gallium Pricing Assessment

  • Commodity Pricing

Markets Covered: 

cnChina
inIndia
usUnited States
gbUnited Kingdom

Gallium Price Trend, Analysis and Forecast

Q1 2024

In Q1 2024, the global gallium market witnessed a synchronized upward trend across major regions, driven by robust demand in high-tech industries. In China, gallium prices surged due to increased production of semiconductor components for 5G and renewable energy technologies, supported by government policies promoting green initiatives. India experienced a significant price rise, fueled by expanding solar energy projects and domestic manufacturing incentives. Similarly, the USA and the United Kingdom saw notable increases in gallium prices, underpinned by growing demand in advanced electronics, defense, and aerospace sectors. This collective upward momentum reflects a global surge in technological innovation and renewable energy adoption, solidifying gallium’s position as a critical material in emerging industries.

Q2 2024

In Q2 2024, the global gallium market demonstrated a synchronized upward trend across key regions, driven by escalating demand from the electronics and renewable energy sectors. China led the growth with a sharp increase in gallium prices, fueled by expanding production of gallium-based components for 5G infrastructure and LED manufacturing, alongside government-backed renewable energy initiatives. India experienced significant price growth, supported by rising domestic manufacturing and solar energy projects under government incentives. Similarly, the USA and the United Kingdom saw substantial price increases due to heightened demand in advanced electronics, aerospace, and defense sectors, compounded by ongoing supply chain constraints. This period highlighted a robust global recovery in gallium demand, reflecting its critical role in emerging technologies.

Q3 2024

In Q3 2024, the global gallium market displayed a notable upward trajectory across key regions, driven by heightened demand from advanced technology sectors. In China, gallium prices surged as a result of expanding semiconductor production and aggressive investments in 5G and renewable energy technologies. India experienced a sharp increase in gallium demand, fueled by government-backed initiatives to boost domestic electronics manufacturing and solar energy projects. Similarly, the USA and the United Kingdom saw significant price escalations, driven by robust demand in aerospace, defense, and electric vehicle applications, coupled with supply chain constraints. This synchronized growth underscored a global resurgence in gallium consumption, with major economies prioritizing advanced materials to support technological innovation and green energy transitions.

Q4 2024

In Q4 2024, the global gallium market experienced a synchronized upward trend across key regions, driven by strong demand in advanced technology sectors. In China, renewed growth in semiconductor production and investments in cutting-edge manufacturing technologies fueled significant price increases. India followed suit with rising demand for gallium in solar energy and electronics, supported by government-backed incentives for renewable energy and domestic production. The USA witnessed higher prices due to increased utilization of gallium in aerospace, defense, and electric vehicle industries, while the United Kingdom experienced growth from advanced electronics and clean energy projects. This global surge reflected robust consumption patterns and constrained supply, underscoring gallium’s critical role in emerging technologies.

Why ?

is your trusted resource for tracking global benzene price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the benzene market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence benzene prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely Lactic Acid market data.

Track ‘s benzene price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

is your trusted resource for tracking global gallium price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the gallium market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence gallium prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely gallium market data.

Track 's gallium price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in gallium prices

  •  Semiconductor Boom (2020-2021): The global surge in semiconductor demand during the COVID-19 pandemic accelerated the adoption of gallium-based materials, leading to significant price increases.
  • Renewable Energy Expansion (2022-2023): The shift towards renewable energy sources, particularly solar power, drove higher demand for gallium in photovoltaic cells, contributing to price escalation.
  • Supply Chain Disruptions (2022-2023): Geopolitical tensions and disruptions in raw material sourcing, such as bauxite and zinc processing, impacted gallium production and availability, creating price volatility. These events highlight the sensitivity of the gallium market to technological trends, supply chain factors, and geopolitical developments.

Methodology and Specifications

gallium Pricing Assessment Research Methodology

Data Collection and Sources

  •  Real-Time Market Data: We aggregate data from global exchanges, industry reports, and proprietary databases to provide accurate and timely assessments.
  • On-the-Ground Intelligence: Insights from producers, suppliers, and end-users in key production hubs are integrated to understand market dynamics.
  • Supply Chain Monitoring: Comprehensive tracking of raw materials (e.g., bauxite, zinc residues) and production channels to assess supply conditions.

Event Tracking and Impact Analysis

  • Geopolitical Tensions: Continuous monitoring of geopolitical events affecting supply chains and pricing.
  • Economic Shifts: Analysis of macroeconomic factors and sector-specific demand to predict market movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: Detailed tracking of operational gallium production facilities and their outputs.
  • Future Capacity Projections: Forecasting new capacity additions and technological innovations in gallium production.

Demand Forecasting

  •  Sectoral Demand Analysis: Evaluating gallium demand in semiconductors, photovoltaics, and other applications.
  • Global Demand Dynamics: Regional demand variations and their impact on global pricing.

Pricing Model Development

  • Dynamic Pricing Models: Advanced models incorporating real-time data, historical trends, and market projections.
  • Scenario Analysis: Assessing potential market conditions under various scenarios.

Reporting and Client Support

  •  Comprehensive Reports: Detailed analyses of current and future price trends, with actionable insights.
  • Ongoing Support: Continuous updates and expert advice tailored to client needs.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Gallium pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

CAS No

HS Code

81129200

Molecular Formula

Ga

gallium

Gallium are refined metal products derived from the byproducts of aluminum and zinc processing. Known for their low melting point, high thermal stability, and unique electrical properties, gallium is a critical material in semiconductors, solar cells, and advanced electronics. Its versatility makes it indispensable for emerging technologies and high-performance applications.

Packaging Type

Plastic bottle

Grades Covered

Purity:99.99%

Incoterms Used

CIF Nhava Sheva (China), FOB Shanghai, CIF Southampton (China), CIF Houston (China)

Synonym

Ga Ingot

Quotation Terms:

3-5 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property Specification
Element Symbol Ga
Atomic Number 31
Standard ASTM B894-19 (for high-purity gallium)
Chemical Purity Typically 99.99% to 99.9999% (4N to 6N)
Density 5.91 g/cm³ at 25°C

Applications

• Aerospace: Gallium is used in high-frequency radar systems, advanced communication devices, and lightweight, high-performance alloys critical for modern aircraft and spacecraft components. • Automotive: Gallium-based semiconductors are essential for electric vehicle (EV) power systems, including inverters, chargers, and advanced driver-assistance systems (ADAS). • Construction: Gallium contributes to smart building systems, including energy-efficient lighting (LEDs) and advanced photovoltaic solutions integrated into roofing and window panels. • Electrical: Gallium is a critical material for high-efficiency power electronics, including conductors, cables, and transformer systems. • Packaging: Gallium alloys play a role in specialized packaging applications, such as in hermetic sealing for electronic components and thermal management solutions. • Marine: In shipbuilding and offshore structures, gallium is utilized in advanced navigation and communication systems, as well as for anti-corrosion coatings. • Household Goods: Gallium-based components are integral to energy-efficient appliances, LED lighting, and high-performance cookware. • Industrial Machinery: Gallium contributes to high-precision tools, thermal management systems, and electronic controls in machinery. • Other: Gallium finds extensive use in solar panels, optoelectronic devices, heat exchangers, and decorative applications requiring superior thermal and electrical properties. Gallium’s versatility and advanced performance characteristics make it indispensable across diverse industries, especially in sectors prioritizing energy efficiency, lightweight materials, and cutting-edge technology.

Disclaimer

Gallium price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for gallium. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Request a Price Watch Demo

Frequently asked questions

What factors influence the pricing of Gallium? +

The pricing of Gallium Ingot is influenced by several factors, including:
1. Supply & Availability
• Primary Production: Gallium is a byproduct of aluminum (bauxite) and zinc processing. Limited primary production affects availability.
• Global Reserves: Major producers include China, Germany, Japan, and South Korea. Restrictions or increased production impact pricing.
2. Demand from Key Industries
• Semiconductors & Electronics: Used in GaAs and GaN-based semiconductors for LEDs, solar cells, and 5G technology.
• Aerospace & Defense: Increasing military applications drive demand.
• Renewable Energy: Thin-film solar panels and high-efficiency energy systems boost consumption.
3. Purity & Quality
• Higher purity (5N, 6N, or 7N) commands higher prices due to refined processing requirements.
4. Geopolitical Factors
• Export restrictions or tariffs from major suppliers (e.g., China, the largest producer) can create price fluctuations.
5. Market Speculation & Investment Trends
• Investors and market traders can influence short-term price volatility.
6. Alternative Materials & Substitutes
• If alternative materials (e.g., silicon, indium, or perovskite) become more viable, demand and prices for gallium could decrease.
7. Processing & Refinement Costs
• Energy-intensive purification processes affect pricing, especially with rising electricity costs.
8. Currency Exchange Rates
• Since gallium is traded internationally, fluctuations in USD, CNY, or EUR impact its market price.

How do feedstock prices impact Gallium? +

Feedstock prices such as bauxite and zinc residues directly impact production costs, influencing gallium pricing.

What is the relationship between gallium prices and inflation? +

Gallium prices rise with inflation due to increased production costs, though technological demand often sustains pricing despite broader economic trends.

Price Watch Login