U.S. - Aluminum - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminum Prices in the United States
U.S. Aluminum Import Price per Ton in June 2022
In June 2022, the aluminum price per ton amounted to $3.8K (CIF, US), shrinking by -3.4% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 6% against the previous month. Over the period under review, average import prices attained the maximum at $3.9K per ton in May 2022, and then shrank modestly in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2022, the countries with the highest prices were the United Arab Emirates ($4.2K per ton) and Argentina ($4.1K per ton), while the price for Qatar ($2.8K per ton) and Russia ($3.3K per ton) were amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Aluminum Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In August 2022, the product with the highest price was unwrought aluminium alloys ($3.4K per ton), while the price for aluminum (unwrought, not alloyed) stood at $2.9K per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by unwrought aluminium alloys (-0.3%).
U.S. Aluminum Imports
In August 2022, supplies from abroad of aluminum decreased by -9% to 375K tons, falling for the second consecutive month after two months of growth. Over the period under review, total imports indicated a mild increase from January 2022 to August 2022: its volume increased at an average monthly rate of +1.6% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -26.0% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 40% m-o-m.
In value terms, aluminum imports reduced rapidly to $1.2B (IndexBox estimates) in August 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when imports increased by 45% month-to-month.
U.S. Aluminum Imports by Type
Aluminum (unwrought, not alloyed) (204K tons) and unwrought aluminium alloys (171K tons) were the main products of aluminum imports to the United States.
From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by aluminium (with a CAGR of +2.5%).
In value terms, the most traded types of aluminum in the United States were aluminum (unwrought, not alloyed) ($594M) and unwrought aluminium alloys ($576M).
U.S. Aluminum Imports by Country
In June 2022, Canada (279K tons) constituted the largest supplier of aluminum to the United States, with a 55% share of total imports. Moreover, aluminum imports from Canada exceeded the figures recorded by the second-largest supplier, Bahrain (55K tons), fivefold. The third position in this ranking was taken by the United Arab Emirates (48K tons), with a 9.4% share.
From January 2022 to June 2022, the average monthly growth rate of volume from Canada totaled +7.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Bahrain (+4.4% per month) and the United Arab Emirates (+9.6% per month).
In value terms, Canada ($1.1B) constituted the largest supplier of aluminum to the United States, comprising 55% of total imports. The second position in the ranking was taken by Bahrain ($209M), with an 11% share of total imports. It was followed by the United Arab Emirates, with a 10% share.
From January 2022 to June 2022, the average monthly growth rate of value from Canada stood at +9.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Bahrain (+7.2% per month) and the United Arab Emirates (+14.1% per month).
This report provides an in-depth analysis of the aluminum market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24421130 - Unwrought non-alloy aluminium (excluding powders and flakes)
- Prodcom 24421154 - Unwrought aluminium alloys (excluding aluminium powders and flakes)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the aluminum market in the U.S..
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This report provides an in-depth analysis of the aluminium market in the U.S..
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This report provides an in-depth analysis of the unwrought aluminium alloys market in the U.S..
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This report provides an in-depth analysis of the global aluminum market.
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This report provides an in-depth analysis of the global aluminium market.
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This report provides an in-depth analysis of the global unwrought aluminium alloys market.
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This report provides an in-depth analysis of the unwrought non-alloy aluminium market in the USA.
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This report provides an in-depth analysis of the aluminum market in the U.S..
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This report provides an in-depth analysis of the aluminium market in the U.S..
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This report provides an in-depth analysis of the unwrought aluminium alloys market in the U.S..
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In September 2022, the aluminum price per ton stood at $3.1K (CIF, US), approximately reflecting the previous month.
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In June 2022, the aluminum price per ton amounted to $3,787 per ton, waning by -3.4% against the previous month.
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The aluminum price per ton stood at $3,895 (CIF, US) in Apr 2022, growing by 6% against the previous month.
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Discover the top import markets for aluminum worldwide and their import values in 2022. Learn about the leading countries like the United States, Netherlands, Germany, Japan, China, and more. Find key statistics and insights on the global aluminum market.
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Throughout this year, global aluminum prices continuously grew and in October 2021 gained 62% compared to October 2020. China's output has decreased due to restrictions on energy usage and halted production at a 300K-ton capacity factory in Yunnan province. As a consequence, the average yearly price in 2022 is projected to rise by 6% y-o-y. Despite rising prices, the U.S., the world´s largest aluminum importer, expanded its purchases by 4.5% against 2020.
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Prices for aluminum this year will remain low thanks to the consistent growth in global production of the metal overcoming obstacles caused by the pandemic. In the mid-term, demand for aluminum in the construction sector and car manufacturing is forecast to steadily rise. The rapid development of alternative energy sources will also drive the market up because aluminum is used in the production of solar batteries, wind generators and other components of energy facilities. In China, the launch of quotas on greenhouse gas emissions could lead to higher prices for aluminum as production for the metal in the country leaves a heavy carbon footprint.
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In value terms, aluminum waste and scrap imports stood at $X in 2016. In general, aluminum waste and scrap imports continue to indicate a relatively flat trend pattern. Global aluminum waste and scr...
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In value terms, aluminum plates, sheets and strip imports totaled $X in 2016. In general, aluminum plates, sheets and strip imports continue to indicate a relatively flat trend pattern. In that year...
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In value terms, aluminum reservoirs, tanks and vats imports stood at $X in 2016. Overall, aluminum reservoirs, tanks and vats imports continue to indicate a slight slump. Over the period under revi...
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In value terms, aluminium casks, drums, cans, boxes imports stood at $X in 2016. In general, aluminium casks, drums, cans, boxes imports continue to indicate a relatively flat trend pattern. Global...
