It is forecast that the price of ytterbium oxide will amount to 100 renminbi per kilogram in 2030. In 2011 the price of the rare earth oxide ytterbium oxide was 567 renminbi per kilogram, but by 2020 the price decreased to 101 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.
Ytterbium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030
(in renminbi per kilogram)
Characteristic
Price in renminbi per kilogram
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*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 0.15321 U.S. dollars as of December 31, 2020.
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Stormcrow. (March 8, 2021). Ytterbium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1116373/global-reo-ytterbium-oxide-price-forecast/
Stormcrow. "Ytterbium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram)." Chart. March 8, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1116373/global-reo-ytterbium-oxide-price-forecast/
Stormcrow. (2021). Ytterbium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1116373/global-reo-ytterbium-oxide-price-forecast/
Stormcrow. "Ytterbium 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/1116373/global-reo-ytterbium-oxide-price-forecast/
Stormcrow, Ytterbium oxide price worldwide from 2011 to 2020 with a forecast for 2021 to 2030 (in renminbi per kilogram) Statista, https://www.statista.com/statistics/1116373/global-reo-ytterbium-oxide-price-forecast/ (last visited August 25, 2024)
Ytterbium 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/1116373/global-reo-ytterbium-oxide-price-forecast/