Rare Gases Market

Rare gases market: enjoy newly released facts and figures featured by an Ai-driven market intelligence platform. Datasets cover companies, imports, trade, market size, market prices, consumption, production, and exports. There is a breakdown by country, including the U.S., the U.K., China, Africa, EU, Russia, Latin America, and the Middle East. Market insights and outlook to 2030 are also provided in the dashboards.


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Rare Gases - World's Largest Markets

RatingCountry
1China
2United States
3Russia
4Japan
5South Korea

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Russia.

In China, the rare gases market increased at an average annual rate of +19.5% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+1.6% per year) and Russia (+15.1% per year).

Rare Gases Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per cubic meter
Spain3.73.53.92.2%
Italy5.155.43.1%
Netherlands17126.7-36.5%
United Kingdom13109.6-14.4%
Belgium108.91523.5%
France211617-10.6%
United States1717197.4%
Germany222321-3.6%
Russia312921-18.2%
China13192128.7%
Poland222922-1.6%
Australia20212615.6%
Algeria19192821.9%
Average1617187.6%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Algeria ($28 per cubic meter), while Spain ($3.9 per cubic meter) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per cubic meter
South Korea35395828.8%
Japan33364415.1%
Taiwan (Chinese)30334421.8%
China28344121.5%
United States3633394.1%
United Kingdom1916213.5%
Italy1415165.8%
Belgium213113-22.0%
Germany18149.7-26.0%
Netherlands16159-26.0%
France9.69.68.3-7.3%
Canada2.62.64.125.5%
Indonesia1.91.51.8-4.8%
Average181818-1.1%

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($58 per cubic meter), while Indonesia ($1.8 per cubic meter) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Rare Gases - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China0.20.30.318.2%
South Korea0.10.20.330.7%
Germany0.10.060.116.3%
Taiwan (Chinese)0.060.080.143.4%
France0.040.040.183.0%

In value terms, China ($302M), South Korea ($250M) and Germany ($138M) constituted the countries with the highest levels of imports in 2020, together accounting for 34% of global imports. These countries were followed by Taiwan (Chinese), France, Japan, the UK, Belgium, the United States, Italy, the Netherlands, Canada and Indonesia, which together accounted for a further 40%.

Among the main importing countries, France (+83.0% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Rare Gases - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.40.50.54.2%
Algeria0.10.20.223.5%
France0.050.070.151.1%
Belgium0.030.040.0965.1%
Germany0.050.060.0828.2%

In value terms, the United States ($462M) remains the largest rare gases supplier worldwide, comprising 32% of global exports. The second position in the ranking was occupied by Algeria ($167M), with a 12% share of global exports. It was followed by France, with a 8% share.

From 2018 to 2020, the average annual growth rate of value in the United States totaled +4.2%. In the other countries, the average annual rates were as follows: Algeria (+23.5% per year) and France (+51.1% per year).

Rare Gases - Market Forecast

Driven by increasing demand for rare gases worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Rare Gases - Product Coverage

  • HS 280429 - Gases, rare; other than argon
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World - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global rare gases market.

Latin America and the Caribbean - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Latin America and the Caribbean.

Central Asia - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Central Asia.

Middle East - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in the Middle East.

Eastern Asia - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Eastern Asia.

Africa - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Africa.

Northern America - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Northern America.

Australia and Oceania - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Australia and Oceania.

Southern Asia - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in Southern Asia.

South-Eastern Asia - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the rare gases market in South-Eastern Asia.

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