Material Insights · Understanding the Material World

Aluminium and Transformers and power electronics

Their prices have moved together.

Aluminium (commodity) and Transformers and power electronics (energy): 1 relationship.

How they are linked

1. Price link: windings

Cost and price · Moderate · Both ways

Aluminium replaces copper in many distribution transformer windings when the price gap widens, as it is cheaper but bulkier. Yearly moves correlate at 0.41, while monthly moves correlate at only 0.10, showing a slow and partial pass-through.

  • 0.10 monthly change correlation
  • 0.41 12-month change correlation
  • 0.57 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.