U.S.: Secondary Aluminum Market 2025

Secondary Aluminum Market Size in the U.S.

In 2022, the U.S. secondary aluminum market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Secondary aluminum consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Secondary Aluminum Production in the U.S.

In value terms, secondary aluminum production contracted modestly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Secondary Aluminum Exports

Exports from the U.S.

In 2022, approx. X tons of secondary aluminum were exported from the United States; approximately reflecting the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, secondary aluminum exports skyrocketed to $X in 2022. Overall, exports, however, recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons) was the main destination for secondary aluminum exports from the United States, accounting for a X% share of total exports. Moreover, secondary aluminum exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), eightfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and France (X% per year).

In value terms, Mexico ($X), Malaysia ($X) and Canada ($X) constituted the largest markets for secondary aluminum exported from the United States worldwide, with a combined X% share of total exports.

Among the main countries of destination, Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average secondary aluminum export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price recorded a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Secondary Aluminum Imports

Imports into the U.S.

In 2022, supplies from abroad of secondary aluminum increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, secondary aluminum imports skyrocketed to $X in 2022. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

The United Arab Emirates (X tons), Canada (X tons) and Bahrain (X tons) were the main suppliers of secondary aluminum imports to the United States, with a combined X% share of total imports. Qatar, Russia, India, Argentina and Australia lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Canada ($X) and Bahrain ($X) constituted the largest secondary aluminum suppliers to the United States, with a combined X% share of total imports. Qatar, India, Russia, Argentina and Australia lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average secondary aluminum import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, import price indicated prominent growth from 2013 to 2022: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, secondary aluminum import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($X per ton) and Australia ($X per ton), while the price for Russia ($X per ton) and Qatar ($X per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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