Year-by-year annual average price for indium in USD/kg, sourced from U.S. Geological Survey, Mineral Commodity Summaries 2025. Indium metal (99.97%), primary refined; ITO touchscreen applications.
Indium is essential for every touchscreen and flat panel display. The global smartphone and solar industries depend on stable indium supply from a highly concentrated market. Demand is driven primarily by Indium tin oxide (ITO) for touchscreens and displays, CIGS thin-film solar panels, Low-melting alloys and solders. Supply is concentrated in China, South Korea, Japan, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Indium prices.
Indium prices fell -7.2% from 2023's $180 per USD/kg to $167 per USD/kg in 2024.
Indium prices fell -7.7% from 2022's $195 per USD/kg to $180 per USD/kg in 2023.
Indium prices rose +16.8% from 2021's $167 per USD/kg to $195 per USD/kg in 2022. That was the highest 2022 reading in 6 years.
Indium prices rose +7.7% from 2020's $155 per USD/kg to $167 per USD/kg in 2021.
Indium prices held roughly steady at $155 per USD/kg (2019 average: $155) 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 | $167 | -7.2% |
| 2023 | $180 | -7.7% |
| 2022 | $195 | +16.8% |
| 2021 | $167 | +7.7% |
| 2020 | $155 | +0.0% |
| 2019 | $155 | -7.2% |
| 2018 | $167 | +0.0% |
| 2017 | $167 | -9.7% |
| 2016 | $185 | -68.1% |
| 2015 | $580 | -14.7% |
| 2014 | $680 | +17.2% |
| 2013 | $580 | +0.0% |
| 2012 | $580 | -22.7% |
| 2011 | $750 | +25.0% |
| 2010 | $600 | +42.9% |
| 2009 | $420 | -30.0% |
| 2008 | $600 | -14.3% |
| 2007 | $700 | -22.2% |
| 2006 | $900 | +50.0% |
| 2005 | $600 | +300.0% |
| 2004 | $150 | +50.0% |
| 2003 | $100 | +25.0% |
| 2002 | $80 | -20.0% |
| 2001 | $100 | -50.0% |
| 2000 | $200 | — |
Source: U.S. Geological Survey, Mineral Commodity Summaries 2025. Indium metal (99.97%), primary refined; ITO touchscreen applications
The most recent annual average we track is $167 per USD/kg for 2024. Live spot prices are shown on the Indium live-price page.
down -7.2% — from $180 per USD/kg in 2023 to $167 per USD/kg in 2024.
up +7.7% — from $155 per USD/kg in 2019 to $167 per USD/kg in 2024.
down -75.4% — from $680 per USD/kg in 2014 to $167 per USD/kg in 2024.
Indium is essential for every touchscreen and flat panel display. The global smartphone and solar industries depend on stable indium supply from a highly concentrated market. Demand is driven primarily by Indium tin oxide (ITO) for touchscreens and displays, CIGS thin-film solar panels, Low-melting alloys and solders. Supply is concentrated in China, South Korea, Japan, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Indium prices.
The highest annual average indium price in our recorded series was $900 per USD/kg in 2006.
U.S. Geological Survey, Mineral Commodity Summaries 2025. Indium metal (99.97%), primary refined; ITO touchscreen applications