Indium Price Trend and Forecast

Regional Price Overview

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

Indium Price Trend for the Second Half of 2023

Since the initiation of H2 of 2023, market participants noted a soft demand for indium despite recent price increases driven by supply constraints in China. Indium, being a rare earth metal, is crucial for various applications, including in electronic batteries, indium tin oxide for LCD screens, and semiconductors; it witnessed a continued reduction in demand as the constraints in the consumer spending budgets grew more intense with the passing of each month under the influence of the weak position of the global economy.

Indium Price Chart

Indium Price Trends

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The traders also attributed the market's softness to poor macroeconomic conditions and loss of consumer confidence, particularly affecting the chemicals sector.

Indium prices surged post-export controls on gallium and germanium, with uncertain activity on the Liyang Zhonglianjin e-exchange in China driving the increase in the later months. Despite higher prices in China, the world's primary indium producer and consumer, lower prices in the rest of the world were the cause of concern for global traders.

Analyst Insight

According to Procurement Resource, the price trend of Indium is expected to be based on the trading activities and functioning of the global economy in the upcoming quarters.

Indium Price Trend for the First Half of 2023

The market activities of Indium were highly influenced by the performance of the downstream industries such as automotive, renewable energy, LED-OLED, etc. In China, the supply of rare earth metals such as Indium increased at a consistent pace due to the intake of several new mining projects, especially in Australia that flooded the market with the supply of Indium while its demand failed to meet the required pace.

The slowdown of Chinese auto industries, disruptions in the supply of essential raw materials, weak revival rate of major cities after the pandemic, and pessimistic behavior of the consumer sector affected the market of Indium negatively.

The industries witnessed almost no new orders, especially in the first quarter, not only from the domestic industries but also from the international players, which further hampered the growth of Indium prices. Further, tensions between the US and China and the decline in the dependence of global markets on Chinese exports ultimately led to the fall in the price trend of Indium.

Analyst Insight

According to Procurement Resource, the price of Indium is estimated to oscillate in the upcoming months as the opening of new mines is expected to influx the market with an excess of Indium while the demand for Indium seems to fall short as compared to the supply.

Procurement Resource provides latest prices of Indium. 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.

Platform Sample

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Indium is known to be the softest metal which is not an alkali metal. In appearance, it is a silvery-white metal which resembles tin in appearance. It is a post-transition metal which makes up 0.21 parts per million of the earth's crust. Chemically, Indium is similar to gallium as well as thallium, and it is largely intermediate between the two in terms of its properties.

Product Details

Report Features Details
Product Name Indium
Industrial Uses Integrated circuits, Sputtering, Thin film applications, Display screens
Chemical Formula In
Synonyms 7440-74-6, Indium, elemental, indium atom
Molecular Weight 114.82 g/mol
Supplier Database Umicore N.V, DuPont de Nemours, Inc.
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 Process

  • Production of Indium via Ore Processing of Other Metals

Indium can be recovered from fumes, dusts, slags, residues as even from alloys from zinc or lead-zinc smelting. Indium is manufactured exclusively as a by-product while processing of the ores of other metals. Its primary source materials are sulphidic zinc ores, where it is primarily hosted by sphalerite.


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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