Helium prices have increased by over 40% from 2020 to 2022. Sources said that another 30 percent increase in prices is expected this year.
Helium gas is used as a cooling agent in the manufacture of sheets and panels. South Korean companies relied heavily on gas imported from the US. The country, which imported 1,133 tons in 2020, decreased to 680 tons in 2021 and 565 tons in 2022.
In general, the increase in prices is associated with an unfavorable exchange rate for purchases from abroad. Samsung and SK hynix may suffer the most.
Source: Ferra
