Helium Price in India
- India: 94,533 USD/MT
The prices of helium settled at 94,533 USD/MT in December 2023.
The latest report by IMARC Group, titled “Helium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of helium prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Report Offering:
- Monthly Updates: Annual Subscription
- Quarterly Updates: Annual Subscription
- Biannually Updates: Annual Subscription
The study delves into the factors affecting helium price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/helium-pricing-report/requestsample
Helium Price Trend- Last Quarter
The helium market is primarily driven by the rising demand in medical applications, particularly in MRI scanners as helium plays a crucial role in cooling superconducting magnets. Apart from this, the electronics and semiconductor industry rely heavily on helium for manufacturing processes, including cooling and as a protective atmosphere during production. The aerospace sector also contributes to helium demand, where it is used in rocket propulsion and for purging and pressurizing fuel systems. Additionally, helium is vital in scientific research, especially in cryogenics and as a carrier gas in gas chromatography. The rising demand for optical fibers, which require helium during production to prevent air bubbles, further fuels the market. Moreover, advancements in nuclear energy technology, which utilize helium as a coolant, bolster market growth. The global supply is constrained by limited natural sources, primarily extracted during natural gas production, which impacts prices and availability. Geopolitical factors and the strategic reserve policies of key producing countries, such as the United States, also influence market dynamics.
Helium Industry Analysis
In Q2 2024, helium pricing varied across regions due to several factors. In North America, prices rose initially due to supply disruptions and increased demand from sectors such as healthcare and technology, though they slightly declined toward the end of the quarter. In APAC, prices witnessed a notable increase, driven by supply constraints linked to geopolitical tensions and production disruptions, especially in Russia, along with EU sanctions. India experienced significant price hikes due to seasonal demand spikes and robust procurement activities.
Europe experienced a steady rise in prices influenced by supply disruptions in the Red Sea region and growing industrial demand. The MEA region also witnessed pronounced price increases, largely due to geopolitical tensions and strategic reserve acquisitions, with Qatar experiencing the most volatility. Overall, Q2 2024 was characterized by a generally positive pricing environment across regions, shaped by supply constraints and strong global demand. This trend underscores a broader pattern of tightening helium markets globally, driven by both regional disruptions and sustained demand across various industries.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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