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Dysprosium Oxide Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Dysprosium Oxide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Dysprosium Oxide Price Trend for the First Half of 2023

Dysprosium oxide is widely renowned for its high refractive index and thus is used in optical lenses and imaging devices. It is also a crucial component of high-strength magnets that are popularly used in electric vehicles and wind turbines. In electronics, it is employed in the production of capacitors and data storage devices, and thus, its price trend is dictated by the market activities of EVs and magnets.

Dysprosium Oxide Price Trends and Forecast

In global markets, the prices of dysprosium oxide fluctuated as the shortage of mine-produced dysprosium proved to be a challenge in the fields of automobiles and magnets. Further, China banned the exports of rare earth metals to support its domestic markets, which, in turn, elevated the problem of a supply crunch of dysprosium oxide.

From the demand perspective, there was only a marginal incline in the procurement of dysprosium oxide from the automotive sectors due to the weak supply. The permanent magnets sector performed better than the automotive industries and was a significant driver of the price trend of dysprosium oxide.

Analyst Insight

According to Procurement Resource, the price of Dysprosium Oxide is estimated to oscillate as the demand from the end-user sectors seems to be stable, but the supply of dysprosium oxide is likely to remain poor, negatively impacting the market.

Procurement Resource provides latest prices of Dysprosium Oxide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Dysprosium oxide is a rare earth metal oxide, lustrous, soft and silvery in appearance. It reacts with cold water and dissolves in acid. It is thermally stable, has a high dielectric constant, and has applications in microelectronics, semiconductors, and photovoltaic agents.

Product Details

Report Features Details
Product Name Dysprosium Oxide
CAS Number 1308-87-8
Industrial Uses Control rods for nuclear reactors, semiconductor and photovoltaic agent, metal halogen lamps, yttrium aluminium garnet
HS Number 28469090
Chemical Formula Dy2O3
Synonyms Dysprosia, Didysprosium trioxide
Molecular Weight 373 g/mol
Supplier Database China Minmetals Rare Earth, Longyi Heavy Rare-Earth, Ganzhou Qiandong Rare Earth Group
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

Dysprosium oxide can be obtained by homogeneous precipitation technique where dysprosium chloride solution is kept in the presence of urea at higher temperatures to give the precipitated particles, which are then heated in air to give Dysprosium oxide particles.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

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  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

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UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

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