Helium Price in India

 

  • India: 94,533 USD/MT

 

The prices of helium settled at 94,533 USD/MT in December 2023.

The latest report by IMARC Group, titled "Helium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of helium prices. This report delves into globally, presenting a detailed analysis, along with informative helium price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

 

Report Offering:

  • Monthly Updates: Annual Subscription
  • Quarterly Updates: Annual Subscription
  • Biannually Updates: Annual Subscription

 

The study delves into the factors affecting helium price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

Request For a Sample Copy of the Report: https://www.imarcgroup.com/helium-pricing-report/requestsample

Helium Price Trend- Last Quarter

The helium market is driven by several key factors, including its diverse range of applications and the limited supply. Helium is a critical component in various industries, such as healthcare, electronics, aerospace, and cryogenics. In healthcare, helium is used in magnetic resonance imaging (MRI) machines due to its unique cooling properties, making it essential for the maintenance of superconducting magnets. Additionally, the electronics industry relies on helium for the manufacturing of semiconductors and fiber optics, which are foundational components of modern technology.

Furthermore, the aerospace sector uses helium in rocket propulsion systems and for creating controlled environments in aircraft. Besides this, helium's unique properties, such as being non-reactive and having the lowest boiling point of any element, make it irreplaceable in many scientific and industrial processes. The market is also influenced by geopolitical factors, as helium production is concentrated in a few countries. Moreover, the growing demand for helium in emerging markets and the increasing focus on renewable energy technologies, such as nuclear fusion, are acting as another growth-inducing factor.

Helium Industry Analysis

In the last quarter, helium prices in India have been influenced by a combination of market dynamics and external factors. The global supply of helium has been tight due to geopolitical tensions and reduced production outputs from major suppliers. Additionally, the surge in demand from India's healthcare sector, particularly for MRI machines and other medical equipment requiring helium cooling, has put upward pressure on prices. Besides this, cautious market optimism and seasonal uptick have resulted in an uptick in prices.

Furthermore, logistical challenges, such as increased freight costs and delays at ports, have exacerbated supply chain issues, making helium imports more expensive and less predictable. Exchange rate fluctuations have also played a role, with the weakening of the Indian Rupee against the US Dollar adding to the overall cost of helium imports.

 

Regional Price Analysis:

  • 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

 

Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

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