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:

  • Monthly Updates: Annual Subscription
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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

Aluminium sheets are versatile, lightweight materials widely used in various industries due to their corrosion resistance, malleability, and high strength-to-weight ratio. They are commonly employed in automotive, construction, aerospace, and packaging sectors, offering both durability and flexibility in design. The global aluminium sheet market is experiencing steady growth, driven by increasing demand from the automotive sector for lightweight materials to improve fuel efficiency and reduce emissions. The construction industry's rising use of aluminium for sustainable building materials is also contributing to market expansion. Trends such as the shift toward electric vehicles, which require lightweight aluminium components, are further boosting demand.

In addition, growing investments in renewable energy infrastructure are enhancing the need for aluminium in solar panels and energy storage solutions. The market is also benefiting from advancements in recycling technologies, promoting the use of recycled aluminium sheets to meet sustainability goals. However, price volatility in raw materials and energy-intensive production processes pose challenges for manufacturers. Despite this, the market's outlook remains optimistic, supported by ongoing innovation and increasing application in high-growth industries like transportation and energy.

Aluminium Sheet Industry Analysis

In Q4 2023, the North American aluminium sheet market remained stable, with early price declines due to weakened automotive demand and economic uncertainty. Mid-quarter saw price surges, driven by low stock levels and tighter spreads. However, disruptions in trade routes and reduced construction demand slowed US manufacturing activity, affecting pricing trends by year-end.

The Asia-Pacific market experienced a slight decline in Q4 2023. Initially, favorable domestic policies and low inventories in China boosted prices, but increased production and weaker overseas demand led to a downturn. Disruptions in global trade and economic uncertainty further impacted the market, although a late surge in demand provided stability toward the quarter's end.

In Q4 2023, Europe’s aluminium sheet market saw rising prices due to low supply and increased demand from the auto and construction sectors. Economic uncertainty and bauxite shortages added pressure, while trade disruptions exacerbated challenges. The market stabilized in December as demand weakened due to seasonal factors and trade route disruptions, affecting the construction industry.

The MEA aluminium sheet market in Q4 2023 witnessed optimism, with strong downstream demand and price increases driven by the energy transition. Limited supply, disruptions in trade routes, and material shortages contributed to rising prices, while favorable weather and increased demand from construction and automotive sectors supported the market’s upward trend toward the end of the quarter.

 

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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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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