The price of the bare empty aluminum cans for sale today depends on various factors, which span from the international supply chain issues, cost of materials, to recycling rates. As of 2023, the going rate for a 12 oz bare aluminum can sells between $0.08 and $0.12 per unit in bulk transactions. The price can vary based on the size purchased, since bigger orders typically receive better prices per can. For instance, businesses buying aluminum cans in bulk, such as drink manufacturers or packaging companies, may get deals around $0.08 per can, but lesser volumes or cans bought at retail stores may be more.
Raw material cost is one of the main drivers of aluminum can prices. The metal itself has experienced wild price fluctuations over the past couple of years. In 2022, the price of aluminum rose by 45%, and this had a direct impact on the cost of producing bare cans. As of late 2023, aluminum prices remain volatile, with signs of a small dip from the recent highs, but still at levels that affect overall can prices.
Recycling also has an important part to play in determining the price of aluminum cans that are not used. In nations where there is a high rate of recycling, such as Europe and America, the cans can be less expensive because recycled aluminum can be sourced. Approximately 75% of all of the aluminum produced remains in use today, and being able to obtain the recycled material helps to offset some of the additional cost of production. On the other hand, countries where recycling is minimal may see elevated prices, as virgin aluminum requires more to create and acquire.
Moreover, rising demand for aluminum cans in other industries besides beverages has also led to the price adjustment. For example, the development of the cannabis industry, which has a tendency to use aluminum cans to package cannabis edibles and drinks, has put upward pressure on demand for the cans. The adjustment has prompted some suppliers to adjust their prices by 10-15% in certain regions due to the extra demand.
Seasonal fluctuations also affect price. During hot summer seasons when individuals consume more beverages, demand for aluminium cans increases dramatically, usually pushing prices by 5-10% during peak seasons. Slower periods may see prices decrease as demand stabilizes.
The push for sustainability and the need to go greener in packaging have both led to increasing investments being placed in the manufacture of aluminum cans. Businesses that deal in the design of green packaging solutions tend to charge a premium, with specialty cans for high-end products or limited release products being charged 20-30% more than the standard can.
For more information about purchasing and sourcing for sale vacant aluminum cans, such as bulk rates and shipping details, it’s important to stay current with current market conditions and price fluctuations in the aluminum packaging industry.