Forecast of rare earth oxide holmium oxide price worldwide 2011-2030

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.