APAC Gallium Prices Movement Last Quarter:
Gallium Prices in China:
| Product | Category | Price |
| Gallium | Chemical | 415169 USD/MT (Cadmium Ingot 99.95%) |
In the final quarter of 2023, gallium prices in China surged to 415,169 USD per metric ton (USD/MT), emphasizing the country’s critical role as a global leader in gallium production and exportation. This significant pricing trend reflects robust domestic demand coupled with active international trade, highlighting China's dominance in the gallium market. The fluctuations in gallium prices are closely linked to advancements in high-tech industries, particularly electronics and semiconductors, where gallium serves as an indispensable raw material. These sectors rely heavily on gallium for applications such as LEDs, photovoltaic cells, and integrated circuits, driving its demand and market value.
China's strategic role in the global gallium supply chain further accentuates its influence over price-setting and market dynamics. With its extensive production capabilities and substantial reserves, China is pivotal in ensuring a steady supply of this critical material to meet both domestic and international needs. Additionally, the country's trade policies and strategic investments in technology and manufacturing play a key role in shaping competitive price trends. This unique positioning allows China not only to address global demand but also to maintain its influence in the evolving landscape of gallium-dependent industries, underscoring its economic and strategic importance.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Gallium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Gallium price trend, offering key insights into global Gallium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Gallium demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/gallium-pricing-report/requestsample
Key Features:
| Key Attributes | Details |
| Product Name | Gallium |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Gallium Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Information Covered for Key Suppliers | · Company Overview · Business Description · Recent Trends and Developments |
| Customization Scope | The report can be customized as per the requirements of the customer |
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