

At the end of fiscal year 2024, the Wholesale Price Index of metal products across India was around 139. This meant an increase in the WPI of more than 39 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.

Graph and download economic data for Export Price Index (SITC): Manufactures of base metal, n.e.s. (DISCONTINUED) (IX699) from Jan 1995 to Dec 2005 about exports, metals, manufacturing, price index, indexes, price, and USA.

The global high purity base metal market is anticipated to witness significant growth over the forecast period, with a CAGR of 4.01% from 2025 to 2033. This growth is attributed to the increasing demand for high-purity base metals in various industries, including electronics, aerospace, medical devices, and energy storage. The market size was valued at 674.52 million in 2025 and is projected to reach 987.72 million by 2033. Key drivers of market growth include the growing demand for electronic devices, the increasing use of base metals in aerospace and medical applications, and the rising awareness of environmental sustainability. In terms of segmentation, the market is divided based on metal type, purity level, application, form, production method, and region. Among metal types, copper holds the largest market share due to its wide usage in the electrical and electronics industry. The 99.99% purity level segment is expected to witness the fastest growth, driven by the increasing demand for high-purity metals in advanced applications. Electronics is the largest application segment, followed by aerospace and medical devices. Regionally, Asia-Pacific is the dominant market, followed by North America and Europe. The growth in the Asia-Pacific region is attributed to the increasing demand for high purity base metals in countries such as China, India, and Japan. Recent developments include: Recent developments in the High Purity Base Metal Market indicate a growing emphasis on sustainability and innovation in production processes. Increasing demand for high-purity metals in sectors such as electronics, renewable energy, and batteries has spurred advancements in extraction techniques and refining methods. Key players in the market are investing heavily in research and development to enhance product quality and reduce environmental impact. Trade policies and geopolitical tensions are also influencing market dynamics as companies seek to secure stable supply chains for critical raw materials. Furthermore, emerging technologies, such as automation and digitalization in manufacturing, are expected to improve efficiency and reduce costs. As the market is projected to experience a compound annual growth rate (CAGR) of 4.01% from 2024 to 2032, stakeholders are actively exploring opportunities to capitalize on this growth, particularly in regions experiencing rapid industrialization and demand for high-purity metals. Collaboration among industry players and governments will be crucial in addressing challenges related to raw material sourcing and market accessibility in the coming years.. Key drivers for this market are: Growing demand in electronics Expansion in renewable energy Increased aerospace applications Advancements in manufacturing technologies Rising investments in electric vehicles.. Potential restraints include: Increasing demand in electronics Growth in renewable energy sector Stringent purity standards Advancements in extraction technologies Supply chain disruptions.

Iran Export Price Index: Base Metals & Base Metal Articles: Copper data was reported at 471.100 Apr1997-Mar1998=100 in Mar 2009. This stayed constant from the previous number of 471.100 Apr1997-Mar1998=100 for Feb 2009. Iran Export Price Index: Base Metals & Base Metal Articles: Copper data is updated monthly, averaging 1,091.200 Apr1997-Mar1998=100 from May 2007 (Median) to Mar 2009, with 23 observations. The data reached an all-time high of 1,277.900 Apr1997-Mar1998=100 in Jun 2008 and a record low of 471.100 Apr1997-Mar1998=100 in Mar 2009. Iran Export Price Index: Base Metals & Base Metal Articles: Copper data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.I029: Export Price Index: April 97-March 98=100.

United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap was 355.00200 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap reached a record high of 357.65200 in April of 2022 and a record low of 28.20000 in November of 1962. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Aluminum Base Scrap - last updated from the United States Federal Reserve on July of 2025.