Year-by-year annual average price for hafnium in USD/kg, sourced from U.S. Geological Survey, Mineral Commodity Summaries 2025. Hafnium metal (99.9%+), byproduct of nuclear zirconium refining.
Hafnium is essential for nuclear power generation and advanced semiconductor manufacturing. Its role in high-k gate dielectrics makes it critical to the continued scaling of computer chips. Demand is driven primarily by Nuclear reactor control rods, High-temperature superalloy additions, Gate insulators in advanced semiconductors (MOSFET). Supply is concentrated in France, Germany, United States, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Hafnium prices.
Hafnium prices held roughly steady at $900 per USD/kg (2023 average: $900) in 2024.
Hafnium prices held roughly steady at $900 per USD/kg (2022 average: $900) in 2023.
Hafnium prices rose +2.3% from 2021's $880 per USD/kg to $900 per USD/kg in 2022.
Hafnium prices rose +2.3% from 2020's $860 per USD/kg to $880 per USD/kg in 2021.
Hafnium prices fell -1.7% from 2019's $875 per USD/kg to $860 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.
| Year | Average Price (USD/kg) | YoY Change |
|---|---|---|
| 2024 | $900 | +0.0% |
| 2023 | $900 | +0.0% |
| 2022 | $900 | +2.3% |
| 2021 | $880 | +2.3% |
| 2020 | $860 | -1.7% |
| 2019 | $875 | -2.8% |
| 2018 | $900 | +2.9% |
| 2017 | $875 | +2.9% |
| 2016 | $850 | -5.6% |
| 2015 | $900 | -5.3% |
| 2014 | $950 | +5.6% |
| 2013 | $900 | -5.3% |
| 2012 | $950 | -5.0% |
| 2011 | $1,000 | +11.1% |
| 2010 | $900 | +5.9% |
| 2009 | $850 | -5.6% |
| 2008 | $900 | +5.9% |
| 2007 | $850 | +21.4% |
| 2006 | $700 | +40.0% |
| 2005 | $500 | +25.0% |
| 2004 | $400 | +60.0% |
| 2003 | $250 | +25.0% |
| 2002 | $200 | +14.3% |
| 2001 | $175 | +16.7% |
| 2000 | $150 | — |
Source: U.S. Geological Survey, Mineral Commodity Summaries 2025. Hafnium metal (99.9%+), byproduct of nuclear zirconium refining
The most recent annual average we track is $900 per USD/kg for 2024. Live spot prices are shown on the Hafnium live-price page.
up +0.0% — from $900 per USD/kg in 2023 to $900 per USD/kg in 2024.
up +2.9% — from $875 per USD/kg in 2019 to $900 per USD/kg in 2024.
down -5.3% — from $950 per USD/kg in 2014 to $900 per USD/kg in 2024.
Hafnium is essential for nuclear power generation and advanced semiconductor manufacturing. Its role in high-k gate dielectrics makes it critical to the continued scaling of computer chips. Demand is driven primarily by Nuclear reactor control rods, High-temperature superalloy additions, Gate insulators in advanced semiconductors (MOSFET). Supply is concentrated in France, Germany, United States, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Hafnium prices.
The highest annual average hafnium price in our recorded series was $1,000 per USD/kg in 2011.
U.S. Geological Survey, Mineral Commodity Summaries 2025. Hafnium metal (99.9%+), byproduct of nuclear zirconium refining