Algeria becomes third largest helium supplier to the US, surpassing China
via Algérie3603 min read
Algeria has emerged as a significant player in the global helium market, becoming the third-largest supplier to the United States between 2021 and 2024. During this period, Algeria supplied 10% of US helium imports, trailing Canada at 47% and Qatar at 28%, but surpassing China's 5%. This rise is attributed to increasing global demand, geopolitical shifts, and disruptions in traditional supply chains. The country holds the fourth-largest helium reserves globally, with approximately 8 billion cubic meters and an annual production of 11 million cubic meters. The state-owned company Sonatrach aims to further capitalize on this potential. The global helium market has experienced instability since February, driven by geopolitical developments in the Middle East and trade tensions between the US and China, leading to a 50% increase in helium prices. The halt of Qatari exports and reduced Chinese supply have prompted international buyers to seek new, stable sources, with Algeria benefiting from this reconfiguration. Algerian helium is a byproduct of natural gas extraction, providing a competitive advantage. Helium is a strategic resource critical for advanced industries such as semiconductor manufacturing, medical imaging, and artificial intelligence, which require large volumes for cooling and purification. Algerian authorities, including the President of the Republic, are focused on strengthening the country's presence in the international helium market.
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