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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.
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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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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Learn about the factors that influence the price of aluminum per ton and how it fluctuates regularly. The current price of aluminum per ton as of August 2021 is around $2,700-$2,800 per metric ton
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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.
Product
| Category | Region | Price |
---|---|---|---|
Aluminium Scrap | Metals | USA | 1786 USD/MT |
Aluminium Scrap | Metals | China | 2823 USD/MT |
Aluminium Scrap | Metals | Germany | 1669 USD/MT |
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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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.
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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 |
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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Discover the importance of accessing live market data sources for real-time pricing, as dynamic feeds exceed the capabilities of standard sources.
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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.
Product
| Category | Region | Price |
---|---|---|---|
Aluminum Wire | Metal & Metalloids | South Korea | 3670 USD/MT |
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Learn about the current state of the aluminum market, including the impact of the U.S.-China trade war and Covid-19 on the metal's volatility and price fluctuations. This article explores the key factors driving the rise and fall of aluminum prices in recent years, providing critical insight into one of the most important non-ferrous metals on the global market.
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The aluminum hydroxide prices in the United States for Q4 2023 reached 569 USD/MT in December. The market dynamics were characterized by moderate price increases initially, escalating significantly as the year progressed. Economic fluctuations and constrained supply chains impacted production, reducing inventories. The market recovered with the festive season, aided by lower costs of crude oil and increased consumer expenditures, which pushed customer budgets upward.
Product
| Category | Region | Price |
---|---|---|---|
Aluminum Hydroxide | Chemical | USA | 569 USD/MT |
Aluminum Hydroxide | Chemical | Germany | 559 USD/MT |
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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Graph and download economic data for Producer Price Index by Industry: Alumina and Aluminum Production and Processing (PCU33133313) from Dec 2003 to Feb 2025 about aluminum, processed, PPI, industry, inflation, price index, indexes, price, and USA.
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Graph and download economic data for Wholesale Price of Aluminum for New York (M0479AUS000NYM267NNBR) from Jan 1913 to Sep 1934 about aluminum, wholesale, NY, price, and USA.
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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United States - Producer Price Index by Industry: Aluminum Sheet, Plate, and Foil Manufacturing was 221.72700 Index Jun 1981=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Aluminum Sheet, Plate, and Foil Manufacturing reached a record high of 259.85100 in April of 2022 and a record low of 56.80000 in December of 1975. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Aluminum Sheet, Plate, and Foil Manufacturing - last updated from the United States Federal Reserve on March of 2025.
The annual producer price index of aluminum scrap in the United States averaged 251.6 in 2023, with 1982 used as the base year (1982 = 100). This represented a year-over-year decrease of 11 percent. The previous year had seen the highest figure recorded since the turn of the century.
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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.