Helium shortage shows no sign of reprieve

The national shortage of helium has continued throughout the festive season and into 2020, with toy chain Smyths Toys telling disappointed shoppers they cannot sell inflated helium balloons.

A sign which has been put up instore simply reads: “Due to a national helium shortage we are unable to blow up any balloons. We are sorry for any inconvience.”

The consumer press picked up on the national shortage in September, when Steve Durnford, director of family business Balloons of London, warned: “Prices just keep going up and up.”

At the time Phil Kornbluth, the founder of Kornbluth Helium Consulting, told the BBC that the ‘price has gone up an awful lot in a short space of time’.

“There’s no magic number” he said at the time, “but it’s safe to say the price has gone up by 50% to 100%, depending on who you are and where you are in the supply chain.”

More recently, further price increases have been reported throughout the party and balloon industry with expected price hikes of between 20 and 25% set to apply from early February.

MORE NEWS
Rubies Star Wars
 
The new preschool costume collection is designed to be the perfect galactic experience for little ones....
HCA Awards
 
The first annual Spooky Awards will be an industry celebration of innovation, creativity and all things Halloween. ...
Morphsuits
 
Founder of Morphsuits, Fraser Smeaton, featured on the show to discuss the company's journey....
Pioneer Europe
 
The team at Pioneer Europe recently announced a number of new dates on their Mini Masterclass series for spring 2024. ...
Gemar
 
The annual Made in Italy Week was held from 11 to 15 April between Rome and Naples....
World Book Day
 
Progressive Party finds out how World Book Day 2024 went for some of the key fancy dress suppliers. ...
Get the latest news sent to your inbox
Subscribe to our daily newsletter