Bulk Helium Prices December 2023
Product
|
Category |
Region |
Price |
Bulk Helium |
Agriculture |
USA |
95120 USD/MT |
Bulk Helium |
Agriculture |
China |
91700 USD/MT |
The price for bulk helium in the USA during December 2023 settled at 95120 USD/MT.
In China, the price for bulk helium stood at 91700 USD/MT in December 2023.
Bulk Helium Price Trend, Market Analysis, and News
IMARC's latest publication, “Bulk Helium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the bulk helium market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of bulk helium at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed bulk helium price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting bulk helium pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Bulk Helium Market Analysis
The global bulk helium market size reached US$ 6.4 Million Tons in 2023. By 2032, IMARC Group expects the market to reach US$ 11.1 Million Tons, at a projected CAGR of 6.40% during 2023-2032.
- Bulk helium plays an important role in the medical sector, where it is used in magnetic resonance imaging (MRI) machines to cool the superconducting magnets to extremely low temperatures. This enables these magnets to generate powerful magnetic fields, which are essential for detailed images of the internal human anatomy. The prevalence of chronic diseases is surging around the world. As per the Centre for Disease Control and Prevention (CDC), 6 in 10 adults in the U.S. are suffering from chronic diseases. And 4 out of 10 people have more than two chronic conditions. Also, about 21% of the geriatric adults in India have at least one chronic disease. 17% of geriatric people in rural areas and 29% in urban areas suffer from at least one chronic disease. This has heightened the demand for diagnostic imaging procedures like MRI and, consequently, helium.
- Semiconductor manufacturing relies heavily on this gas due to its inert properties and ability to act as a cooling agent. It is utilized to maintain the purity of the environment and prevent contamination during etching, deposition, and other delicate processes. It is also important for the cooling of semiconductor lasers and in the plasma etching process. According to the Semiconductor Industry Association (SIA), the global sales of the semiconductor industry stood at $46.2 billion during the month of February 2024, which is a 16.3 percent increase compared to same time period last year.
- This lightweight gas is also very valuable in the defense sector for various high-tech applications. Its low boiling point and inert characteristics make it a suitable substance for maintaining the cryogenic temperatures required to store liquid hydrogen and oxygen, which are used as rocket propellants. It is also employed in missile guidance systems and infrared (IR) detectors. As the investment in the defense sector continues, the demand fo this gas will also see a surge. According to the Stockholm International Peace Research Institute, the global military expenditure reached US$ 2443 billion in 2023, which is a 6.8% increase. Also, during the same year, the average military spending as a percentage of total government spending increased by 0.4%.
- Beyond all this, bulk helium is used widely in welding and metal fabrication applications. It acts as a shielding gas in gas tungsten arc welding (GTAW) and gas metal arc welding (GMAW). It protects the weld pool from atmospheric contamination, ensuring high-quality welds. Also, its inert nature prevents oxidation and other reactions that could weaken the weld.
Bulk Helium News
The report covers the latest developments, updates, and trends impacting the price of bulk helium, 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 bulk helium price trend.
Latest developments in the bulk helium industry:
- In October 2023, QatarEnergy announced that its LNG helium plant will be online by 2027. This plant will add significant capacity to global helium production.
- In January 2023, Iwatani Corporation, a leading manufacturer and distributor of industrial gases, helium, and specialty gases, acquired Aspen Air US, LLC to enter the US industrial gases market.
Product Description
Bulk helium is a high-purity, tasteless, odorless, colorless, inert gas that is delivered in huge amounts for use in a variety of scientific, medicinal, and industrial purposes. It is also non-toxic and is sourced from natural gas fields and is available in different purity levels, catering to specific industry requirements. This gas is the second lightest element in the periodic table, with an atomic number of 2. It mostly remains in a gaseous state except at extremely low temperatures of -268.93°C (-452.07°F), where it becomes a liquid. Its key properties are boiling point (-268.93°C (-452.07°F)), melting point (-272.2°C (-458°F) at 2.5 MPa), density (0.1786 grams/liter).
This lightweight gas is produced in multiple involving extraction from underground reserves, cryogenic distillation, purification, and liquefaction for easier transport and storage. It is utilized in nuclear reactors, gas chromatography, welding, semiconductor production, research, leak detection, magnetic resonance imaging (MRI) equipment, and party balloons. It is a multipurpose, safe gas with a reputation for purity, non-toxicity, inertness, and effective cooling.
Regional Coverage
The report provides a detailed analysis of the 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 FOB and CIF prices, as well as the key factors influencing the bulk helium price trend.
Global Bulk Helium Price
The report offers a holistic view of the global bulk helium pricing trends in the form of bulk helium 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 levels but also provides insights into historical price of bulk helium, 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 bulk helium 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 Bulk Helium Price
European bulk helium prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
Detailed price information for bulk helium can also be provided for an extensive list of European countries.
Region |
Countries Covered |
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, among other European countries. |
North America Bulk Helium Price
The analysis of bulk helium prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.
Specific bulk helium historical data within the United States and Canada can also be provided.
Region |
Countries Covered |
North America |
United States and Canada |
Middle East and Africa Bulk Helium Price
The report explores the bulk helium pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region |
Countries Covered |
Middle East & Africa |
Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Bulk Helium Price
The bulk helium pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This bulk helium price analysis can be expanded to include a comprehensive list of countries within the region.
Region |
Countries Covered |
Asia Pacific |
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Bulk Helium Price
The analysis of bulk helium prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within Latin America.
Region |
Countries Covered |
Latin America |
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
Key Attributes |
Details |
Product Name |
Bulk Helium |
Report Features |
Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Bulk Helium Price Analysis, and Segment-Wise Assessment. |
Currency/Units |
US$ (Data can also be provided in local currency) or Metric Tons |
Region/Countries Covered |
The current coverage includes analysis at the global and regional levels only.
Based on your requirements, we can also customize the report and provide specific information for the following countries:
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*
*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
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 |
Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
- Scope
- Historical Data for the Current Month
- Forecast for Next Month
- Total Deliverables Per Year: 12 (One Per Month)
- Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year
Plan B: Quarterly Updates - Annual Subscription
- Scope
- Historical Data for the Current Quarter
- Forecast for Next Quarter
- Total Deliverables Per Year: 4 (One Per Quarter)
- Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year
Plan C: Biannually Updates - Annual Subscription
- Scope
- Historical Data for the Current Half
- Forecast for the Next Half
- Total Deliverables Per Year: 2 (One Per 6 Months)
- Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year
|
Post-Sale Analyst Support |
360-degree analyst support after report delivery |
Delivery Format |
PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of bulk helium pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting bulk helium price trend, including input costs, 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 bulk helium price charts ensure our clients remain at the forefront of the industry.