Lead Price in 2022

In 2022, the price of lead averaged $2,151 per tonne, down 2.2% from the year before. This page covers the 2022 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.

2022 Average

$2,151

LME annual average, USD/tonne

Change vs 2021

-2.2%

from $2,200 in 2021

What happened to the lead price in 2022

Lead averaged $2,151 per tonne in 2022, down 2.2% from $2,200 the year before. The notable development of 2022: Energy crisis / high volatility; annual avg near $2,145 anchor.

A COVID dip near $1,825 gave way to energy-crisis firmness above $2,100 in 2021-2022, before a gentle softening toward $1,960 by 2025.

Adjusted for inflation, lead's 2022 average of $2,151 equals about $2,369 in today's dollars. The conversion uses US Bureau of Labor Statistics CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

Frequently Asked Questions

What was the price of lead in 2022?

Lead averaged $2,151 per tonne in 2022, based on World Bank and LME annual average data. That average was down 2.2% from $2,200 in 2021.

What is a 2022 lead price worth in today's dollars?

Adjusted with the US Consumer Price Index, lead's 2022 average of $2,151 works out to roughly $2,369 in today's dollars, using 2025 as the CPI base year. The conversion uses BLS CPI-U annual averages, so treat it as a close approximation rather than an exact figure.

What moved the lead price in 2022?

The defining story of 2022: Energy crisis / high volatility; annual avg near $2,145 anchor. Against that backdrop, the annual average fell 2.2%, from $2,200 in 2021 to $2,151.

Annual averages are World Bank and LME lead prices per tonne in US dollars (LME cash and settlement basis). The 2025 figure is preliminary. Where daily data exists, the per-year high, low, and close come from MetalCharts historical data. Inflation adjustments use BLS CPI-U annual averages.