Lead Price in 2023
In 2023, the price of lead averaged $2,136 per tonne, down 0.7% from the year before. This page covers the 2023 average, high, low, and year-end close, the events that moved the market, and what that lead would be worth in today's dollars.
2023 Average
$2,136
LME annual average, USD/tonne
Change vs 2022
-0.7%
from $2,151 in 2022
What happened to the lead price in 2023
Lead averaged $2,136 per tonne in 2023, essentially unchanged from $2,151 in 2022.
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 2023 average of $2,136 equals about $2,259 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 2023?
What is a 2023 lead price worth in today's dollars?
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.