The current price of Indium is $584.70 per kg.

Please note that the price provided is the retail price for private investors and is aligned with industry retail pricing. For bulk purchases, whether investment or industry, please contact us for a quotation.

Table: Indium Historical Prices and Price Changes

DateIndium PriceChange % to TodayAnnual Change %
Apr 24 2024$584.70 / kg
Jan 1 2024$561.60 / kg+4.11%
Jan 1 2023$442.30 / kg+32.20%+26.97%
Jan 1 2022$477.10 / kg+22.55%-7.26%
Jan 1 2021$315.10 / kg+85.56%+51.41%
Jan 1 2020$315.11 / kg+85.55%0.00%
Jan 1 2019$428.61 / kg+36.42%-26.48%
Jan 1 2018$380.10 / kg+53.83%+12.76%

Indium Historical Price Movement

At today’s price of $584.70 per kg, indium has changed +4.11% since the start of 2024 and is up +32.20% since Jan 1st 2023. It increased +85.56% in value since Jan 1st 2021, and is up the same since Jan 1st 2020, when the cost of indium was $315.11 per kg. If we go back to Jan 1st 2018, when the price of indium was $380.10 per kg, the value change is +53.83%.

Indium is a rare, malleable, and easily workable metallic element with the atomic number 49 and the symbol In. It has a silvery-lustrous gray appearance and is considered one of the least abundant elements in earth’s crust.

Uncovering the various applications of indium and who produces it first helps us predict its future price more accurately (jump to the forecast).

Indium Uses


Indium is an essential and versatile element with various uses across many industries. Indium has put its unique properties to work in consumer electronics, industrial manufacturing, mining exploration, medical technology, metallurgy, and transportation. 

This rare metal is remarkably malleable for its density, which with its low melting point, makes it useful for soldering applications, such as microelectronics. Aerospace engineering and automotive manufacturing successfully use indium alloys.

Indium is also responsible for making glass transparent to certain light wavelengths, which makes it useful in LCD televisions, night-vision goggles, and other related technologies. Solar cells and smartphone displays also use indium sulfide. 

Its natural lubrication benefits make indium salts a viable option for cosmetics and protective coating for aircraft components. Its thermal properties also make it ideal for use in refrigerators and other cooling systems. 

Regarding medical applications, Indium-111 can be labeled with technetium-99m to help diagnose certain diseases in the body’s organs. Indium also plays an important part in cancer treatment because it can be inserted directly into tumors with radiation due to its low cost compared to alternative isotopes. Moreover, indium is biocompatible in many cases, making it useful for medical implants to prevent tissue invasion of foreign elements.

Its low reactivity makes indium an ideal choice as an inert atmosphere filler; its low vapor pressure also makes it a great preservative agent in vacuum systems or gas lines. Due to its softness and compressibility, indium is ideal for creating robust hermetic seals between metals or non-metallics like glass and ceramics. For example, indium can seal non-wettable surfaces in cryogenic applications, vacuum pumps, and heat-sensitive areas.


Where is Indium Produced?

Although a trace element found in many sources, indium is sourced mainly from zinc ores, which contain as little as 0.1 % of this rare element. The raw indium is separated from other metals using chemical processes, like liquidation and solvent extraction, and processed into a form suitable for use in industrial applications.

Today indium is mined in a number of countries around the world, such as China, Japan, Canada, Peru, and Mexico. According to the USGS Indium survey (2019), approximately 70% of indium comes from primary sources in China.

China monopoly in rare earths

What Factors Determine the Price of Indium?

Simply put, the law of supply and demand determines the price of indium (like it does with other commodities).

Indium has become a key asset for many industries. Increased demand for end products from those industries (e.g., smartphones, aircraft, or solar cells) would increase the demand for this prized commodity.

In terms of supply, indium is considered rare when considering its availability on earth. It makes up just one part per million of the earth’s crust, making it much less abundant than more common elements such as copper and aluminum.

Indium Price Forecast

With its remarkable capacity for strength and flexibility, indium has established itself as an invaluable component in a large variety of industries. Demand for products such as photovoltaic cells, smartphones, planes, cancer treatment devices, cars, and LCDs will continue to rise, especially with the growing middle class in emerging economies like China and India.

Its unique properties also mean that indium has many new yet undefined applications. Due to this, predicting long-term demand for indium is difficult as the possible industries using it have yet to be definitively known.

Only 920 metric tons of indium were produced worldwide in 2021, and it is on the “Critical Raw Materials List” in both the US (since 2018) and Europe (since 2020).

China has a dominant influence on the global supply of indium. After satisfying its own demand, it has the power to determine how much is exported elsewhere. This might become even more pronounced in light of China using export quotas on rare earths and strategic metals as leverage during trade disputes with other countries. China already started with export bans to the West on gallium and germanium in August 2023, a move that saw prices for these vital resources increase.

We expect the demand for indium to keep growing steadily while the supply will be constrained in short to medium term. The price of indium rose sharply in 2021 (+51%), with a small correction in 2022 (-7%) followed by another healthy increase last year (+27%). Our price forecast is optimistic in the medium and long term, and we see it as a valuable hard asset in a mixed rare earths & technology metals portfolio.


How and Where to Buy Indium

Businesses like Apple, Samsung, Boeing, and Tesla turn to globally licensed market metals dealers when they require indium. These trusted intermediaries are the connecting link between high-tech industries and the producers of rare earths & strategic metals that enable them to produce innovative results.

You can also purchase smaller amounts of this valuable metal through online platforms such as eBay, Alibaba, or Amazon. However, this is only a viable solution for hobbyists rather than for industry or investors.

Reputable metals dealers like ourselves offer full chain-of-custody verification guaranteeing quality purity (min. 99.995%). We also facilitate storage under ideal industrial conditions so discerning investors can ensure long-term security and success when buying this precious material as an investment.

Indium futures contracts are traded in the Shanghai Metal Market (SMM) too.

How and Where to Sell Indium

The only viable option for those wishing to offload industrial-grade indium is to use reputable industry suppliers. That’s because only they can provide the chain of custody documents and analysis reports needed by serious buyers like LG, General Motors, Hisense, and Honda.

If you bought some indium on an online marketplace, you’re only option is to sell it again to some other enthusiast on eBay, Amazon, or Alibaba. You will unlikely get market rates, making it challenging to realize profits from future price gains.

On the other hand, we can guarantee the safe and fast liquidation of the strategic metals of our investors at market rates because we’re an industry supplier. 

All prices on this page last updated Apr 24 2024.