The price of the rare earth oxide holmium oxide decreased considerably between 2011 and 2020, and is forecast to further decrease until 2030. In 2011, the price of holmium oxide was 1,880 renminbi per kilogram, and sank to 402.1 renminbi per kilogram in 2020. By 2030, the price of holmium oxide is forecast to be 250 renminbi per kilogram.
There are 17 rare earth elements and although they are fairly abundant in the Earth's crust, often they occur at sparse intervals are are less economically exploitable.
Holmium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030
(in renminbi per kilogram)
*The figure for 2021 is estimated. The figures from 2022 on are forecasts.
This statistic has been assembled using several editions of the report.
One Renminbi equaled some0.15321 U.S. dollars as of December 31, 2020.
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Stormcrow. (March 8, 2021). Holmium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1116371/global-reo-holmium-oxide-price-forecast/
Stormcrow. "Holmium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram)." Chart. March 8, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1116371/global-reo-holmium-oxide-price-forecast/
Stormcrow. (2021). Holmium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1116371/global-reo-holmium-oxide-price-forecast/
Stormcrow. "Holmium Oxide Price Worldwide from 2011 to 2020 with a Forecast for 2021 to 2030 (in Renminbi per Kilogram)." Statista, Statista Inc., 8 Mar 2021, https://www.statista.com/statistics/1116371/global-reo-holmium-oxide-price-forecast/
Stormcrow, Holmium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram) Statista, https://www.statista.com/statistics/1116371/global-reo-holmium-oxide-price-forecast/ (last visited December 21, 2024)
Holmium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram) [Graph], Stormcrow, March 8, 2021. [Online]. Available: https://www.statista.com/statistics/1116371/global-reo-holmium-oxide-price-forecast/