It is forecast that the price of the rare earth oxide (REO) gadolinium will be 187,500 Renminbi per metric ton in 2030. Prices of the REO have been fairly volatile during the 2010s, with the 2011 price of nearly 390,000 Renminbi per metric ton decreasing to less than 70,000 Renminbi per metric ton in 2016. However, prices seem to have stabilized since then, with a gradually increasing trajectory forecast for 2021 through 2030.
There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.
Gadolinium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per metric ton)*
*The figure for 2021 is estimated. The figures from 2022 on are forecasts.
This statistic has been assembled using several editions of the report.
One Renminbi equaled some0.15321 U.S. dollars as of December 31, 2020.
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Stormcrow. (March 8, 2021). Gadolinium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per metric ton)* [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1116368/global-reo-gadolinium-oxide-price-forecast/
Stormcrow. "Gadolinium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per metric ton)*." Chart. March 8, 2021. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1116368/global-reo-gadolinium-oxide-price-forecast/
Stormcrow. (2021). Gadolinium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per metric ton)*. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1116368/global-reo-gadolinium-oxide-price-forecast/
Stormcrow. "Gadolinium Oxide Price Worldwide from 2011 to 2020 with a Forecast for 2021 to 2030 (in Renminbi per Metric Ton)*." Statista, Statista Inc., 8 Mar 2021, https://www.statista.com/statistics/1116368/global-reo-gadolinium-oxide-price-forecast/
Stormcrow, Gadolinium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per metric ton)* Statista, https://www.statista.com/statistics/1116368/global-reo-gadolinium-oxide-price-forecast/ (last visited November 26, 2024)
Gadolinium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per metric ton)* [Graph], Stormcrow, March 8, 2021. [Online]. Available: https://www.statista.com/statistics/1116368/global-reo-gadolinium-oxide-price-forecast/