Forecast of rare earth oxide erbium oxide price globally 2011-2030

It is forecast that the price of erbium oxide will be 16 U.S. dollars per kilogram in 2030. The price of erbium oxide was 23 U.S. dollars per kilogram in 2020.

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.