Germanium Price Trend

Germanium Price Trend, Index and Forecast

Track the latest insights on germanium price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Germanium Prices Outlook Q2 2025

• USA: US$ 2,564,600/MT
• China: US$ 2,443,600/MT
• Germany: US$ 2,614,700/MT
• Taiwan: US$ 2,404,000/MT
• United Kingdom: US$ 2,507,700/MT

Germanium Price Chart

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During the second quarter of 2025, the germanium prices in the USA reached 2,564,600 USD/MT in June. As per the germanium price chart, despite supply challenges, demand for germanium remained robust, particularly from the semiconductor and defense sectors. Besides, China, the world's leading producer of germanium, imposed a complete export ban to the US in retaliation for American semiconductor-related restrictions, influencing prices.

During the second quarter of 2025, the germanium prices in China reached 2,443,600 USD/MT in June. The sharp decline in China's germanium exports directly influenced prices due to the significant supply shock in the market. While rare earth exports rebounded in May after a deal between the US and China, germanium remained under strict control, with no sign of a quick resolution. This imbalance, where rare earth exports recovered while germanium did not, further inflated the mineral's value.

During the second quarter of 2025, germanium prices in Germany reached 2,614,700 USD/MT in June. The semiconductor industry, bolstered by initiatives like the EU's investment in broadband infrastructure, significantly increased demand for germanium. These initiatives aimed to enhance domestic capabilities and reduce reliance on external sources, thereby influencing market dynamics. Besides, Germany's reliance on imports for germanium, primarily from China, faced challenges due to China's export restrictions.

During the second quarter of 2025, the germanium prices in Taiwan reached 2,404,000 USD/MT in June. Sustained high demand from the electronics and semiconductor sectors, particularly driven by advancements in AI and high-performance computing applications, influenced pricing trends. Moreover, geopolitical tensions, including the US tariff threats and Taiwan's export restrictions, added uncertainty to the supply chain.

During the second quarter of 2025, the germanium prices in the United Kingdom reached 2,507,700 USD/MT in June. Germanium prices in the United Kingdom experienced significant volatility, influenced by a combination of supply constraints and elevating demand from high-tech industries. The electronics industry relied heavily on germanium for manufacturing high-performance components like infrared optics and transistors. Hence, the growing adoption of technologies requiring these components contributed to the increased demand.

Germanium Prices Outlook Q4 2024

• United States: US$ 2,443,000/MT
• Taiwan: US$ 2,320,000/MT
• England: US$ 2,427,000/MT

During Q4 2024, the germanium prices in the United States reached 2,443,000 USD/MT in December. Germanium prices in the U.S. rose as semiconductor demand increased, driven by the expanding 5G infrastructure. Supply constraints worsened due to China’s export restrictions, despite Canada’s limited contribution. Rising shipment costs further impacted availability. Manufacturers focused on recycling and long-term agreements to mitigate risks amid geopolitical uncertainties and logistical disruptions.

In Q4 2024, germanium prices in Taiwan reached 2,320,000 USD/MT in December. Taiwan’s germanium market faced logistical disruptions due to severe weather, impacting logistics early in the quarter. Electronics and semiconductor demand remained high. Although, the automobile industry saw fluctuating demand. China’s export restrictions later in the year escalated procurement expenses, boosting financial stress on producers, while telecommunications and renewable energy maintained steady consumption.

During Q4 2024, germanium pricing in England reached 2,427,000 USD/MT in December. Germanium demand in England remained strong, fueled by the expansion of the country's fiber optic industry and growing semiconductor uses. Supply issues arose from China’s export limitations and high shipment costs, increasing manufacturing expenses. While commercial engineering along with construction remained robust, residential sectors faced slowdowns. Strategic stockpiling helped stabilize availability, but price pressures persisted due to ongoing supply constraints.

Germanium Prices Outlook Q3 2024

• United States: US$ 22,85,000/MT
• China:US$ 21,47,060/MT
• Germany: US$ 22,64,000/MT

During Q3 2024, the germanium prices in the United States reached 22,85,000 USD/MT in September. The country saw strong price growth due to rising demand from semiconductors, solar, and electric vehicles. Export controls and production constraints worsened supply shortages. Despite plant shutdowns, market sentiment remained positive, with notable price surges in the second half. The quarter closed with sustained upward price momentum, signaling continued market strength.

During Q3 2024, germanium rates in China witnessed sharp price increases. The quarter ended with germanium priced at 21,47,060 USD/MT in September. China’s product market is driven by rising semiconductor demand and strict export restrictions. Supply limitations from regulatory shutdowns and speculative trading fueled price instability. The latter half of the quarter saw stronger gains, reinforcing China’s role in shaping global germanium pricing trends amid tightening market conditions and ongoing trade challenges.

During Q3 2024, germanium rates in Germany saw price surges. The quarter ended with Germanium priced at 22,64,000 USD/MT in September. The surge in this quarter was due to strong industrial demand and global supply constraints. Semiconductor and telecommunications growth intensified price pressure, while plant shutdowns added to supply disruptions. The quarter ended on a bullish note, with prices reflecting sustained demand momentum, reinforcing Germany’s critical position in the European market.

Germanium Prices Outlook Q2 2024

• United States: US$ 1,802,000/MT
• Taiwan: US$ 1,605,500/MT
• Germany: US$ 1,747,700/MT

The germanium prices in the United States for the second quarter of 2024 reached 1,802,000 USD/MT in June. The region saw significant growth due to rising demand and tariffs on critical imports. In addition, the increased efforts to bolster domestic supply and lowered reliance on foreign sources kept market sentiment positive. Along with this, geopolitical tensions and seasonal influences further tightened supply, boosting the upward trend of prices throughout the quarter.

The price trend for germanium in Taiwan for Q2 2024 settled at 1,605,500 USD/MT in June. The market saw marked germanium price increases, with strong demand from the semiconductor sector and supply issues tied to Chinese export restrictions. This bullish pricing trend underscores Taiwan's key role in global germanium supply, as constrained availability led to a steady price rise over the previous quarter.

In Germany, the germanium prices for Q2 2024 reached 1,747,700 USD/MT in June. The market saw notable price hikes with demand fueled by industries like automobile and electronics. Along with this, regulatory shifts, energy expenses, and reduced imports from China sustained the upward trend. The introduction of favorable policies also encouraged local sourcing, although supply constraints kept prices elevated through the quarter.

Germanium Prices Outlook Q4 2023

• United States: US$ 1,454,581/MT
• China: US$ 1,391,182/MT
• Germany: US$ 1,429,445/MT

The price of germanium in the United States for Q4 2023 reached 1,454,581 USD/MT in December. Extensive trend analysis uncovered intricate relationships and seasonal trends, offering valuable perspectives on market flexibility. Prices showed strong trade fundamentals during the previous year, as seen by rising market activity and new purchases. These dynamics demonstrate how flexible the market is in response to shifting circumstances and shifts in demand.

In China, germanium prices underwent notable fluctuations, highlighting its significance in the market. Detailed trend analyses revealed complex correlations and seasonal trends, reflecting the adaptability of the market. The Q4 2023 germanium price was 1,391,182 USD/MT in China.

Germany’s germanium prices in the Q4 2023 reached 1,429,445 USD/MT. Significant price variations in Germany demonstrated their impact on the dynamics of local markets. A thorough examination revealed minute patterns, associations, and seasonal variations, providing an all-encompassing comprehension of market fluctuations. These observations highlight how dynamic the market is and how sensitive it is to many factors that affect supply and demand.

Regional Coverage

The report provides a detailed analysis of the 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 FOB and CIF prices, as well as the key factors influencing the germanium prices.

Global Germanium Price Trend

The report offers a holistic view of the global germanium pricing trends in the form of germanium 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 levels but also provides insights into historical price of germanium, 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 germanium 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 Germanium Price Trend

Q2 2025:

In response to supply uncertainties, some European companies and governments engaged in strategic stockpiling of germanium. This proactive approach aimed to mitigate potential shortages and stabilize supply chains, further tightening the market and contributing to price hikes. Besides, the demand for germanium remained robust, driven by its critical applications in semiconductors, fiber optics, and infrared optics. The expansion of 5G networks, advancements in defense technologies, and the increasing adoption of electric vehicles in Europe heightened the need for germanium, supporting higher prices. Moreover, logistical challenges, including transportation bottlenecks and infrastructure issues, compounded supply constraints. These disruptions delayed deliveries and elevated costs, exerting upward pressure on germanium prices.

Q4 2024:

The European germanium market saw a pronounced price surge in the last quarter of 2024, fueled by high consumption in critical industries and restricted international supply. The European Union's emphasis on securing alternative sources strengthened market flexibility against China’s leading influence. As part of this strategy, manufacturing expansions and strategic hoarding helped stabilize supply chains, although regulatory impacts and export restrictions continued to pose challenges. In the United Kingdom, product consumption remained strong, particularly in fiber optics, semiconductors, and renewable energy uses. The country's aggressive fiber network expansion along with the international shift toward sustainable technologies amplified demand. Although, logistical bottlenecks caused by elevated shipment prices coupled with lower refining capabilities constrained supply, increasing manufacturing expenses for manufacturers. In spite of economic challenges, the commercial engineering and construction sectors in the UK remained robust, counterbalancing weaker performance in the residential segment. The tight balance between supply and demand sustained elevated price levels, emphasizing the strategic role of Germanium in Europe’s high-tech industries.

Q3 2024:

European germanium prices saw major increases throughout Q3 2024, as supply disruptions and strong industrial demand fueled a bullish market. The region faced challenges related to global supply constraints, compounded by logistical interruptions and regulatory policies limiting exports. Key industries—including automobile, semiconductor, and telecommunications—drove demand, further tightening market availability. Germany saw the most significant price hikes within the area, with a substantial hike between the two halves of Q3. Market sentiment remained positive despite sporadic plant shutdowns and production challenges. The overall pricing trend indicated sustained demand momentum, reinforcing expectations of continued upward movement.

Q2 2024:

The market for germanium in Europe witnessed a robust price hike in Q2 2024, shaped by regulatory shifts and supply disruptions. Moreover, the establishment of supportive laws that aimed to support local manufacturing added to this trend, although the industry experienced restrictions from reduced exports from China and geopolitical issues, impacting trade. Furthermore, alloy surcharges and volatility in energy price contributed to the upward momentum. Germany, with notable price shifts, saw increased product consumption in the expanding electric and automobile industries. Additionally, seasonal trends and hiked industrial performance in the latter half of the quarter drove prices further, with energy costs amplifying raw material price growth. Overall, Europe maintained a positive market sentiment, heavily influenced by policy and supply factors.

Q4 2023:

The European germanium market exhibited resilience and stability, attributed to an uninterrupted supply chain with no reported plant shutdowns. An analysis of pricing dynamics revealed nuanced shifts between the first and second halves of the quarter. This comprehensive examination underscores the adaptability of the market and highlights key factors shaping its trajectory, providing valuable insights into the European germanium landscape during this period.

This analysis can be extended to include detailed germanium price information for a comprehensive list of countries.

North America Germanium Price Trend

Q2 2025:

As evident by the germanium price index, strong demand from both industrial and retail sectors led to a slight increase in germanium prices. However, elevated domestic production in Canada and the US eased supply concerns, leading to a reduction in prices. Besides, an improving interest in healthy cooking oils contributed to the rising demand for germanium. Consumers' shifting preferences towards plant-based and natural products played a role in the gradual hike in germanium consumption, thus affecting prices.

Specific germanium prices and historical data within the United States and Canada can also be provided.

Q4 2024:

In Q4 2024, North America witnessed a substantial rise in germanium prices, reflecting intensified consumption across vital sectors and consistent logistical challenges. The semiconductor sector, led by expanding data centers and the continued deployment of 5G networks, significantly contributed to this surge. Renewable energy also played a crucial role in increasing demand, amplifying pressure on already strained supply chains. Meanwhile, China’s restrictive policies on rare earth exports created additional hurdles, exacerbating global shortages and driving prices higher. Within the United States, trade limitations from China and soaring shipment expenses intensified supply concerns. However, Canada’s production capacity remained insufficient to meet rising domestic demand. The commencement of semiconductor production further fueled the need for the product, with aerospace and defense industries also registering strong consumption. To manage risks, producers sought logistical agreements for the long-term and emphasized recycling efforts, reinforcing the industry’s vulnerability to geopolitical tensions and supply chain constraints.

Q3 2024:

The North American germanium market saw a sharp price hike in Q3 2024, driven by robust demand across key industries and supply-side constraints. Increased consumption from the semiconductor, automobile and renewable energy industries has fueled the market surge, with solar expansion and EV adoption playing a central role. Additionally, semiconductor manufacturing has accelerated demand, adding further strain to limited supplies. Export restrictions and production challenges have exacerbated the supply crunch, leading to sustained price increases. In the United States, the most pronounced price movements were recorded, with a double-digit rise observed in the two halves of Q3. Market sentiment remained largely positive despite plant shutdowns and supply chain disruptions. The pricing trajectory suggests continued demand momentum, reinforcing a strong outlook for the region.

Q2 2024:

In North America, the price for germanium rose sharply during Q2 2024, influenced by a mix of demand drivers and policy changes. Moreover, heightened interest in germanium for renewable energy applications and modern electronics coincided with government initiatives to bolster local supply. Furthermore, increased mining fundings and expansions in processing infrastructure added to an optimistic market outlook. Freight costs and logistical delays also exacerbated supply shortages, pushing prices up. The United States, witnessing the most notable increases, saw impacts from proactive efforts to reduce foreign reliance and critical minerals tariffs. Besides this, seasonal factors and geopolitical tensions contributed to ongoing supply gaps, sustaining upward price trends across the region.

Q4 2023:

The Germanium market in North America had major fluctuations in Q42023, influenced by many variables. Its strength was highlighted by rising fresh market purchases and strong trade fundamentals. Despite a small 3% change in prices from the prior quarter, the market showed flexibility in response to changing circumstances. This summary captures the complex characteristics that characterize the germanium market in North America in the last quarter of 2023.

Specific germanium historical data within the United States and Canada can also be provided.

Middle East and Africa Germanium Price Trend

Q2 2025:

The report explores the germanium trends and germanium chart 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.

The report explores the germanium 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 germanium prices for countries can also be provided.

Asia Pacific Germanium Price Trend

Q2 2025:

The sharp drop in China's exports of germanium had a significant impact on pricing in the Asia Pacific region. As the largest miner and refiner of both elements, China’s actions, combined with the crackdown on smuggling and transshipment, led to a disruption in the supply chain that was felt across industries that rely heavily on these minerals. Companies dependent on germanium for manufacturing solar panels, fiber optics, and other technologies faced significant cost increases and disruptions in their operations, especially given the critical role that germanium plays in these sectors. Moreover, countries like Japan and South Korea, which import large quantities of germanium for use in high-tech products and solar cells, were directly affected by this supply squeeze.

Q4 2024:

During Q4 2024, the price of germanium in Asia Pacific experienced sharp growth, primarily due to China’s export restrictions and deliberate stockpile reductions. These supply-side constraints coincided with strong demand from industries reliant on renewable energy, semiconductors, and fiber optics. China’s tighter regulations on rare metal exports placed further strain on regional procurement, pushing prices upward. Taiwan faced specific supply chain disruptions, as severe weather during October delayed shipments and port performance. Nonetheless, the electronics and semiconductor industries maintained steady demand. The automobile industry, however, showed volatility, with unstable vehicle sales impacting Germanium consumption. As export restrictions from China intensified toward December, procurement expenses surged, putting more financial stress on producers. In spite of these constraints, demand remained stable in sectors such as telecommunications and renewable energy, underscoring the critical importance of the product to Taiwan’s technology-driven economy.

Q3 2024:

The APAC germanium market experienced a sharp price surge in Q3 2024, primarily impacted by geopolitical factors, trade policies, and booming demand from the semiconductor sector. Supply challenges, exacerbated by export controls and production disruptions, strict international availability, driving prices higher. China saw the highest pronounced fluctuations. The country’s export limitations intensified price volatility, reflecting strong domestic consumption in semiconductor manufacturers. The market saw a sharp uptick in prices, particularly in the latter half of the quarter, due to supply limitations resulting from regulatory shutdowns and environmental policies. Speculative trading also played a role in price fluctuations, as market participants anticipated continued supply shortages.

Q2 2024:

In Asia Pacific, the prices for germanium climbed majorly in Q2 2024, spurred by strong consumption in the semiconductor sector and ongoing supply challenges. In addition to this, limitations in export activities and trade policies that resulted in tight supplies, in light of geopolitical tensions, disrupted the established logistic channels. Moreover, programmed production pauses and transportation bottlenecks added to these pressures, amplifying price surges. Taiwan, with the highest price shifts, displayed a bullish trend driven by its essential role in the germanium market across the globe. Additionally, rising rates highlighted restricted supply due to Chinese controls on export, causing a pronounced hike quarter-over-quarter.

Q4 2023:

The germanium market in Asia Pacific showed a complex environment in Q42023, driven by many variables. Uninterrupted market operations maintained the bullish trend due to the lack of announced plant shutdowns. This overview delineates the multifaceted dynamics shaping the Asia Pacific germanium market in the conclusive quarter of 2023.

This germanium price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Germanium Price Trend

Q2 2025:

Latin America's germanium market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in germanium prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the germanium price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing germanium pricing trends in this region.

The analysis of germanium 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.

Germanium Price Trend, Market Analysis, and News

IMARC's latest publication, “Germanium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the germanium market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of germanium at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed germanium prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting germanium pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Germanium Industry Analysis

The global germanium market size reached USD 323.34 Million in 2024. By 2033, IMARC Group expects the market to reach USD 456.24 Million, at a projected CAGR of 3.71% during 2025-2033.

• Germanium is a key component in the electronics industry owing to its superior semiconductor qualities. It has a tiny band gap that makes it simple for electricity to flow through, which makes it perfect for use in the production of integrated circuits (ICs), diodes, and transistors. These parts are essential in numerous electronic equipment, including satellites, sophisticated communication systems, computers, and cell phones. According to the India Brand Equity Foundation (IBEF), the value of the domestic electronics industry of India increased US$ 101 billion in 2022–2023 and accounts for around 3.4% of the nation's GDP. The following six years will see the government distribute almost US$ 17 billion across four PLI schemes, including semiconductor and design, smartphones, information technology (IT) hardware, and components.
• Germanium dioxide is used in the core of fiber optic cables, enhancing the refractive index of glasses and enabling efficient signal transmission over long distances. This is crucial in the deployment of 5G and high-speed broadband technologies, as well as other internet and telecommunications networks. With an expected CAGR of more than 10% from 2020 to 2027, fiber optic cable utilization increased by 8.1% in the first half of 2022, as stated by the U.S. International Trade Commission. This rise was driven by expanding broadband, data centers, and 5G investments. China accounts for 46% of the cables produced globally, while the US is the biggest importer, bringing in 21% of the total imports worldwide.
• The rising employment of germanium in renewable energy technology, particularly in solar power generation, is bolstering the market growth. Germanium is a substrate material used in the fabrication of solar cells with high efficiency. It is especially helpful in multi-junction photovoltaic cells, which are more effective than conventional silicon cells in converting sunlight into energy by absorbing a wider spectrum of the radiation of the sun. Moreover, the International Energy Agency (IEA) stated that solar photovoltaic (PV) generation increased by 270 TWh in 2022, marking a remarkable 26% increase, totaling nearly 1,300 TWh. This growth represented the largest absolute generation increase among all renewable technologies in 2022.

Germanium News

The report covers the latest developments, updates, and trends impacting the global germanium industry, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in germanium production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the germanium price trend.

Latest developments in the germanium industry:

• In September 2023, Umicore EOM collaborated with RENA Technologies to integrate RENA's ACE inception wafer processing solution, marking an advancement in germanium (Ge) wafer development for space solar cells.
• In May 2024, Umicore and STL1 signed a long-term partnership to refine germanium from the Big Hill tailings in Lubumbashi, DRC, using Umicore's expertise. The collaboration will optimize STL's new processing facility and secure a steady germanium supply for high-tech applications.
• In May 2024, Applied Materials and Soitec formed a strategic partnership to develop germanium-on-insulator (GeOI) and related Ge-based processes for advanced transistor performance. The collaboration combines Soitec's Smart Cut technology and Applied's Centura RP Epi system to enhance future-generation substrates.

Product Description

Germanium is a chemical element that falls into the metalloid category owing to its characteristics, which lie in between those of metals and nonmetals. It is extracted from ores containing sphalerite zinc and processed using several chemical procedures to get a high degree of purity, which is essential for its usage in optical and electronic applications. It is available in different forms, such as germanium dioxide (GeO2) and germanium tetrachloride (GeCl4).

It has semiconductor qualities that are essential for the electronic device downsizing process, which enables the creation of compact, dependable, and efficient electronics. Germanium-based fiber optics are used in telecommunications to provide high-speed data transfer over extended distances with little signal loss. It is also employed in infrared sensors and other optical applications in military and space technologies.

In addition, the infrared optical properties of germanium is employed in medical imaging systems to enable non-invasive diagnosis and treatment.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of germanium 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 germanium 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 germanium price charts ensure our clients remain at the forefront of the industry.