North America Germanium Prices Movement Q3:
Germanium Prices in United States:
Product | Category | Price |
Germanium | Metals | 1,802,000 USD/MT |
The germanium prices in the United States for the second quarter of 2024 reached 1,802,000 USD/MT. The market underwent phenomenal rise in the price because of different factors which converged to form a conducive environment for increased prices. For starters, demand rose, and an imposition of tariffs on important imports created a temper for increased price. Secondly, spate measures to enhance domestic supply and lessen dependency from foreign sources kept this positive momentum. Adding to these was the geopolitical tensions and seasonal influences which interrupt supply and provide further upward pressure on prices. The combination of increased demand, supply-side constraints, and self-sufficiency created an environment of enormous price growth within the market for the quarter, notwithstanding the external factors.
APAC Germanium Prices Movement Q3:
Germanium Prices in Taiwan:
Product | Category | Price |
Germanium | Metals | 1,605,500 USD/MT |
The price trend for germanium in Taiwan for Q2 2024 settled at 1,605,500 USD/MT in June. The germanium market experienced marked price increases, driven by a combination of factors. Strong demand from the semiconductor industry was a key driver, as this sector's reliance on germanium grew. Compounding this demand-side pressure, supply issues tied to Chinese export restrictions further tightened the market. This underscores the pivotal role that Taiwan plays in the global germanium supply chain, as constrained availability from this major producer led to a steady rise in prices over the previous quarter. The confluence of robust semiconductor demand and supply-side challenges stemming from Chinese trade
Europe Germanium Price Movement:
Germanium Prices in Germany:
Product | Category | Price |
Germanium | Metals | 1,747,700 USD/MT |
In Germany, the germanium market experienced a significant price surge during the second quarter of 2024, with prices reaching an impressive 1,747,700 USD/MT in June. The increase in demand for germanium from key promising industries like automobiles and electronics has led to a rise in the prices. Further aggravating supply shortages, new regulations and increased energy prices, as well as a drastic cutback in imports from China-the leading supplier-have hobnobbed with the force of market to maintain the high prices. Furthermore, while such policies promised the benefits of local sourcing, they coincided with continued supply constraints that kept prices high during the quarter. The persistent high price conditions were the result of steady industrial demand, increasingly tighter supply, and shifting market fundamentals into the German market for germanium during the second quarter of 2024.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Germanium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Germanium price trend, offering key insights into global Germanium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Germanium demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
Request to Get the Sample Report: https://www.imarcgroup.com/germanium-pricing-report/requestsample
Key Features:
Key Attributes | Details |
Product Name | Germanium |
Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Germanium Price Analysis, and Segment-Wise Assessment. |
Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
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 |
About Us:
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