Track the latest insights on erbium price trends and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.
Product
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Category | Region | Price |
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Erbium | Metals | China | 38940 USD/MT |
During the last quarter of 2024, the erbium prices in China reached 38940 USD/MT in December. As per the erbium price chart, rare earth elements were less in demand than anticipated, especially in the electronics industry. Besides this, erbium availability was disrupted by supply chain modifications and logistical issues, such as port congestion and trade disruptions. Geopolitical tensions and trade policies also played a role in shaping the supply chain and impacting prices.
Product
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Category | Region | Price |
---|---|---|---|
Erbium | Metals | China | 42922 USD/MT |
In 2023, the price of the erbium in the China reached 42922 USD/MT.
The report provides a detailed analysis of the erbium 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 erbium price trend.
The report offers a holistic view of the global erbium pricing trends in the form of erbium 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 erbium 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 erbium 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.
Q4 2024:
As per the erbium price index, demand from the automotive and aerospace sectors, strict environmental rules, dependency on imports, and shifting energy prices and currency values were some of the many interrelated reasons that caused the erbium prices in Europe to change in Q4 2024. There was a steady demand for erbium due to the European automobile and aerospace sectors, which need premium specialty metals. Moreover, energy costs and the availability of renewable energy sources significantly influenced erbium production costs.
Europe's erbium 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 erbium production costs. Additionally, the region's dependency on erbium imports, coupled with fluctuating currency values, adds another layer of complexity to understanding price trends in this market.
Detailed price information for erbium can also be provided for an extensive list of European countries.
Region | Countries Covered |
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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. |
Q4 2024:
Technological improvements in erbium extraction and processing aimed to lower costs and increase efficiency, resulted in price volatility. Besides, the region's emphasis on the defense and technology sectors, requiring high-grade metals, contributed to the variability of erbium demand. Moreover, the ongoing trend toward green energy and electric vehicles impacted demand patterns for metals such as erbium, which are employed in a variety of technologies within these sectors.
In North America, erbium 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 erbium supply chains and pricing structures. The shift towards green energy and electric vehicles in North America also affects demand patterns for metals.
Specific erbium historical data within the United States and Canada can also be provided.
Region | Countries Covered |
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North America | United States and Canada |
Q4 2024:
The report explores the erbium pricing trends and erbium price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
The erbium 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 erbium supply and prices.
Region-wise data and information on specific countries within these regions can also be provided.
Region | Countries Covered |
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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. |
Q4 2024:
The Asia-Pacific region, especially China and India, experienced rapid industrial growth and expansion in the manufacturing sector which impacted demand and pricing for erbium. Besides this, active building industries and increased investments in infrastructure projects escalated demand for metals such as erbium. Other than this, increased energy costs directly impacted on the production costs of erbium, leading to higher prices for consumers.
In the Asia Pacific region, erbium 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 erbium, making the Asia Pacific market a complex environment for price trend analysis.
This erbium price analysis can be expanded to include a comprehensive list of countries within the region.
Region | Countries Covered |
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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. |
Q4 2024:
Latin America's erbium 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 erbium prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the erbium price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing erbium pricing trends in this region.
Latin America's erbium 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 erbium 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 erbium pricing trends in this region.
This comprehensive review can be extended to include specific countries within Latin America.
Region | Countries Covered |
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Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
IMARC’s newly published report, titled “Erbium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of erbium 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 erbium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of erbium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing erbium 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.
The global erbium market size reached 647.06 Tons in 2024. By 2033, IMARC Group expects the market to reach 815.21 Tons, at a projected CAGR of 2.50% during 2025-2033.
The report covers the latest developments, updates, and trends impacting the global erbium industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in erbium production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the erbium price trend.
Latest developments in the erbium industry:
Erbium is an element that has its chemical symbol Er and atomic number 68. Chemically it is one of the rare earth metals belonging to the group of elements known as the Lanthanides. Erbium belongs to the group of rare earth metals, it is a silvery-white soft and ductile metal which has moderate water- and air-stable though interacts slowly with water and acids. It is mostly present in the crust of the Earth, usually in combination with other rare earth metals.
Er is distinguished by its exceptional optic characteristics especially its capacity to absorb and release energy in the near infrared spectrum. This property makes erbium useful in diverse sectors, especially in telecommunication to serve in erbium-doped fiber amplifiers (EDFAs) to amplify optical signals in the fiber optic systems. Furthermore, erbium is used in medicine and manufacturing industry in the frames of laser applications for welding, metal cutting, and dermatological treatments meaning its relevance in the present society and technology.
Key Attributes | Details |
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Product Name | Erbium |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Erbium 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 |
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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
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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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: