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

China - 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 China - 2023

Contents:

  1. Price for Alkali and Rare Earth Metals in China (FOB) - 2023
  2. Price for Alkali and Rare Earth Metals in China (CIF) - 2022
  3. Exports of Alkali and Rare Earth Metals in China
  4. Imports of Alkali and Rare Earth Metals in China

Price for Alkali and Rare Earth Metals in China (FOB) - 2023

In June 2023, the average export price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury amounted to $9,399 per ton, dropping by -24.8% against the previous month. Overall, the export price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in October 2022 when the average export price increased by 29% m-o-m. As a result, the export price attained the peak level of $16,936 per ton. From November 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Japan ($29,698 per ton), while the average price for exports to Poland ($2,885 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury amounted to $37,135 per ton, declining by -10.4% against the previous year. In general, the import price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 an increase of 134%. Over the period under review, average import prices hit record highs at $41,424 per ton in 2021, and then reduced in the following year.

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 Japan ($74,921 per ton), while the price for Russia ($12,877 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Alkali and Rare Earth Metals in China

In 2022, alkali and rare earth metals exports from China shrank rapidly to 56K tons, falling by -16.3% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of 67K tons, and then contracted dramatically in the following year.

In value terms, alkali and rare earth metals exports reduced rapidly to $311M in 2022. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of $411M, and then fell dramatically in the following year.

Export of Alkali and Rare Earth Metals in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan95.064.512217121.6%
India42.938.365.127.8-13.5%
United States31.026.436.424.1-8.0%
Netherlands16.911.032.417.30.8%
South Korea19.213.215.910.4-18.5%
Germany5.93.73.98.010.7%
Belgium8.57.625.66.4-9.0%
Russia7.15.921.25.3-9.3%
United Arab Emirates0.50.81.83.081.7%
Mexico2.21.914.02.1-1.5%
Turkey2.73.53.82.0-9.5%
Spain5.52.45.41.5-35.2%
Others41.632.163.832.6-7.8%
Total2792114113113.7%

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

  1. United States (14.3K tons)
  2. India (12.6K tons)
  3. Japan (7.6K tons)
  4. Netherlands (3.3K tons)
  5. Russia (2.6K tons)
  6. Germany (2.1K tons)
  7. Belgium (2.0K tons)
  8. United Arab Emirates (1.8K tons)
  9. South Korea (1.6K tons)
  10. Mexico (1.1K tons)
  11. Turkey (1.0K tons)
  12. Spain (0.8K tons)

Imports of Alkali and Rare Earth Metals in China

In 2022, overseas purchases of alkali or alkaline-earth metals, rare-earth metals, scandium and yttrium, mercury decreased by -24.6% to 483 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. As a result, imports attained the peak of 640 tons, and then fell markedly in the following year.

In value terms, alkali and rare earth metals imports fell rapidly to $18M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 184% against the previous year. As a result, imports reached the peak of $27M, and then declined sharply in the following year.

Import of Alkali and Rare Earth Metals in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.72.94.14.417.7%
VietnamN/A1.017.64.2104.9%
Russia2.70.70.73.913.0%
Japan0.40.10.81.762.0%
FranceN/AN/A0.10.4300.0%
Taiwan (Chinese)0.10.20.40.226.0%
ThailandN/A1.30.5N/A-61.5%
Others1.83.12.33.119.9%
Total7.79.326.517.932.5%

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

  1. Russia (304.1 tons)
  2. United States (62.0 tons)
  3. Vietnam (55.8 tons)
  4. Japan (22.6 tons)
  5. Taiwan (Chinese) (10.0 tons)
  6. France (8.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for alkali and rare earth metals in China. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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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