Northern America: Aluminium Bar Market 2025

Aluminium Bar Market Size in Northern America

In 2021, the North American aluminium bar market increased by 6.3% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Aluminium Bar Production in Northern America

In value terms, aluminium bar production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 28%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Aluminium Bar Exports

Exports in Northern America

In 2021, overseas shipments of aluminium bars, rods and profiles were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 116%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, aluminium bar exports soared to $X in 2021. Over the period under review, exports saw a mild expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 86%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States was the main exporter of aluminium bars, rods and profiles in Northern America, with the volume of exports finishing at X tons, which was near 61% of total exports in 2021. It was distantly followed by Canada (X tons), constituting a 39% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +0.8%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of exports in 2021.

Canada, with a CAGR of +4.3%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, picking up by 4.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 when the export price increased by 34% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.5%).

Aluminium Bar Imports

Imports in Northern America

In 2021, approx. X tons of aluminium bars, rods and profiles were imported in Northern America; jumping by 38% on the year before. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium bar imports soared to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) was the key importer of aluminium bars, rods and profiles, achieving 76% of total imports. It was distantly followed by Canada (X tons), making up a 24% share of total imports.

The United States was also the fastest-growing in terms of the aluminium bars, rods and profiles imports, with a CAGR of +8.8% from 2012 to 2021. At the same time, Canada (+5.1%) displayed positive paces of growth. The United States (+6.1 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -6.1% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported aluminium bars, rods and profiles in Northern America, comprising 74% of total imports. The second position in the ranking was held by Canada ($X), with a 26% share of total imports.

In the United States, aluminium bar imports expanded at an average annual rate of +9.4% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.7%).

Source: IndexBox Platform

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