Cadmium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Cadmium Prices December 2023
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Product
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Category | Region | Price |
|---|---|---|---|
| Cadmium | Metals | USA | 4100 USD/MT |
In the fourth quarter of 2023, the price of cadmium in the United States reached 4100 USD/MT by December.
Cadmium Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Cadmium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of cadmium pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of cadmium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of cadmium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing cadmium price fluctuations, such as supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Cadmium Market Analysis
The global cadmium market size reached 23759 Tons in 2023. By 2032, IMARC Group expects the market to reach 34406.27 Tons, at a projected CAGR of 4.20% during 2023-2032.
- The extensive use of cadmium in the production of nickel-cadmium (NiCd) batteries is driving the growth of the market. These batteries are extensively employed in several applications, such as portable electronic devices, power tools, and emergency lighting, due to their durability and ability to operate under a wide range of temperatures.
- The increasing demand for cadmium in pigments for ceramics, glass, and plastic is contributing to the growth of the market. Cadmium compounds provide vibrant colors and high stability, making them valuable in the production of colored materials and coatings, particularly in the automotive and construction industries. According to the US Census Bureau, construction spending in the United States topped $2.1 billion in 2023. According to industry reports, multifamily residential construction rose by 18% in 2023 and is estimated to decrease by 7% to $131 billion in 2024. Home improvement spending increased by 1% in 2023. Office construction so an 8% increase in 2023 due to the need for Class A office space in major markets.
- The rising use of cadmium in the nuclear industry for control rods, which regulate the rate of fission in the nuclear reactors, is acting as a major growth-inducing factor. Cadmium telluride (CdTe) is used in thin-film solar panels, driving demand from the renewable energy sector as the focus on clean energy solutions increases. For instance, in April 2024, leading solar company First Solar and research institute ZSW announced a partnership to develop new technology for thin film solar PV. ZSW is a research institute with three decades of experience developing copper, indium, gallium, and diselenide thin-film solar technology. Meanwhile First Solar is a major player in thin-film solar PV technology, with manufacturing facilities in Ohio and California, in addition to another factory expected to be commissioned in the US Southeast in 2025.
Cadmium News
The report covers the latest developments, updates, and trends impacting the global cadmium market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the cadmium price trend.
Latest developments in the cadmium industry:
- In April 2024, Mitsui Mining and Smelting Co Ltd, Japan's biggest smelter plans, announced plans to produce 1,04,600 metric tons of refined zinc in the first half of the 2024/25 financial year, up 0.9% from the same period a year earlier.
- In January 2022, Energy Vault, Inc., the company developing sustainable, grid-scale energy storage solutions, announced a strategic partnership for renewable energy storage with Korea Zinc Co., Ltd., the global leader in non-ferrous metal smelting production, including a leading position in zinc, lead, silver, and rare metal Indium.
Product Description
Cadmium is a chemical element with the symbol Cd and atomic number 48. It is a soft, bluish-white metal that is chemically similar to zinc and mercury, and it often occurs as a byproduct of zinc ore processing. Cadmium is primarily used in the production of nickel-cadmium batteries, which are valued for their long life and stability. It also finds applications in pigments, coatings, and plating, as well as in various industrial processes, including the manufacturing of semiconductors and solar panels. Despite its utility, cadmium is highly toxic and poses significant health risks, such as kidney damage and bone fragility, if ingested or inhaled over long periods. Consequently, its use is regulated and monitored to minimize environmental and health impacts.
Regional Coverage
The report provides a detailed analysis of the cadmium market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the cadmium price trend.
Global Cadmium Price
The report offers a holistic view of the global cadmium pricing trends in the form of cadmium price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of cadmium but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed cadmium demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Cadmium Price
European cadmium prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed cadmium price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Cadmium Price
The analysis of cadmium prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific cadmium historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Cadmium Price
The report explores the cadmium pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on cadmium prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Cadmium Price
The cadmium pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This cadmium price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Cadmium Price
The analysis of cadmium prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Cadmium |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Cadmium Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
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| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of cadmium pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
- The study examines factors affecting cadmium price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The cadmium price charts ensure our clients remain at the forefront of the industry.
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