Helium Market Braces for Surplus as New Sources Boost Supply
The global helium market is experiencing a significant shift, moving from a shortage in 2022 to an expected surplus in the coming years. New large sources of helium, such as those in Tanzania and Kazakhstan, are set to come online, potentially disrupting the news and driving down prices in the stock market today.
Messer Helium Cliffside (MHC) is acting as a stabiliser, storing excess production and preventing a sudden glut. Other major players like Air Liquide, Air Products, and Linde also have storage facilities to manage the surplus. However, the abundance of helium is putting downward pressure on prices and forcing the storage of take-or-pay product.
Intelligas forecasts a worldwide helium supply surplus for the foreseeable future. If the planned large new sources in Tanzania and Kazakhstan come onstream as scheduled, the surplus will continue. In 2025, worldwide helium supply is expected to be about 6.5 billion cubic feet, outstripping demand projected at around 6.0 billion cubic feet. Despite a projected demand growth of about 2.5% per year over the next five years, the supply is expected to remain in surplus.
The helium market is bracing for a surplus, with new sources in Tanzania and Kazakhstan set to boost supply. While demand is projected to grow, it may not keep pace with the increased supply, potentially driving down prices and reshaping the market landscape in the stock market today.
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