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.

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.

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.

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.

Learn about the factors affecting aluminum prices, including supply and demand, geopolitical events, government policies, currency exchange rates, and production costs. Stay updated with the current aluminum prices and discover why the demand for this lightweight and corrosion-resistant metal is expected to remain strong in the long term.

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 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.

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.

The price of aluminum scrap in the USA reached 1786 USD/MT by December of 2023, the fourth quarter. Similarly, China's market prices stood at 2823 USD/MT in December. In Q4 of 2023, aluminum scrap price trends in Germany also reached 1669 USD/MT.

Discover the key factors affecting aluminum prices on the London Metal Exchange, from global economic conditions to supply and demand dynamics. Learn how market trends, environmental regulations, and strategic planning play a role in price fluctuations and risk management for businesses reliant on this essential commodity.

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.

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.

Aluminium Price in Australia - 2023. Find the latest marketing data on the IndexBox platform.

European Union - Producer prices in industry: Aluminium production was 123.30 points in January of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for European Union - Producer prices in industry: Aluminium production - last updated from the EUROSTAT on March of 2025. Historically, European Union - Producer prices in industry: Aluminium production reached a record high of 140.70 points in May of 2022 and a record low of 75.90 points in June of 2009.

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.

South Korea Aluminium data was reported at 2,640.500 USD/Ton in 24 Mar 2025. This records a decrease from the previous number of 2,652.000 USD/Ton for 21 Mar 2025. South Korea Aluminium data is updated daily, averaging 2,452.250 USD/Ton from Jul 2021 (Median) to 24 Mar 2025, with 936 observations. The data reached an all-time high of 3,984.500 USD/Ton in 07 Mar 2022 and a record low of 2,068.500 USD/Ton in 21 Aug 2023. South Korea Aluminium data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P002: Raw Material Prices.

The aluminum wire prices in the South Korea for Q2 2024 reached 3670 USD/MT in June. They were driven by strong construction activity and a recovering automotive sector. Supply-demand dynamics tightened amid logistical and seasonal pressures, pushing prices upward. The market responded to evolving conditions by capitalizing on peak construction demand, reflecting a positive, albeit fluctuating, pricing environment for aluminum wire.

Explore the factors influencing aluminum prices in 2023, including global demand, production costs, and geopolitical events. Learn how trade policies, energy costs, and recycling innovations impact market volatility and future pricing trends.

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.

During the last quarter of 2024, the aluminum sulfate prices in the United States reached 365 USD/MT in December. The report provides a detailed analysis of the aluminum sulfate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports.

Explore IMARC’s newly published report, titled “Aluminum Sulfate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of aluminum sulfate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

The price of aluminium slug in the United States reached 7940 USD/MT in December 2023. Meanwhile, the price trend in China concluded at 7711 USD/MT in December 2023. On the other hand, the price of aluminium slug in Germany was 8199 USD/MT in December 2023.

Explore IMARC’s newly published report, titled “Aluminium Slug Pricing Report 2025: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of aluminium slug pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.