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Gallium Price
The Gallium prices and rates shown reflect the standard retail rate for individual investors and is consistent with typical market pricing. For larger orders of gallium, whether for investment purposes or industrial use, please get in touch with us to receive a tailored quote. These quotes are obtained from an industry supplier by an API.
Current reference price: $3,105.16/kg
Key Price Drivers
Expanding Applications
Increasing demand in semiconductors, solar cells, and LED technology
Supply Concentration
China dominates production (>90%) and has imposed export restrictions
Strategic Designation
Listed as a critical metal by major economies driving strategic reserves
Limited Substitutability
Gallium's unique properties lack viable alternatives in critical tech applications
Learn more about gallium, its key applications, and long-term investment potential in our guide to investing in gallium.
Gallium Price Trends & Forecast
Gallium was quiet for most of the 2010s because though supply was concentrated to China, it was steady, and mainly recovered as a by-product of bauxite and zinc processing. Prices stayed contained and the market was largely driven by steady LED and radio chip demand.
The picture changed in 2023 when China introduced export licensing for several gallium products. Exports dropped sharply and even fell to zero in August that year, which tightened availability outside China and lifted prices.
In 2024 exports recovered as licences were granted, but prices in China still firmed as overseas stocks stayed thin. Then, in December 2024, China announced that exports of gallium to the United States would not be permitted. That move formalised a split between the US and Chinese supply chains, further bolstering its price.
Through 2025 China has also said it will step up enforcement against smuggling and tighten oversight of strategic mineral flows. Concentration remains the core issue. China accounts for over ninety percent of worldwide Gallium output, so any change in Chinese policy has an outsized effect on price and availability.
In the short term prices look set to stay firm and volatile. Demand from gallium nitride power devices, radio components and defence applications remains strong, while inventories outside China are thin. A period of softer pricing would likely need either a slump in electronics demand or a surge in new supply from outside China. But building meaningful supply elsewhere will require deep expertise, mining capabilities and significant investment, all of which will take time to develop.
Looking further ahead, most analysts expect the second half of the 2020s to bring continued upward pressure on prices. Unless recycling and new recovery projects scale up quickly, China’s near-monopoly on supply will keep the market tight and prevent prices from returning to the low levels seen in the 2010s. In other words, the base level for gallium now appears structurally higher, with further gains likely if technology demand keeps accelerating.