Helium Prices

Helium Price Trend and Forecast

Track the latest insights on helium price trend and forecast with detailed analysis of regional fluctuations and market dynamics across Europe, North America, Middle East & Africa, Asia Pacific, and Latin America.

Helium Prices Q3 2024

During the third quarter of 2024, the helium prices in the India reached 94,300 USD/MT in September due to an influx of supply from key global producers. Reduced freight costs and stable natural gas prices sustained high production levels, leading to market saturation. Despite occasional interferences from plant halts, pricing trended downward throughout the quarter, reflecting persistent supply-demand imbalances and seasonal influences.

In the third quarter of 2024, helium prices in UAE faced a challenging pricing environment in the third quarter of 2024 as abundant supply and limited attaining activity drove prices lower. The quarter ended with helium priced at 92,100 USD/MT in September. Seasonal demand variations and economic vagueness further contributed to the declining market sentiment. While Producers maintained stable operating conditions, persistent supply pressure kept pricing under strain throughout the period.

Helium Prices Q4 2023

The price of helium in India experienced a mixed sentiment during the last quarter of 2023. In the initial two months of the final quarter, prices rose steadily, whereas in the last month they declined slightly. This trend is attributed to supply chain disruptions, increased demand from various sectors, and geopolitical tensions. Finally, the prices of helium settled at 94,533 USD/MT in December 2023.

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 helium price trend.  

Global Helium Price Trend

The report offers a holistic view of the global helium pricing trends in the form of 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 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 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 Helium Price Trend

Q3 2024:

The European helium market experienced a downturn in the third quarter of 2024 due to an abundance of supply and declining purchasing activity. Key consuming industries, including high-tech and healthcare production, contributed to the sluggish demand, particularly in the Netherlands, where the most pronounced price variations were observed. Throughout the quarter, prices trended downward, with seasonal influences playing a role in shaping market conditions. Geopolitical and economic challenges further intensified the pricing pressures, leading to limited adjustments from manufacturers. Sufficient inventories and restrained procurement efforts prevented any significant recovery in pricing. By the close of the quarter, the overall sentiment in the European helium market remained negative, with persistent supply-demand imbalances shaping the market outlook.

Q4 2023:

European 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 helium can also be provided for an extensive list of European countries.

North America Helium Price Trend

Q3 2024:

During the third quarter of 2024, the helium market in North America faced a downturn due to an surplus situation coupled with weak pressure from critical sectors. The high-tech and healthcare industries scaled back procurement efforts, further straining the pricing environment. The U.S., being a key player in the helium industry, experienced significant price volatility as excess stock outpaced market demand. During the quarter, declining prices reflected market stagnation, with seasonal influences and geopolitical uncertainties adding complexity. Abundant inventories kept producers from starting price revisions, and operational rates remained subdued. By the end of the quarter, sentiment in the region remained negative, indicating that without a resurgence in demand, pricing pressures would likely persist.

Q4 2023:

The analysis of 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 helium historical data within the United States and Canada can also be provided.

Middle East and Africa Helium Price Trend

In the third quarter of 2024, the helium market in the Middle East and Africa struggled with declining prices due to oversupply and weak demand from major industries. Qatar, a leading helium supplier, faced considerable price changeability as excess production met limited procurement activity. During the quarter, a consistent drop in prices was observed, with seasonal patterns influencing demand fluctuations in key importing countries. Market sentiment remained under pressure, exacerbated by geopolitical conflicts and financial vagueness. Despite these challenges, pricing stayed largely constant compared to the last quarter, though year-on-year comparisons showed an increase. By the end of the period, the regional helium market reflected a persistent negative outlook, underscoring the difficulties posed by excess supply and stagnant demand.

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

Asia Pacific Helium Price Trend

Q3 2024:

The Asia Pacific helium market witnessed a significant price decline in the third quarter of 2024, largely driven by robust supply levels and subdued demand. India experienced the most volatility, with prices fluctuating due to a steady influx of helium from major suppliers. Freight cost reductions and stable natural gas prices facilitated constant manufacturing, contributing to market oversaturation. Some production disruptions owing to plant closures briefly influenced supply dynamics, yet the overarching trend stayed downward. Seasonal patterns and shifting market conditions played a key role in determining price movements. Although pricing remained largely unchanged from the last quarter, the lack of substantial improvement highlighted persistent market challenges. The quarter closed with continued bearish sentiment, reflecting ongoing difficulties in the helium sector across the region.

Q4 2023:

The helium price in the Asia Pacific region saw a mixed trend during the Q4 of 2023. This is caused by an imbalance between supply and demand because of disruption in Red Sea trade. Also, the growing demand for this gas from the healthcare, technology, and manufacturing sectors further impacted the price.

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

Latin America Helium Price Trend

The analysis of 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.

Helium Price Trend, Market Analysis, and News

IMARC's latest publication, “Helium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the helium market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of helium at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed helium price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting 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.

Helium Industry Analysis

The global helium industry size reached 170 million cubic meters in 2023. By 2032, IMARC Group expects the market to reach 223.8 million cubic meters, at a projected CAGR of 3.10% during 2023-2032.

• Helium gas is extensively used in the medical sector to cool the superconducting magnets in magnetic resonance imaging (MRI) machines to extremely low temperatures. This enables the production of powerful magnetic fields, which are essential for producing high-resolution images of the internal human body parts. The prevalence of chronic ailments is growing worldwide. Based on the Centre for Disease Control and Prevention (CDC) report, 6 out of 10 adults in the United States are suffering from chronic conditions. And 4 in 10 individuals have more than two chronic diseases. Aside from this, approx. 21% of the geriatric people in India have at least one chronic disease. Also, 17% of geriatric adults in rural areas and 29% in urban areas suffer from at least one chronic disease. This trend has elevated the demand for diagnostic imaging procedures like MRI and, in turn, helium.
• The semiconductor sector relies heavily on this substance because of its inert properties and ability to act as a cooling agent. Helium is used to maintain the purity of the environment and prevent contamination during etching, deposition, and other delicate processes. It is also vital for cooling semiconductor lasers and in the plasma etching process. Based on the Semiconductor Industry Association (SIA), the worldwide sales of the semiconductor industry stood at USD 46.2 billion during the month of February 2024, which is a 16.3% increase compared to the same time period last year.
• This lightweight gas is also extremely useful in the defense industry for a variety of high-tech applications. Its low boiling point and inert properties make it ideal for preserving the cryogenic temperatures required to store liquid hydrogen and oxygen, which are utilized as rocket propellants. It's also used in missile guiding systems and infrared detectors. As investment in the defense sector increases, demand for this gas will increase. According to the Stockholm International Peace Research Institute, worldwide military expenditure would reach US$ 2443 billion in 2023, representing a 6.8% increase. Also, during the same year, the average military spending as a percentage of total government spending increased by 0.4%.
• Aside from this, bulk helium is commonly employed in welding and metal production applications. It serves as a shielding gas for gas tungsten arc welding (GTAW) and gas metal arc welding (GMAW). It shields the weld pool from air pollution, resulting in high-quality welds. Furthermore, its inertness prevents oxidation and other reactions that could weaken the weld.

Helium News

The report covers the latest developments, updates, and trends impacting the price of 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 helium price trend.

Latest developments in the helium industry:

• In July 2023, Linde Plc, a leading producer of helium, announced that it will invest $1 billion in India to expand its operations over 3-5 years.
• In January 2023, Iwatani Corporation acquired Aspen Air US, a leading manufacturer and distributor of bulk liquid industrial gases, to enter the US market.

Product Description

Helium is a very pure, tasteless, odorless, colorless, and inert gas that is not hazardous in nature. It is obtained from natural gas sources and is available in a variety of purity levels to meet the needs of various industries. It is also the second lightest element in the periodic table, with an atomic number of 2. This element mostly remains in a gaseous state except at extremely low temperatures of -268.93°C (-452.07°F), where it becomes a liquid. The key physical properties of this gas are boiling point (-268.93°C (-452.07°F)), melting point (-272.2°C (-458°F) at 2.5 MPa), and density (0.1786 grams/liter).

It is commercially produced in several steps, such as extraction from underground reserves, cryogenic distillation, purification, and liquefaction for easier transport and storage. It is employed in gas chromatography, welding, nuclear reactors, semiconductor production, leak detection, academic research, magnetic resonance imaging (MRI), and party balloons. This gas is a versatile substance that is lauded for its purity, non-toxicity, chemical inertness, and effective cooling.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of 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 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 helium price charts ensure our clients remain at the forefront of the industry.