Netherlands: Rare Earth Metal Market 2024

Rare Earth Metal Market Size in the Netherlands

The Dutch rare earth metal market skyrocketed to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption saw tangible growth. Rare earth metal consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Rare Earth Metal Production in the Netherlands

In value terms, rare earth metal production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild decline. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Rare Earth Metal Exports

Exports from the Netherlands

For the third year in a row, the Netherlands recorded decline in shipments abroad of rare earth metals, which decreased by X% to X tons in 2022. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, rare earth metal exports declined significantly to $X in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), France (X tons) and China (X tons) were the main destinations of rare earth metal exports from the Netherlands, together comprising X% of total exports. Germany, Austria, Hong Kong SAR, Serbia, Belgium, Italy and Estonia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Germany ($X) and France ($X) constituted the largest markets for rare earth metal exported from the Netherlands worldwide, together comprising X% of total exports. China, Austria, Hong Kong SAR, Serbia, Belgium, Italy and Estonia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average rare earth metal export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2021 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 Germany ($X per ton), while the average price for exports to Estonia ($X 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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Earth Metal Imports

Imports into the Netherlands

In 2022, approx. X tons of rare earth metals were imported into the Netherlands; surging by X% on the previous year. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, rare earth metal imports rose notably to $X in 2022. In general, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest rare earth metal supplier to the Netherlands, accounting for a X% share of total imports. Moreover, rare earth metal imports from China exceeded the figures recorded by the second-largest supplier, Austria (X tons), sixfold. Luxembourg (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Luxembourg (X% per year).

In value terms, China ($X) constituted the largest supplier of rare earth metals to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Belgium (X% per year).

Import Prices by Country

The average rare earth metal import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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