Tellurium Prices

Tellurium Prices H2 2023

In H2 2023, the price of the tellurium in the United States reached 79744 USD/MT. Similarly, in China, the tellurium prices hit 80504 USD/MT in the second half of 2023.

Tellurium Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Tellurium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of tellurium 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 tellurium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of tellurium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing tellurium 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.

Tellurium Market Analysis

The global tellurium market size reached 675 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 1065 Thousand Tons, at a projected CAGR of 5.20% during 2023-2032.

• The rise of the solar energy sector, which is driven by rising demand for renewable energy sources and government subsidies for solar installations, has a direct impact on tellurium demand. Tellurium is an important component in thin-film solar cells, especially cadmium telluride (CdTe) solar panels. As mentioned by World Economic Forum, the world added 50% more renewable capacity in 2023 compared to the previous year. Besides, additional renewable electricity capacity reached 507 gigawatts (GW) in 2023, with solar PV making up three-quarters of global additions, according to the International Energy Agency’s (IEA) Renewables 2023 report. Following COP28’s calls to triple renewable energy capacity by 2030, the increasing momentum to decarbonize could lead to the fastest growth in renewable energy in the next five years.
• Tellurium is also utilized in the production of several electronic devices, including thermoelectric materials, rewritable optical discs, and semiconductor materials such as tellurium dioxide. Technological breakthroughs and continual innovation in electrical gadgets are contributing to the need for tellurium. Hence, the escalating demand for electronic devices is propelling the market for tellurium. According to Pew Research Center, in 27 countries surveyed, majority of people own a mobile phone. In advanced economies, such as South Korea and France, ownership rates are above 90%.Mobile phones are increasingly common in emerging economies as well. Moreover, across the nine emerging economies surveyed, a median of 83% report owning a mobile phone, including nine-in-ten or more in Tunisia (90%) and South Africa (94%).
• Tellurium's function in improving the performance and efficiency of energy storage options such as rechargeable batteries and thermoelectric generators becomes increasingly important as the focus shifts to these technologies. Besides, tellurium's role in solar energy, which is considered a clean and renewable energy source, aligns with these objectives, potentially driving its demand. In 2023, the renewable energy market was valued at US$ 892.7 billion. Looking ahead, IMARC Group estimates the market to reach US$ 1,733.0 billion by 2032, with a compound annual growth rate (CAGR) of 7.65% in 2024-2032.

Tellurium News

The report covers the latest developments, updates, and trends impacting the global tellurium 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 tellurium price trend.

Latest developments in the tellurium industry:

• In April 2024, Professor Yong-Young Noh from the Department of Chemical Engineering at Pohang University of Science and Technology (POSTECH), along with Dr. Ao Liu and Dr. Huihui Zhu, postdoctoral researchers from the Department of Chemical Engineering at POSTECH, Dr. Yong-Sung Kim from Korea Research Institute of Standards and Science, and Dr. Min Gyu Kim from the Pohang Accelerator Laboratory, collaborated on the development of a tellurium-selenium composite oxide semiconductor material. Their efforts led to the successful creation of a high-performance and highly stable p-type thin-film transistor (TFT).

Product Description

Tellurium (Te) is a chemical element with the atomic number 52. It is a silver-white metalloid that is brittle, slightly toxic, and highly rare. Tellurium, selenium, and sulfur are all chalcogens. It is mostly found in the Earth's crust and is frequently associated with copper, gold, and silver ores. Furthermore, it is not found in its natural state, but rather as a byproduct of the processing of copper and lead minerals. Its distinct characteristics enable it to be used in a variety of applications. Furthermore, its scarcity and specific applications make it an essential material in certain high-tech industries, including renewable energy and electronics.

Regional Coverage

The report provides a detailed analysis of the tellurium 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 tellurium price trend. 

Global Tellurium Price

The report offers a holistic view of the global tellurium pricing trends in the form of tellurium 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 tellurium 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 tellurium 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 Tellurium Price

Europe's tellurium 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 tellurium production costs. Additionally, the region's dependency on tellurium imports, coupled with fluctuating currency values, adds another layer of complexity to understanding price trends in this market.

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

North America Tellurium Price

In North America, tellurium 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 tellurium supply chains and pricing structures. The shift towards green energy and electric vehicles in North America also affects demand patterns for metals.

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

Middle East and Africa Tellurium Price

The tellurium 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 tellurium supply and prices.

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

Asia Pacific Tellurium Price

In the Asia Pacific region, tellurium 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 tellurium, making the Asia Pacific market a complex environment for price trend analysis.

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

Latin America Tellurium Price

Latin America's tellurium 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 tellurium 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 tellurium 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 tellurium 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 tellurium 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 tellurium price charts ensure our clients remain at the forefront of the industry.