Australia - Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Alkali or Alkaline-Earth Metals, Rare-Earth Metals, Scandium and Yttrium, Mercury - Market Analysis, Forecast, Size, Trends And Insights

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Price for Alkali and Rare Earth Metals in Australia - 2023

Contents:

  1. Price for Alkali and Rare Earth Metals in Australia (FOB) - 2022
  2. Price for Alkali and Rare Earth Metals in Australia (CIF) - 2022
  3. Exports of Alkali and Rare Earth Metals in Australia
  4. Imports of Alkali and Rare Earth Metals in Australia

Price for Alkali and Rare Earth Metals in Australia (FOB) - 2022

The average export price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury stood at $27,484 per ton in 2022, increasing by 8.9% against the previous year. Overall, the export price showed a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by 1,121%. As a result, the export price reached the peak level of $47,150 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($42,470 per ton), while the average price for exports to the United States ($7,009 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Alkali and Rare Earth Metals in Australia (CIF) - 2022

In 2022, the average import price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury amounted to $9,271 per ton, picking up by 35% against the previous year. Over the period under review, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 106% against the previous year. Over the period under review, average import prices hit record highs at $11,071 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($56,613 per ton), while the price for China ($7,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced a decline.

Exports of Alkali and Rare Earth Metals in Australia

In 2022, shipments abroad of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by -45.3% to 84 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. As a result, the exports attained the peak of 166 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, alkali and rare earth metals exports fell dramatically to $2.3M in 2022. Overall, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 9.3%. As a result, the exports attained the peak of $6.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Alkali and Rare Earth Metals in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand3.05.22.12.0-12.6%
United States0.70.81.40.2-34.1%
Papua New GuineaN/AN/A0.1N/A0%
NetherlandsN/AN/AN/AN/A0%
Canada1.8N/AN/AN/A0%
OthersN/A0.10.3N/A200.0%
Total5.66.13.92.3-25.7%

Top Export Markets for Alkali and Rare Earth Metals from Australia in 2022:

  1. New Zealand (48.0 tons)
  2. United States (33.3 tons)
  3. Papua New Guinea (1.7 tons)

Imports of Alkali and Rare Earth Metals in Australia

Alkali and rare earth metals imports into Australia reduced markedly to 52 tons in 2022, which is down by -70.5% on 2021 figures. Overall, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 176 tons, and then shrank dramatically in the following year.

In value terms, alkali and rare earth metals imports contracted dramatically to $482K in 2022. Over the period under review, imports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 166%. As a result, imports attained the peak of $1.2M, and then fell remarkably in the following year.

Import of Alkali and Rare Earth Metals in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China359292844272-8.8%
United States73.013916611516.4%
United Kingdom3.94.93.685.0179.3%
Others22.319.919810.0-23.5%
Total4594551,2124821.6%

Top Suppliers of Alkali and Rare Earth Metals to Australia in 2022:

  1. China (37.6 tons)
  2. United States (12.8 tons)
  3. United Kingdom (1.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for alkali and rare earth metals in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20132300 - Alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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