Bismuth Price Trend

Bismuth Prices H2 2023

The H2 2023 price of the bismuth in the USA reached 9560 USD/MT (Bismuth Ingot). Similarly, in China, the bismuth prices hit 7730 USD/MT (Bismuth Ingot). Germany also saw bismuth prices reaching 9172 USD/MT (Bismuth Ingot) in H2 2023.

Bismuth Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Bismuth Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of bismuth pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of bismuth at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of bismuth price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing bismuth price fluctuations, such as supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Bismuth Market Analysis

The global bismuth market size reached 19.70 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 23.86 Thousand Tons, at a projected CAGR of 2.15% during 2023-2032.

• Bismuth is essential in metallurgy, especially when used as an alloying element. Alloys like Wood's metal and Rose's metal, which contain bismuth, have super low melting points. This makes them incredibly handy for things like casting, soldering, and making thermal fuse components. These alloys flow really well, which is it is found in electrical safety devices and fire sprinkler systems where it's crucial to have precise temperature control.
• Bismuth oxychloride, a brilliant white powder, is frequently found in cosmetics, notably in foundations, blushes, and eye shadows. The skin's illuminating shine from its light-reflecting features is popular in products that enhance complexion and provide a radiant finish. Additionally, bismuth oxychloride is recognized for its silky texture that imparts a lavish sensation to cosmetic products. The IMARC Group has a prediction that the worldwide cosmetic industry will reach approximately US$ 618.7 billion by 2032.
• Bismuth compounds, such as bismuth subsalicylate, are frequently utilized in the field of medicine due to their antacid and anti-diarrheal properties. Bismuth subsalicylate is essential in medications for relieving digestive problems such as upset stomach, acid reflux, and loose stools. Its ability to protect the stomach lining provides pain relief and helps decrease symptoms. Furthermore, bismuth compounds possess antimicrobial properties that are beneficial for treating certain infections. Data released by the World Health Organization (WHO) in 2023 highlighted the significant threat posed by antimicrobial resistance (AMR) to global health and development. This further escalated the demand for antimicrobials.
• Bismuth compounds are widely utilized in the electronics industry, especially in the production of semiconductors and thermoelectric materials. Bismuth telluride is appreciated for its thermoelectric characteristics, enabling it to convert heat into electricity and vice versa. This characteristic is essential in thermoelectric generators and coolers utilized in various applications like automotive waste heat recovery and electronic refrigeration systems. The IMARC Group predicts that the global semiconductor market will hit US$ 1,170.4 Billion by 2032.

Bismuth News

The report covers the latest developments, updates, and trends impacting the global bismuth market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the bismuth price trend.

Latest developments in the bismuth industry:

• March 2023: Endo International plc announced the shipping of its first generic version of Allergan’s Pylera (bismuth subcitrate potassium, metronidazole, tetracycline hydrochloride) 140 mg, 125 mg and 125 mg capsules in the U.S.
• May 2024: University of California, Irvine described a novel method to create ultra-thin crystals of the element bismuth. This is majorly impacting the manufacturing of cheap, flexible electronics.

Product Description

Bismuth is a chemical element that is a brittle crystalline metal with a pinkish white color. It is generally less toxic compared to alternative heavy metals. Bismuth alloys have low melting points, allowing them to be easily processed and molded into the required shapes for several industrial applications. Bismuth plays a crucial role in treating gastrointestinal disorders, providing relief to individuals suffering from digestive illness. It also contributes to the advancement in electronics, metallurgy, and material science, driving innovation and progress in various industries. It serves as a safer alternative to lead in numerous applications, lowering health risks for workers, consumers, and the environment. It is often used in the cosmetic industry for the production of a shimmering white powder, adding luminosity and a smooth texture to foundations, blushes, and eye shadows.

Regional Coverage

The report provides a detailed analysis of the bismuth market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the bismuth price trend. 

Global Bismuth Price

The report offers a holistic view of the global bismuth pricing trends in the form of bismuth price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of bismuth but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed bismuth demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Bismuth Price

Europe's bismuth pricing trends are deeply affected by its stringent environmental regulations and the push towards sustainable and recycled materials. The automotive and aerospace industries in Europe, which demand high-quality specialty metals, further complicate the pricing landscape. Energy costs and the availability of renewable energy sources also significantly influence bismuth production costs. Additionally, the region's dependency on bismuth imports, coupled with fluctuating currency values, adds another layer of complexity to understanding price trends in this market.

Detailed price information for bismuth can also be provided for an extensive list of European countries.

North America Bismuth Price

In North America, bismuth prices are closely tied to technological advancements in extraction and processing techniques, which aim to reduce costs and enhance efficiency. The region's emphasis on defense and technology sectors, which require precise and high-grade metals, drives demand variability. Furthermore, trade policies, particularly those involving major trade partners like Canada and Mexico, heavily influence bismuth supply chains and pricing structures. The shift towards green energy and electric vehicles in North America also affects demand patterns for metals.

Specific bismuth historical data within the United States and Canada can also be provided.

Middle East and Africa Bismuth Price

The bismuth pricing trends in the Middle East and Africa are increasingly impacted by infrastructural developments and investments in the construction and transportation sectors. The region’s political climate and its effect on operational stability and security are also crucial in determining price trends. Additionally, the Middle East's strategic initiatives to diversify away from oil dependency and invest in mining and metal production capabilities are reshaping its market dynamics. In Africa, the availability of resources combined with foreign investment in mining projects heavily influences local and global bismuth supply and prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Bismuth Price

In the Asia Pacific region, bismuth pricing dynamics are significantly influenced by robust industrial growth and expanding manufacturing sectors, particularly in China and India. The region's high demand for metals is driven by its active construction industry and increasing investments in infrastructure projects. However, supply disruptions due to geopolitical tensions and regulatory changes in mining practices also play a critical role in shaping price fluctuations. Additionally, trade policies and import-export tariffs continue to impact the cost structures and availability of bismuth, making the Asia Pacific market a complex environment for price trend analysis.

This bismuth price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Bismuth Price

Latin America's bismuth market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in bismuth prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, economic fluctuations and currency devaluation are critical factors that need to be considered when analyzing bismuth pricing trends in this region.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of bismuth pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
• The study examines factors affecting bismuth price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The bismuth price charts ensure our clients remain at the forefront of the industry.