Gallium Price History — 2000–2024

Year-by-year annual average price for gallium in USD/kg, sourced from U.S. Geological Survey, Mineral Commodity Summaries 2025. Gallium metal (99.99%+), price spiked after China 2023 export controls.

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Performance vs. prior periods

What drives Gallium prices

Gallium is essential for 5G infrastructure, defense radar, and next-generation power electronics. China imposed export controls on gallium in 2023, creating immediate supply disruption. Demand is driven primarily by GaN semiconductors for 5G and power electronics, GaAs chips for solar cells and radar, Blue and violet LEDs and laser diodes. Supply is concentrated in China, Russia, South Korea, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Gallium prices.

What moved Gallium prices, year by year

What moved Gallium prices in 2024

Gallium prices fell -56.0% from 2023's $500 per USD/kg to $220 per USD/kg in 2024.

What moved Gallium prices in 2023

Gallium prices rose +66.7% from 2022's $300 per USD/kg to $500 per USD/kg in 2023. That was the highest 2023 reading in 10 years.

What moved Gallium prices in 2022

Gallium prices rose +36.4% from 2021's $220 per USD/kg to $300 per USD/kg in 2022. That was the highest 2022 reading in 9 years.

What moved Gallium prices in 2021

Gallium prices rose +48.6% from 2020's $148 per USD/kg to $220 per USD/kg in 2021. That was the highest 2021 reading in 8 years.

What moved Gallium prices in 2020

Gallium prices rose +9.6% from 2019's $135 per USD/kg to $148 per USD/kg in 2020.

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.

Annual Average Gallium Prices (2000–2024)

YearAverage Price (USD/kg)YoY Change
2024$220-56.0%
2023$500+66.7%
2022$300+36.4%
2021$220+48.6%
2020$148+9.6%
2019$135-6.9%
2018$145-2.0%
2017$148+5.7%
2016$140-6.7%
2015$150-11.8%
2014$170-5.6%
2013$180-64.0%
2012$500-16.7%
2011$600+33.3%
2010$450+309.1%
2009$110+10.0%
2008$100-16.7%
2007$120-20.0%
2006$150-16.7%
2005$180-10.0%
2004$200-20.0%
2003$250-16.7%
2002$300-50.0%
2001$600+200.0%
2000$200

Source: U.S. Geological Survey, Mineral Commodity Summaries 2025. Gallium metal (99.99%+), price spiked after China 2023 export controls

Frequently Asked Questions

What is the current gallium price?

The most recent annual average we track is $220 per USD/kg for 2024. Live spot prices are shown on the Gallium live-price page.

How has the gallium price changed in the last year?

down -56.0% — from $500 per USD/kg in 2023 to $220 per USD/kg in 2024.

How has the gallium price changed over the last 5 years?

up +63.0% — from $135 per USD/kg in 2019 to $220 per USD/kg in 2024.

How has the gallium price changed over the last 10 years?

up +29.4% — from $170 per USD/kg in 2014 to $220 per USD/kg in 2024.

What drives gallium prices?

Gallium is essential for 5G infrastructure, defense radar, and next-generation power electronics. China imposed export controls on gallium in 2023, creating immediate supply disruption. Demand is driven primarily by GaN semiconductors for 5G and power electronics, GaAs chips for solar cells and radar, Blue and violet LEDs and laser diodes. Supply is concentrated in China, Russia, South Korea, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Gallium prices.

What was the highest gallium annual average price?

The highest annual average gallium price in our recorded series was $600 per USD/kg in 2001.

Where do these gallium prices come from?

U.S. Geological Survey, Mineral Commodity Summaries 2025. Gallium metal (99.99%+), price spiked after China 2023 export controls