PA (Protactinium) Price Trend and Forecast
Get the latest insights on price movement and trend analysis of PA (Protactinium) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Protactinium Price Trend for the First Half of 2024
In the first half of 2024, Protactinium prices demonstrated limited variations, influenced by a combination of supply constraints and shifting demand dynamics. Protactinium, a rare and highly radioactive metal, is crucial in advanced nuclear applications, particularly in the development of nuclear reactors and particle accelerators. Its industrial significance extends to research in nuclear physics and material science, where it plays a role in studying nuclear reactions and properties.
PA (Protactinium) Price Chart
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During this period, Protactinium's price fluctuations were driven by tight supply chains and disruptions in production, similar to trends observed in other strategic metals. Geopolitical tensions and logistical issues affected global trade, impacting the availability and pricing of this rare material. Despite these challenges, the metal's essential role in cutting-edge technology and energy solutions contributed to its sustained industrial relevance. As the market adjusts to these disruptions, Protactinium's pricing trajectory will likely continue to remain similarly wavering.
Analyst Insight
According to Procurement Resource, the protactinium market is likely to remain consolidated, since the area of its applicability is limited and the supply chains are also very narrow, the prices do not have much margin to show serious fluctuations.
PA (Protactinium) Price Trend for the Year 2023
Protactinium is one of the rarest earth metals that is found in the Earth’s crust in its original form. It belongs to the actinide series in the periodic table with atomic number 91. Protactinium is such a rare element that its average availability is estimated to be about some parts per trillion. The highest concentration in parts per million has been found with radioactive element ores like Uraninite ores in Zaire (Democratic Republic of Congo), Central Africa.
So due to such scarce presence and high toxicity along with its highly radioactive nature, Protactinium is not known to have any significant industrial applications but is only an element of scientific interest for research purposes. With such limited availability, Protactinium price trend do not have much scope to fluctuate with occasional or regional imbalances. With no known practical industrial application, the procurement queries are almost nil, but if required, Protactinium is one of the most expensive elements to procure.
Analyst insight
According to Procurement Resource, Protactinium prices are expected to remain high as it is one of the rarest earth metals, and with such scarce availability, the prices do not fluctuate much.
Procurement Resource provides latest prices of PA (Protactinium). 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.
PA (Protactinium), a silvery-gray substance, is a chemical element with atomic number 91. It is a dense, actinide metal that forms various chemical compounds as it readily reacts with oxygen, water vapour and inorganic acids. It is usually found in +5 oxidation state, among +4, +3 and +2 states. It is not present in the Earth's crust in abundance like many other metals. It is being studied for various research purposes owing to its high radioactivity.
Report Features | Details |
Product Name | PA (Protactinium) |
Industrial Uses | Scientific research |
Chemical Formula | Pa |
Synonyms | 7440-13-3, Protactinium (PA) |
Supplier Database | American Elements, Lenntech B.V. |
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.
In order to produce PA (Protactinium), the reduction process of its fluoride is carried out. In this process, calcium, lithium or barium is used to reduce the fluoride (protactinium tetrafluoride or protactinium pentafluoride) at a temperature of 1300–1400 °C, thus, producing PA (Protactinium) metal.
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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