Year-by-year annual average price for europium in USD/kg, sourced from U.S. Geological Survey, Mineral Commodity Summaries 2025. Europium oxide (Eu₂O₃), 99% REO, Chinese export price.
Europium enabled the global LED lighting transition. Its applications in anti-counterfeiting and displays make it a uniquely strategic rare earth element. Demand is driven primarily by Red phosphors in LED lighting and displays, Anti-counterfeiting phosphors in banknotes, Fluorescent lamp phosphors. Supply is concentrated in China, Russia, Australia, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Europium prices.
Europium prices held roughly steady at $25 per USD/kg (2023 average: $25) in 2024.
Europium prices fell -16.7% from 2022's $30 per USD/kg to $25 per USD/kg in 2023. That made 2023 the lowest annual average in the recorded series.
Europium prices held roughly steady at $30 per USD/kg (2021 average: $30) in 2022.
Europium prices held roughly steady at $30 per USD/kg (2020 average: $30) in 2021.
Europium prices fell -25.0% from 2019's $40 per USD/kg to $30 per USD/kg in 2020. That made 2020 the lowest annual average in the recorded series.
Movement summaries above are calculated directly from the annual averages shown in the table. Critical Minerals HQ does not attribute price moves to specific events except where backed by sourced reporting.
| Year | Average Price (USD/kg) | YoY Change |
|---|---|---|
| 2024 | $25 | +0.0% |
| 2023 | $25 | -16.7% |
| 2022 | $30 | +0.0% |
| 2021 | $30 | +0.0% |
| 2020 | $30 | -25.0% |
| 2019 | $40 | -33.3% |
| 2018 | $60 | -25.0% |
| 2017 | $80 | -33.3% |
| 2016 | $120 | -52.0% |
| 2015 | $250 | -50.0% |
| 2014 | $500 | -50.0% |
| 2013 | $1,000 | -60.0% |
| 2012 | $2,500 | -37.5% |
| 2011 | $4,000 | +1042.9% |
| 2010 | $350 | +34.6% |
| 2009 | $260 | -3.7% |
| 2008 | $270 | +35.0% |
| 2007 | $200 | +33.3% |
| 2006 | $150 | +25.0% |
| 2005 | $120 | +20.0% |
| 2004 | $100 | +11.1% |
| 2003 | $90 | +5.9% |
| 2002 | $85 | -5.6% |
| 2001 | $90 | -10.0% |
| 2000 | $100 | — |
Source: U.S. Geological Survey, Mineral Commodity Summaries 2025. Europium oxide (Eu₂O₃), 99% REO, Chinese export price
The most recent annual average we track is $25 per USD/kg for 2024. Live spot prices are shown on the Europium live-price page.
up +0.0% — from $25 per USD/kg in 2023 to $25 per USD/kg in 2024.
down -37.5% — from $40 per USD/kg in 2019 to $25 per USD/kg in 2024.
down -95.0% — from $500 per USD/kg in 2014 to $25 per USD/kg in 2024.
Europium enabled the global LED lighting transition. Its applications in anti-counterfeiting and displays make it a uniquely strategic rare earth element. Demand is driven primarily by Red phosphors in LED lighting and displays, Anti-counterfeiting phosphors in banknotes, Fluorescent lamp phosphors. Supply is concentrated in China, Russia, Australia, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Europium prices.
The highest annual average europium price in our recorded series was $4,000 per USD/kg in 2011.
U.S. Geological Survey, Mineral Commodity Summaries 2025. Europium oxide (Eu₂O₃), 99% REO, Chinese export price