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In the first quarter of 2025, the price of gallium experienced a significant decline, dropping by $427,925 per metric ton, FOB Shanghai which represents a 4.64% decrease. This notable reduction suggests potential shifts in supply-demand dynamics, possibly driven by increased production in China where gallium refining is heavily concentrated or reduced demand from the semiconductor and photovoltaic sectors. Global economic uncertainties and ongoing efforts to diversify supply chains away from critical material dependencies may have also contributed to downward pressure on prices. The price movement highlights the volatility of the minor metals market and underscores the importance of monitoring geopolitical and industrial trends impacting critical raw materials like gallium.
Q4 2024
In Q4 2024, the gallium market witnessed a notable price increase of $448,763 per metric ton, FOB Shanghai marking a 2.22% rise compared to the previous quarter. This price surge reflects heightened demand, particularly from the semiconductor and optoelectronics industries, where gallium plays a crucial role in producing components like gallium arsenide (GaAs) and gallium nitride (GaN).
Supply constraints, partly due to tightened export controls and limited primary production sources mostly as a byproduct of bauxite or zinc refining, have further contributed to the upward pressure on prices. As global demand for advanced electronics and green energy technologies continues to grow, gallium’s strategic importance and pricing volatility are expected to remain key market dynamics.
Q3 2024
In Quarter 3 of 2024, gallium experienced a significant price increase, rising by $439,000 per metric ton, FOB Shanghai which corresponds to a 4.94% gain. This notable uptick reflects tightening global supply chains and increasing demand from high-tech industries, particularly in semiconductors, photovoltaics, and 5G applications, where gallium-based compounds like GaAs and GaN are critical. Market sentiment was further influenced by export restrictions from major producers such as China, heightening concerns over long-term supply stability. As a result, buyers may face sustained upward pricing pressure, while manufacturers seek alternative sources or recycling strategies to mitigate costs.
Q2 2024
In Quarter 2 of 2024, the gallium market experienced a notable surge, with prices climbing by $418,333 per metric ton, FOB Shanghai an increase of 6.36%. This sharp price uptick suggests tightening supply conditions, likely driven by growing demand in key sectors such as semiconductors, photovoltaics (solar panels), and advanced electronics where gallium is essential for gallium arsenide (GaAs) and gallium nitride (GaN) components.
Contributing factors may include strategic stockpiling, supply chain constraints from major producers like China, and increased regulatory scrutiny on critical mineral exports. This trend reflects gallium’s rising strategic importance amid global shifts toward green technology and digital infrastructure.
Q1 2024
In Q1 2024, gallium experienced a notable price increase, surging by $393,333 per metric ton, FOB Shanghai representing a 2.97% rise compared to the previous period. This upward trend likely reflects tightened supply conditions, rising demand from the semiconductor and electronics sectors, and growing strategic interest due to gallium’s role in high-tech and green technologies such as 5G and solar energy. The gallium price movement suggests market sensitivity to geopolitical developments and supply chain constraints, especially given China’s dominance in gallium production and recent export controls. Overall, this increase underscores gallium’s growing strategic importance in global tech supply chains.
Q1 2025
In Quarter 1 of 2025, the gallium market in India witnessed a significant price correction, with the metal’s value declining by $458,963 per metric ton, CIF Nhava Sheva (China) representing a 4.09% decrease. This downward trend may be attributed to a combination of easing global supply constraints, reduced demand from key sectors such as semiconductors and photovoltaics, and inventory adjustments by major consumers. The price softening could also reflect macroeconomic factors, including currency fluctuations or trade policy shifts impacting imports. Stakeholders across the value chain may interpret this correction as a short-term market realignment, though further monitoring is essential to determine if this signals a broader trend or a temporary adjustment.
Q4 2024
In Q4 2024, gallium prices in India saw a notable increase of $478,523 per metric ton, CIF Nhava Sheva (China) reflecting a 2.80% rise, driven by global supply constraints and rising demand in high-tech sectors. The surge was largely due to China’s export restrictions on gallium, which led to a significant price hike in global markets. With gallium being crucial for industries such as semiconductors, solar energy, and electronics, India, which relies on these technologies, experienced a direct impact.
Domestic demand was further bolstered by government incentives for solar energy projects and the expansion of electronics manufacturing. Despite a slight price correction towards the end of the quarter, the overall market outlook remains positive, supported by continued demand from both the tech and green energy sectors.
Q3 2024
In Quarter 3 of 2024, Gallium India experienced a significant price increase of $465,475 per metric ton, CIF Nhava Sheva (China) reflecting a 7.13% rise. This surge in price can be attributed to various factors, such as increasing demand in key industries like electronics, solar energy, and semiconductors, alongside potential supply chain disruptions or raw material shortages.
The price hike suggests a strong market trend where demand is outpacing supply, likely driven by global shifts in technology and energy production. The 7.13% increase not only underscores the market’s bullish outlook but also highlights the volatility and sensitivity of gallium prices, especially in a rapidly evolving technological landscape. This upward trend could have a ripple effect on industries reliant on gallium, leading to increased production costs or potentially influencing pricing strategies in the broader materials market.
Q2 2024
In the second quarter of 2024, gallium prices in India surged by $434,492 per metric ton, CIF Nhava Sheva (China) reflecting a 6.73% increase. This price hike was primarily driven by a combination of global supply constraints and domestic demand growth. China, which controls most of the world’s gallium production, implemented strict export controls in August 2023, significantly impacting global availability and pushing prices to their highest levels since 2011.
At the same time, rising demand in high-tech sectors such as semiconductors, telecommunications, and renewable energy in India fueled further price pressures. Additionally, government initiatives aimed at expanding solar energy projects and boosting domestic manufacturing contributed to the growing demand for gallium, making it a critical resource in India’s technology and energy sectors.
Q1 2024
In Q1 2024, gallium prices in India rose sharply by $407,096 per metric ton, CIF Nhava Sheva(China) marking a 4.23% increase, largely driven by global supply constraints following China’s export restrictions imposed in mid-2023. As China accounts for the vast majority of global gallium production, its policy shift disrupted international supply chains and caused a ripple effect in pricing worldwide.
In India, the price surge was amplified by growing demand from high-tech industries, particularly in semiconductors, solar energy, and power electronics, where gallium compounds like gallium nitride are vital. Domestic initiatives to boost renewable energy and advanced manufacturing further supported this demand, although market participants remain cautious about the long-term price trajectory amid efforts to diversify supply sources.
PriceWatch 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, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence gallium prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely gallium market data.
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Molecular Weight[g/mol]
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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.
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PriceWatch Quotation Terms:
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
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.
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.
Feedstock prices such as bauxite and zinc residues directly impact production costs, influencing gallium pricing.
Gallium prices rise with inflation due to increased production costs, though technological demand often sustains pricing despite broader economic trends.
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