Aluminum fell to 2,595.65 USD/T on July 4, 2025, down 0.48% from the previous day. Over the past month, Aluminum's price has risen 4.70%, and is up 2.37% 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.

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.

In the Q4 of 2023, the price of the aluminium alloy in USA reached 3657 USD/MT by December. Similarly, in Germany, the aluminium alloy prices hit 3173 USD/MT in the same month.

Explore IMARC’s newly published report, titled “Aluminium Alloy Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminium alloy pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Graph and download economic data for Global price of Aluminum (PALUMUSDM) from Jan 1990 to May 2025 about aluminum, World, and price.

The global aluminium market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the immediate term.

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.

Get the latest insights on price movement and trend analysis of Aluminium in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Discover what drives the fluctuating prices of aluminium in the global market and the critical factors that impact its supply and demand, production costs, and geopolitical events in this insightful article. Stay informed and make informed investment decisions!

Learn about the various factors that influence the price of aluminium in the international market. From supply and demand to production costs and geopolitical events, get a comprehensive overview of what affects the price of this versatile metal.

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.

Why did the Aluminium Ingot Price Change in May 2025? Across North America, aluminium ingot markets strengthened throughout Q1 2025, underpinned by record global production and tightening raw-material supplies.

The global aluminum market had a value of nearly 152 billion U.S. dollars in 2019. According to NextMSC, the aluminum market is forecast to have a value of 205.7 billion U.S. dollars in 2030.

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.

The stock market aluminum price is influenced by factors such as supply and demand dynamics, global economic conditions, currency fluctuations, trade policies, and political events. This article discusses how these factors impact the aluminum market and how understanding them can help investors make informed decisions.

According to Cognitive Market Research, the global Aluminium Alloy for Aerospace Application market size is USD 8815.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 3526.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2644.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2027.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 440.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 176.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The Sand Casting held the highest Aluminium Alloy for Aerospace Application market revenue share in 2024.

Market Dynamics of Aluminium Alloy for Aerospace Application Market

Key Drivers for Aluminium Alloy for Aerospace Application Market

Growth of the Aerospace Industry to Increase the Demand Globally

The worldwide aerospace industry is witnessing a consistent boom pushed by way of rising air tour calls for growing disposable profits and improvements in the aircraft era. This surge is fueling the need for lightweight lightweight and high-overall performance substances, including aluminum alloys, which are crucial for building modern aircraft. As air travel turns into more accessible and low priced, airlines are increasing their fleets, necessitating the development of extra efficient and durable substances to enhance gasoline efficiency and reduce emissions. Consequently, the aerospace quarter's growth is closely linked to improvements in material and technological know-how, ensuring that new planes aren't only lighter and stronger but also able to meet stringent environmental requirements. This symbiotic courting underscores the pivotal function of advanced materials inside the enterprise's destiny.

Fuel Efficiency Demands to Propel Market Growth

Airlines are constantly striving to improve fuel performance to cut prices and minimize environmental effects. Aluminum alloys are critical in this undertaking, thanks to their tremendous power-to-weight ratio. Lighter aircraft, constructed with those superior materials, eat less gasoline, making them extra economically and environmentally appealing to airways. This pressure for performance is propelled by means of increasing fuel charges and stringent emissions guidelines, compelling the aviation industry to innovate. Aluminum alloys, consequently, are not just substances but strategic belongings in lowering operational prices and promoting sustainability. As a result, the demand for these high-performance alloys is rising, cementing their significance within the future of aerospace engineering.

Restraint Factor for the Aluminium Alloy for Aerospace Application Market

High Cost of Development to Limit the Sales

Developing and testing new high-overall performance aluminum alloys for aerospace packages is a complex, lengthy, and costly system. This large monetary investment in research and improvement, together with rigorous testing and certification necessities, often limits the number of businesses inclined to adopt such endeavors. Smaller companies, in particular, may also conflict with allocating assets for giant R&D initiatives, leading to a concentration of innovation inside larger, nicely funded agencies. Additionally, the high cost of development can slow the pace of advancement in fabric technology, potentially delaying the advent of extra green and environmentally pleasant planes. Despite these demanding situations, the aerospace industry's demand for advanced substances drives ongoing efforts to overcome those economic and technical hurdles.

Impact of Covid-19 on the Aluminium Alloy for Aerospace Application Market

The COVID-19 pandemic notably impacted the aluminum alloy marketplace for aerospace packages. The crisis led to disruptions...

The global aluminum sector grow in 2025 to 2035 with several sectors like automobile, aviation, real estate, packaging, and electrical uses intensifying demand. The sector will reach USD 331.1 billion in 2035 with a Compound Annual Growth Rate (CAGR) of 6.1%.

Metric	Value
Market Size (2025E)	USD 183.1 Billion
Market Size (2035F)	USD 331.1 Billion
CAGR (2025 to 2035)	6.1%

Aluminium Market Analyzed by Top Investment Segments

Series	CAGR (2025 to 2035)
Series 5 Aluminium	7.2%

Processing	CAGR (2025 to 2035)
Extrusions	7.4%

Country Wise Analysis

Country	CAGR (2025 to 2035)
USA	4.5%

Country	CAGR (2025 to 2035)
UK	4.2%

Country	CAGR (2025 to 2035)
European Union (EU)	4.8%

Country	CAGR (2025 to 2035)
Japan	4.1%

Country	CAGR (2025 to 2035)
South Korea	4.3%

Competitive Outlook

Company Name	Estimated Market Share (%)
China Hongqiao Group	14-19%
UC Rusal	9-13%
Alcoa Corporation	7-11%
Rio Tinto Aluminium	5-9%
Emirates Global Aluminium (EGA)	4-8%
Other Companies (combined)	45-55%

According to Cognitive Market Research, the global Aluminium Billets market size is USD 57154.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.30% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 22861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 17146.26 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 13145.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 2857.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% 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 1143.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The Aluminum Billets Series 1000 held the highest Aluminium Billets market revenue share in 2024.

Market Dynamics of Aluminium Billets Market

Key Drivers of Aluminium Billets Market

Robust Construction Industry to Increase the Demand Globally

Aluminum billets are vital components used in many applications, including doors, windows, facades, railings, and roofs, and are highly dependent on the building sector. The demand for aluminum billets has increased due to the consistent expansion seen in the construction of both residential and commercial buildings. Because of its inherent qualities, which include its light weight, strength, and capacity to be recycled, aluminum is quite popular among builders. It is the material of choice for many contemporary construction projects because of its adaptability and resilience to adverse environmental conditions. Aluminum's recyclable qualities make it even more appealing when sustainability becomes a top priority. This aligns with the building industry's growing focus on environmentally friendly methods and supplies.

Expanding Automotive Industry to Propel Market Growth

The automobile sector is a major factor in the demand for aluminum billets since automakers want to improve their vehicles' performance and fuel economy. Aluminum billets are increasingly used in automotive manufacturing processes to reduce weight and increase fuel efficiency. The growing popularity of lightweight electric cars, which benefit greatly from aluminum's strength and lightweight, is another factor driving this trend. The need for aluminum billets is anticipated to endure as the automotive industry continues to prioritize efficiency and sustainability, highlighting their critical role in influencing the direction of automotive engineering and design.

Restraint Factors Of Aluminium Billets Market

Fluctuating Aluminium Prices to Limit the Sales

One of the biggest obstacles facing businesses in the aluminum billet industry is the ever-changing price of aluminum, the main raw material used to produce billets. The innate instability of aluminum pricing can cause unpredictability, affecting the financial stability and profitability of companies that produce and distribute billets. It is difficult for businesses to estimate and plan efficiently when there are frequent changes in the price of aluminum, as this can impact profit margins, supply chain management, and production costs. Businesses may use proactive pricing techniques, diversification of their supply chains, and hedging to reduce these risks and manage the unpredictability of aluminum price swings while preserving their competitive advantage.

High Energy Consumption and Environmental Concerns

The production of aluminium billets is characterized by high energy demands, especially during the smelting and casting stages. With the tightening of global regulations regarding carbon emissions and energy usage, manufacturers are under greater pressure to minimize their environmental impact. In areas where electricity generation relies heavily on coal, the carbon intensity associated with aluminium production can be significant. This situation compels producers to transition towards renewable energy sources and implement more efficient operational processes, whi...

The aluminium market price is influenced by supply and demand dynamics, geopolitical factors, economic indicators, and investor sentiment. This article explains how these factors impact the market price and highlights the importance of monitoring variables like inventory levels, production capacity, technological advancements, and environmental regulations. Traders, consumers, and investors rely on this information to make informed decisions in the constantly fluctuating aluminium market.

Kaiser Aluminum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

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...