PA (Protactinium) Price Trend and Forecast

PA (Protactinium) Regional Price Overview

Get the latest insights on price movement and trend analysis of PA (Protactinium) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Protactinium Price Trend for the First Half of 2024

In the first half of 2024, Protactinium prices demonstrated limited variations, influenced by a combination of supply constraints and shifting demand dynamics. Protactinium, a rare and highly radioactive metal, is crucial in advanced nuclear applications, particularly in the development of nuclear reactors and particle accelerators. Its industrial significance extends to research in nuclear physics and material science, where it plays a role in studying nuclear reactions and properties.
 

PA (Protactinium) Price Chart

Please Login or Subscribe to Access the PA (Protactinium) Price Chart Data
 

During this period, Protactinium's price fluctuations were driven by tight supply chains and disruptions in production, similar to trends observed in other strategic metals. Geopolitical tensions and logistical issues affected global trade, impacting the availability and pricing of this rare material. Despite these challenges, the metal's essential role in cutting-edge technology and energy solutions contributed to its sustained industrial relevance. As the market adjusts to these disruptions, Protactinium's pricing trajectory will likely continue to remain similarly wavering.

Analyst Insight

According to Procurement Resource, the protactinium market is likely to remain consolidated, since the area of its applicability is limited and the supply chains are also very narrow, the prices do not have much margin to show serious fluctuations.
 

PA (Protactinium) Price Trend for the Year 2023

Protactinium is one of the rarest earth metals that is found in the Earth’s crust in its original form. It belongs to the actinide series in the periodic table with atomic number 91. Protactinium is such a rare element that its average availability is estimated to be about some parts per trillion. The highest concentration in parts per million has been found with radioactive element ores like Uraninite ores in Zaire (Democratic Republic of Congo), Central Africa.

So due to such scarce presence and high toxicity along with its highly radioactive nature, Protactinium is not known to have any significant industrial applications but is only an element of scientific interest for research purposes. With such limited availability, Protactinium price trend do not have much scope to fluctuate with occasional or regional imbalances. With no known practical industrial application, the procurement queries are almost nil, but if required, Protactinium is one of the most expensive elements to procure.

Analyst insight

According to Procurement Resource, Protactinium prices are expected to remain high as it is one of the rarest earth metals, and with such scarce availability, the prices do not fluctuate much.

Procurement Resource provides latest prices of PA (Protactinium). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.