Strontium Carbonate Price Trend and Forecast

Strontium Carbonate Regional Price Overview

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

Strontium Carbonate Price Trend for Q1 of 2025

The Strontium Carbonate market displayed modest fluctuations throughout the first quarter of 2025, with regional variations influencing overall price dynamics.
 

Strontium Carbonate Price Chart

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In Asia, prices began the quarter with a slight downward trend, influenced by increased production output from major Chinese manufacturers. Factory prices in China hovered within established ranges as producers maintained steady operational rates despite some market uncertainty. By mid-quarter, prices stabilized as procurement activities from electronics and ceramics industries provided adequate demand support.

European markets experienced more notable price volatility during Q1'25. Initially, prices showed an upward trajectory due to supply constraints and increased freight costs. However, as the quarter progressed, prices gradually declined due to downstream industries adopting conservative purchasing strategies, primarily procuring based on immediate needs rather than stockpiling.

In North America, Strontium Carbonate prices remained relatively stable throughout the quarter, with only minor fluctuations reflecting global market trends. The balanced supply-demand fundamentals in the region helped maintain price equilibrium, with steady offtake from specialty glass and electronics manufacturers.

Analyst Insight

According to Procurement Resource, Strontium Carbonate prices are expected to continue operating within their current ranges in the coming months, with potential fluctuations largely dependent on downstream demand patterns and raw material cost variations.
 

Strontium Carbonate Price Trend for the Year 2024

Asia

In Asia, Strontium Carbonate prices experienced a steady trend throughout 2024, primarily driven by demand from the ceramics and glass industries. China, as the dominant supplier in the region, saw its production levels stabilize despite earlier fluctuations.

The market remained relatively balanced as local demand from both domestic manufacturers and export markets continued at a consistent pace. However, due to environmental regulations tightening in key production areas like China, costs associated with production increased, slightly influencing the overall price levels. The Indian market also contributed to the demand surge, although at a more moderate pace, keeping the price relatively stable.

Europe

In Europe, Strontium Carbonate prices faced upward pressure due to tighter supply conditions. Several European countries, especially those reliant on imports from Asia, experienced supply chain disruptions that led to brief periods of higher prices. The region's focus on reducing dependency on non-European suppliers, particularly in light of critical mineral shortages, contributed to increased import costs. Additionally, the European Union’s ongoing push to enhance sustainability and reduce environmental impacts led to stricter regulations on mining and production, which added further to production costs. However, demand remained stable, with industrial uses in glass manufacturing, especially in the automotive sector, driving steady consumption.

North America

In North America, Strontium Carbonate prices remained relatively stable through 2024. The market was influenced by a combination of domestic production efforts and the ongoing reliance on imports from Asia. The United States, in particular, saw increased interest in securing stable supply chains for rare earth materials, which included Strontium Carbonate. The energy transition and growth in the electronics and automotive sectors contributed to consistent demand. However, local production was still limited, and the region faced higher transportation costs, which added to overall price pressures.

Analyst Insight

According to Procurement Resource, the prices of Strontium Carbonate are expected to experience moderate fluctuations, influenced by changes in demand across key sectors and ongoing supply chain challenges.
 

Strontium Carbonate Price Trend for the Second Half of 2023

Asia

In the second half of 2023, the Strontium Carbonate market in Asia showed a generally stable price trend, driven by steady demand from industries such as ceramics, magnets, and fireworks. The production in China, a major supplier, faced some challenges due to environmental regulations and supply chain disruptions. However, despite these hurdles, prices remained relatively stable as local suppliers adjusted to maintain steady output. The overall demand in countries like India and Japan also remained consistent, with minor fluctuations depending on the specific industrial needs, such as the increased demand for strontium-based pigments and glass production.

Europe

In Europe, the price of Strontium Carbonate experienced moderate increases in the latter half of 2023. The rise in energy costs and the overall inflationary environment impacted the production costs, leading to higher prices. Furthermore, there was a stronger demand for high-quality strontium carbonate, especially in the ceramics and battery industries. The region also saw a growing push towards reducing reliance on imports, which encouraged local production. However, some European manufacturers struggled with the increasing operational costs, which reflected in the final product pricing.

North America

North America faced a somewhat similar trend to Europe, with prices of Strontium Carbonate gradually increasing. The United States and Canada experienced steady demand from the ceramics and glass industries, which kept prices stable throughout much of the second half of 2023. However, logistical challenges and the rising costs of raw materials led to some price adjustments. Moreover, the shift towards cleaner and more sustainable production practices in the region started to impact the availability and pricing of certain chemicals, including Strontium Carbonate, making it a bit more expensive for some sectors.

Analyst Insight

According to Procurement Resource, the Strontium Carbonate market may face continued price pressures due to ongoing supply chain disruptions, energy costs, and a growing demand for sustainable production methods. However, efforts to stabilize local supply chains and explore alternative production methods could help balance prices in the near future.
 

Strontium Carbonate Price Trend for the First Half of 2023

Strontium carbonate is derived from the mineral strontianite and is widely used in the ceramics industries as a flux material. It helps in lowering the melting point of the compounds and thus aids in the formation of pigments. The prices and availability of strontium carbonate are dependent on the performance of rare earth metals.

In the first two quarters of 2023, due to increased supply availability in China, the strontium carbonate market witnessed a gradual decline in its price trend. The price drops of non-magnetic rare earths were steeper and, in turn, adversely affected the market sentiments of strontium carbonate.

On the other hand, the production rates remained stable during this phase, with minor output increases anticipated in Myanmar and Laos. However, due to social and environmental problems, many production and mining plants faced disruptions that hampered the overall dynamics of the strontium carbonate market.

Analyst Insight

According to Procurement Resource, the prices of Strontium carbonate are estimated to struggle as the performance of downstream sectors and environmental restrictions on the production of strontium carbonate will prove to be a challenge for the upcoming months.

Procurement Resource provides latest prices of Strontium Carbonate. 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.