Aluminium Sheet Prices in USA
- United States: 16156 USD/MT (1100-H14-0.8mm)
In December 2023, the cost of aluminum sheet in North America hit $16,156 per metric ton during the fourth quarter.
The latest report by IMARC Group, titled “Aluminium Sheet Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of aluminium sheet prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Aluminium Sheet Prices Analysis:
- China: 2681 USD/MT (3004-1mm)
- Germany: 11728 USD/MT (2mm-AW 1017A)
- UAE: 3261 USD/MT (AI 1100)
Report Offering:
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The study delves into the factors affecting aluminium sheet price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/aluminium-sheet-pricing-report/requestsample
Aluminium Sheet Price Trend- Last Quarter
In the second quarter of 2024, the North American aluminium sheet market experienced a significant price increase, primarily driven by supply constraints and strong demand. Raw material shortages, particularly bauxite, coupled with higher shipping costs, were key contributors to this upward trend. In addition to this, economic factors such as inflation and high-interest rates further exacerbated pricing pressures. The USA witnessed the most pronounced changes, with prices rising due to seasonal demand spikes and consistent purchasing across industries. A notable 12% price increase from the previous quarter highlighted the strong market sentiment, bolstered by supply chain disruptions, such as Rio Tinto’s force majeure on alumina exports.
Aluminium Sheet Industry Analysis
In Europe, the aluminium sheet market remained stable, supported by balanced supply-demand dynamics. A recovering automotive sector and consistent demand from construction helped maintain this equilibrium. Despite challenges such as limited raw material availability and increased production costs, manufacturers managed their supply chains effectively, avoiding significant disruptions. Germany, however, saw a 4% price increase, driven by strong demand in the automotive sector and growth in the manufacturing industry. Moreover, seasonality contributed to stable demand patterns, reflecting a gradual recovery in industrial activities and a synchronized recovery across sectors.
The Asia Pacific region’s aluminium sheet market saw a notable upward trend in pricing, influenced by supply constraints and rising demand. Seasonal disruptions, geopolitical tensions, and increased freight costs due to factors such as the Red Sea crisis significantly impacted supply chains. Despite these challenges, demand from key sectors such as automotive, construction, and infrastructure remained strong, driving up prices. In line with this, South Korea experienced the most significant price changes, with a 12% increase from the previous quarter, driven by robust demand in the construction and automobile sectors. The market’s positive momentum was further influenced by seasonality factors and the resilience of key industries.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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