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Report SADC - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2024

SADC - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights

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SADC: Rare Earth Metal Market 2024

Rare Earth Metal Market Size in SADC

The SADC rare earth metal market declined remarkably to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, showed significant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Rare Earth Metal Production in SADC

In value terms, rare earth metal production fell remarkably to $X in 2022 estimated in export price. Overall, production, however, posted significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Rare Earth Metal Exports

Exports in SADC

In 2022, the amount of rare earth metals exported in SADC shrank notably to X kg, with a decrease of X% against 2021 figures. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, rare earth metal exports shrank remarkably to $X in 2022. In general, exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of rare earth metals, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the rare earth metals exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest rare earth metal supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price saw a buoyant increase. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Rare Earth Metal Imports

Imports in SADC

In 2022, supplies from abroad of rare earth metals increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a significant expansion. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, rare earth metal imports skyrocketed to $X in 2022. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Democratic Republic of the Congo (X tons) represented the largest importer of rare earth metals, generating X% of total imports. It was distantly followed by South Africa (X tons), creating a X% share of total imports.

Democratic Republic of the Congo was also the fastest-growing in terms of the rare earth metals imports, with a CAGR of X% from 2012 to 2022. At the same time, South Africa (X%) displayed positive paces of growth. Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Democratic Republic of the Congo ($X) constitutes the largest market for imported rare earth metals in SADC, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports.

In Democratic Republic of the Congo, rare earth metal imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while Democratic Republic of the Congo stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Madagascar remains the largest rare earth metal consuming country in SADC, accounting for 92% of total volume. Moreover, rare earth metal consumption in Madagascar exceeded the figures recorded by the second-largest consumer, Democratic Republic of the Congo, more than tenfold.
The country with the largest volume of rare earth metal production was Madagascar, comprising approx. 96% of total volume. It was followed by South Africa, with a 2% share of total production.
In value terms, South Africa remains the largest rare earth metal supplier in SADC.
In value terms, Democratic Republic of the Congo constitutes the largest market for imported rare earth metals in SADC, comprising 58% of total imports. The second position in the ranking was taken by South Africa, with a 25% share of total imports.
The export price in SADC stood at $10,219 per ton in 2022, with an increase of 43% against the previous year.
The import price in SADC stood at $2,415 per ton in 2022, with a decrease of -86.2% against the previous year.

This report provides an in-depth analysis of the rare earth metal market in SADC. 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:

    Country coverage:

    • Angola
    • Botswana
    • Comoros
    • Democratic Republic of the Congo
    • Lesotho
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Seychelles
    • South Africa
    • Swaziland
    • Tanzania
    • Zambia
    • Zimbabwe

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in SADC, split by region and country
    • Trade (exports and imports) in SADC
    • 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. CONSUMPTION BY COUNTRY
      3. 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
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

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

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      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. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Angola
      • Botswana
      • Comoros
      • Democratic Republic of the Congo
      • Lesotho
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Namibia
      • Seychelles
      • South Africa
      • Swaziland
      • Tanzania
      • Zambia
      • Zimbabwe

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

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

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