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.

Get FREE access to the latest REPORT on the Rare Gases Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Rare Gases - World's Largest Markets

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

Rare Gases - Top Importers

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

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

Source: IndexBox Market Intelligence Platform