Gallium Prices

Current Gallium price: $2,807.63 per kg.

Price as of Oct 14 2026. 1 The price shown above is the retail price for private investors and is aligned with industry retail pricing. For bulk gallium purchases, whether for industrial use or investment, please contact us for a quotation.

Gallium price performance over time

Period Gallium price then Change to today
Current price $2,807.63/kg —
1 year $1,231.90/kg +127.91%
2 years $912.00/kg +207.85%
3 years $699.90/kg +301.15%
5 years $554.20/kg +406.61%
10 years $204.02/kg +1,276.15%

Gallium Historical Price Movement

Gallium prices are increasingly influenced by the strategic importance of this metal in modern electronics and the fragility of its global supply chain.

At today’s price of $2,807.63 per kg, gallium is up 62.99% year to date, up 198.53% since the start of 2025, up 271.48% since the start of 2024, and up 841.53% since the start of 2020, when the gallium price stood at $298.20 per kg.

This reflects gallium’s importance in semiconductors, LEDs, photovoltaics, and advanced manufacturing, combined with a market where supply is constrained by by-product production, specialised refining, and China’s dominant role in global output.

Gallium annual price performance

Current Gallium
Price/kg
2026 YTD 2025 2024 2023 2022 2021 2020
$2,807.63 62.99% 83.16% 24.44% 17.95% -1.23% 53.49% 41.75%

Gallium is a chemical element with the symbol Ga and atomic number 31. It is a soft, silvery metal, and elemental gallium melts just above room temperature at 29.76 °C (85.57°F).

To make an educated forecast on the price of gallium, let’s take a closer look at the uses of gallium, its production, and the key factors that will drive the cost of gallium in the future (jump to our forecast).

Gallium Uses

Gallium

Gallium

Gallium’s extraordinary physical and chemical properties make it essential to the modern tech economy, especially in semiconductors, power electronics, optoelectronics, and clean energy systems.

  • Semiconductors & Power Electronics:
    Gallium arsenide (GaAs) and gallium nitride (GaN) are two of its most critical compounds.

    • GaAs is widely used in high-frequency components, such as 5G base stations, radar, and satellite communications.

    • GaN has become the dominant growth driver, enabling next-gen power converters, EV fast chargers, and military RF systems. It’s prized for its energy efficiency and ability to operate at high temperatures and voltages.

  • Solar & Renewable Energy:
    Gallium is a key ingredient in thin-film photovoltaic cells, offering higher efficiency and flexibility than traditional silicon-based panels. Demand here is accelerating as governments expand solar capacity.

  • LEDs, Lasers & Displays:
    GaN is also the backbone of modern LED lighting, smartphone displays, laser diodes, and AMOLED technologies, all of which are seeing mass global adoption.

  • Defense, Aerospace & Nuclear:
    Gallium alloys are used in specialized applications like radiation-resistant components, neutron-absorbing materials, and high-performance thermal pastes. Its non-toxicity and thermal stability make it a safer alternative to mercury in medical and nuclear applications.

Where is Gallium Produced?

Gallium isn’t mined directly — it’s extracted as a by-product during the refining of bauxite (for aluminum) and zinc ores. While a handful of countries produce raw gallium, China dominates the global supply chain, accounting for over 95% of worldwide production.

The top producers are:

  • 🇨🇳 China: by far the largest supplier, both of raw and refined gallium

  • 🇩🇪 Germany: a key secondary producer in Europe

  • 🇰🇿 Kazakhstan: an emerging source via zinc processing

China’s control doesn’t stop at production. It also leads in refining capacity, making it the central player from raw extraction to finished high-purity gallium, a major strategic chokepoint for the West.

China monopoly in rare earths

What Factors Determine the Price of Gallium?

As with all metals, supply and demand ultimately set the price, but in gallium’s case, those forces are supercharged by geopolitics and rapid technological change.

On the demand side, gallium is indispensable for:

  • Power electronics (GaN chips in EVs and fast chargers)

  • 5G infrastructure (GaAs components)

  • Thin-film solar panels

  • LEDs, lasers, and defense systems

As global investment surges into electrification, AI, and renewables, gallium consumption is accelerating in lockstep.

Supply, however, remains highly concentrated and fragile. Gallium is not mined directly; it’s extracted as a by-product of aluminum and zinc refining. And over 95% of global gallium output comes from China, which not only produces the raw material but also controls the downstream refining and high-purity conversion.

This creates an inherently unstable market. Even minor shifts in Chinese policy, such as export bans, license restrictions, or stepped-up anti-smuggling enforcement (as seen in 2025), can trigger significant price movements globally.

In short, gallium’s price is shaped not only by what industries need, but by what China allows. For investors, understanding both the industrial fundamentals and the geopolitical backdrop is key to anticipating where prices may go next.

Gallium Price Forecast

Forecast last updated: .

At a glance

  • Price pulse: SMI’s gallium price is up 64.59% in 2026 as of October 5, after gaining 83.16% in 2025, 24.44% in 2024 and 17.95% in 2023 (see live table above).
  • Policy & geopolitics: China’s export licensing and targeted restrictions keep security of supply central to gallium’s investment case, even while the broad U.S.-specific restriction remains suspended.
  • Critical status (EU + U.S.): Gallium remains on the EU Critical Raw Materials list (CRMA now in force) and is identified by the U.S. Department of Energy as a "critical material for energy."

What changed in 2026

  • Controls evolve: The December 2024 U.S.-specific restriction was suspended in November 2025, but licensing remains. China strengthened export enforcement in 2026 and introduced further restrictions involving military end uses and named overseas entities.
  • Supply response advances: Alcoa’s Australian project is under construction and ATALCO’s U.S. pilot is undergoing testing. METLEN plans commercial production from its 50-tonne-a-year Greek facility in Q3 2027, with ramp-up still ahead.
  • Policy becomes practical: U.S. critical-minerals reserve financing and the EU’s raw-materials matchmaking mechanism reinforce policy attention to secure supply and encourage diversification.

What this means for Gallium

  • Strategic value, choppy prices: Concentrated supply and essential applications underpin a constructive outlook. Pullbacks can happen during electronics downcycles, while export approvals can move availability and prices in either direction.
  • Time lag on new supply: Western recovery (alumina/zinc by-product) and recycling are advancing. Announced capacity must translate into reliable output at the required purity and meet industrial customers’ specifications.

Price drivers tilting upward

  • Geopolitics-as-mechanism: Export licensing, targeted restrictions and scrutiny of diversion keep supply chains exposed to policy changes, encouraging industrial buyers to seek dependable sources.
  • Semiconductors and advanced electronics: Gallium-based compounds like GaN and GaAs underpin next-generation semiconductors used in power electronics and RF systems, from fast chargers and EV on-board chargers to communications networks and defense radar. New GaN products for AI servers broaden the opportunity.
  • Policy pull (EU & U.S.): The CRMA’s 2030 processing/recycling benchmarks and U.S. critical-minerals initiatives support investment in secure supply. Strategic procurement could add demand as projects gradually diversify production.

Potential headwinds to watch

  • Macro softness in electronics (short-cycle demand risk).
  • Easier trade flows or increased Chinese availability could narrow Western premiums and trigger price corrections.
  • Successful new supply, substitution and improved material efficiency could moderate scarcity, particularly as projects progress through commissioning and ramp-up.

6–12 month gallium forecast view

Bias: Moderately bullish
Rationale: Strong SMI price performance, concentrated supply and continuing licensing uncertainty support the near-term case. Policy easing or improved shipments could bring sharp pullbacks, while early non-Chinese output will need to demonstrate dependable scale.

12–24 month forecast view

Bias: Moderately bullish (with volatility)
Rationale:

  • Tightness can persist as new facilities move through commissioning and ramp-up; periodic policy shocks can still spark price spikes.
  • Demand opportunities broaden across power electronics, defense, communications and renewable-energy systems, although growth will vary between applications.
  • Western gallium recovery and recycling projects are advancing. Successful production could ease premiums, but ramp-up, purity requirements and economic viability remain important uncertainties.

3–5 year forecast view

Bias: Constructively bullish
Rationale:

  • Structural demand: Electrification, efficient power conversion and advanced communications support gallium’s long-term relevance. Adoption, material intensity and recycling will shape metal demand.
  • China’s processing advantage: China’s established recovery and refining ecosystem remains difficult to replicate quickly. Diversification requires investment and accumulated operating expertise.
  • Diversification arc: Expect more alumina/zinc by-product recovery and recycling in the West. Reducing reliance on China takes sustained investment; successful diversification could moderate scarcity premiums.

Why physical Gallium fits the Strategic Metals Invest playbook

  • Critical status on both sides of the Atlantic: EU CRMA + U.S. DOE "critical materials" framing cement gallium’s strategic importance and reinforce the commercial value of dependable supply.
  • Concentrated production + export controls: China accounts for around 99% of primary low-purity gallium production. Export controls and this concentration support the case for securely held physical metal with verified purity and a documented supply chain.
  • Human-capital bottleneck: Rebuilding non-China capacity isn’t just about capex; it’s about talent. DOE identifies shortages in U.S. critical-minerals processing skills. Reliable gallium production also demands accumulated process know-how, consistent purity and customer qualification, capabilities that take time to build.
Austrian Federal Ministry explaining 4.5 gallium will be needed for the planned expansion of renewable energies

How to Buy Gallium

Gallium is sold at 99.99 percent purity, priced in USD, and the weight unit is per kilogram. Anyone, such as hobbyists, can buy small amounts of gallium on Amazon, Alibaba, or eBay. However, there is no guarantee of purity and no possibility of liquidation to anyone other than other hobbyists.

Corporate buyers such as LG, Nokia, Qualcomm, and Sony use well-established metal dealers to purchase industry-grade gallium. Reputable metals dealers, such as ourselves, act as key intermediaries between the high-tech industries and the producers of the critical raw materials for these industries.

Any discerning investors who want to benefit from future gallium price raises by buying and owning some gallium can do this through us, Strategic Metals Invest. When you purchase with us, you are purchasing from the only globally licensed industry supplier that offers this option to private investors.

It is also possible to trade gallium futures contracts in the Shanghai Metal Market (SMM).

How to Sell Gallium

Please note that online marketplaces like Amazon, eBay, and Alibaba only attract hobbyists. The only end buyers for your industrial-grade gallium are industry buyers such as Tesla, Apple, Siemens, BMW, Ford, and US-DOD. These buyers will only purchase from reputable industry suppliers with the bona-fides to provide the complete chain of custody.

No industry buyer will entertain a seller without a full chain of custody, analysis reports, purity levels, and proper storage facilities. Only because we are an industry supplier can we guarantee the fast and safe liquidation of the strategic metals of our investors.

1 This price is based on the latest available industry-partner price for Gallium, dated Oct 12 2026. Prices may be carried forward until a newer market price becomes available. Currency conversions use the latest available ECB exchange rate.

Calculations on this page last updated Oct 14 2026.

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