Tellurium Price History — 2000–2024

Year-by-year annual average price for tellurium in USD/kg, sourced from U.S. Geological Survey, Mineral Commodity Summaries 2025. Tellurium metal (99.99%+), byproduct of copper refining.

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Performance vs. prior periods

What drives Tellurium prices

Tellurium is critical for CdTe solar panels and thermoelectric devices. Its extreme rarity (rarer than gold) and complete dependence on copper refining by-product supply creates strategic risk. Demand is driven primarily by Cadmium telluride (CdTe) thin-film solar panels, Thermoelectric cooling and power generation, Bismuth telluride thermoelectrics. Supply is concentrated in China, Japan, Russia, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Tellurium prices.

What moved Tellurium prices, year by year

What moved Tellurium prices in 2024

Tellurium prices held roughly steady at $67 per USD/kg (2023 average: $67) in 2024.

What moved Tellurium prices in 2023

Tellurium prices fell -4.3% from 2022's $70 per USD/kg to $67 per USD/kg in 2023.

What moved Tellurium prices in 2022

Tellurium prices rose +7.7% from 2021's $65 per USD/kg to $70 per USD/kg in 2022. That was the highest 2022 reading in 9 years.

What moved Tellurium prices in 2021

Tellurium prices rose +12.1% from 2020's $58 per USD/kg to $65 per USD/kg in 2021. That was the highest 2021 reading in 8 years.

What moved Tellurium prices in 2020

Tellurium prices fell -3.3% from 2019's $60 per USD/kg to $58 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 Tellurium Prices (2000–2024)

YearAverage Price (USD/kg)YoY Change
2024$67+0.0%
2023$67-4.3%
2022$70+7.7%
2021$65+12.1%
2020$58-3.3%
2019$60+9.1%
2018$55+22.2%
2017$45+12.5%
2016$40-27.3%
2015$55+0.0%
2014$55-8.3%
2013$60-66.7%
2012$180-60.0%
2011$450+400.0%
2010$90+50.0%
2009$60-45.5%
2008$110+83.3%
2007$60+71.4%
2006$35+40.0%
2005$25+108.3%
2004$12+20.0%
2003$10+25.0%
2002$8.00-20.0%
2001$10-28.6%
2000$14

Source: U.S. Geological Survey, Mineral Commodity Summaries 2025. Tellurium metal (99.99%+), byproduct of copper refining

Frequently Asked Questions

What is the current tellurium price?

The most recent annual average we track is $67 per USD/kg for 2024. Live spot prices are shown on the Tellurium live-price page.

How has the tellurium price changed in the last year?

up +0.0% — from $67 per USD/kg in 2023 to $67 per USD/kg in 2024.

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

up +11.7% — from $60 per USD/kg in 2019 to $67 per USD/kg in 2024.

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

up +21.8% — from $55 per USD/kg in 2014 to $67 per USD/kg in 2024.

What drives tellurium prices?

Tellurium is critical for CdTe solar panels and thermoelectric devices. Its extreme rarity (rarer than gold) and complete dependence on copper refining by-product supply creates strategic risk. Demand is driven primarily by Cadmium telluride (CdTe) thin-film solar panels, Thermoelectric cooling and power generation, Bismuth telluride thermoelectrics. Supply is concentrated in China, Japan, Russia, so output disruptions or trade-policy shifts in those countries are the main long-run drivers of Tellurium prices.

What was the highest tellurium annual average price?

The highest annual average tellurium price in our recorded series was $450 per USD/kg in 2011.

Where do these tellurium prices come from?

U.S. Geological Survey, Mineral Commodity Summaries 2025. Tellurium metal (99.99%+), byproduct of copper refining