The supply and demand balance in the US helium market is still causing concerns as the new year gets underway – and the end is not yet in sight for this volatile market.
Rather than turning a corner, instead there is a growing consensus that North America will have to become a net importer in the next few years to meet demand, which will shake up the current landscape.
A year of supply constraints, shipping pressures and rising prices – coupled with wars and accidents, healthcare challenges and soaring semiconductor demand – have created a perfect storm for operators grappling with Helium Shortage 4.0. And while the tight market probably reached a pressure peak in the first half of 2022, shortages still persist without a clear endpoint.
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