Report World - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights
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Global Rare Earth Metal Market 2022

Rare Earth Metal Market Size

For the fifth consecutive year, the global rare earth metal market recorded growth in sales value, which increased by X% to $X in 2020. In general, the total consumption indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the market value increased by X% against the previous year. Over the period under review, the global market hit record highs in 2020 and is expected to retain growth in years to come.

Rare Earth Metal Production

In value terms, rare earth metal production surged to $X in 2020 estimated in export prices. Over the period under review, production showed a resilient increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, global production attained the maximum level at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Production By Country

China (X tonnes) constituted the country with the largest volume of rare earth metal production, comprising approx. X% of total volume. Moreover, rare earth metal production in China exceeded the figures recorded by the second-largest producer, Myanmar (X tonnes), fivefold. The third position in this ranking was occupied by the U.S. (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Myanmar (+X% per year) and the U.S. (+X% per year).

Rare Earth Metal Exports

Exports

In 2020, the amount of rare earth metals exported worldwide declined to X tonnes, shrinking by -X% against 2019. In general, exports showed a mild decline. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Global exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, rare earth metal exports fell to $X in 2020. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2012 to 2020, the growth of global exports failed to regain the momentum.

Exports by Country

China represented the major exporter of rare earth metals in the world, with the volume of exports reaching X tonnes, which was approx. X% of total exports in 2020. Australia (X tonnes) held the second position in the ranking, followed by Vietnam (X tonnes) and Thailand (X tonnes). All these countries together occupied near X% share of total exports. The Netherlands (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Australia ($X) were the countries with the highest levels of exports in 2020, together accounting for X% of global exports. Thailand and the Netherlands lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average rare earth metal export price amounted to $X per tonne, flattening at the previous year. In general, the export price posted mild growth. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced mixed trends in the export price figures.

Rare Earth Metal Imports

Imports

In 2020, overseas purchases of rare earth metals decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Over the period under review, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Global imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, rare earth metal imports shrank to $X in 2020. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2012 to 2020, the growth of global imports remained at a lower figure.

Imports by Country

Malaysia represented the key importer of rare earth metals in the world, with the volume of imports finishing at X tonnes, which was approx. X% of total imports in 2020. It was distantly followed by Japan (X tonnes), generating a X% share of total imports. The following importers - Vietnam (X tonnes) and Norway (X tonnes) - each accounted for a X% share of total imports.

From 2007 to 2020, average annual rates of growth with regard to rare earth metal imports into Malaysia stood at +X%. At the same time, Vietnam (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2020. By contrast, Norway (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Malaysia and Vietnam increased by +X% and +X% percentage points, while Norway (-X p.p.) and Japan (-X p.p.) saw their share reduced.

In value terms, Japan ($X) constitutes the largest market for imported rare earth metals worldwide, comprising X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

In Japan, rare earth metal imports plunged by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

In 2020, the average rare earth metal import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for rare earth metals in the world?
+
China constituted the country with the largest volume of rare earth metal consumption, accounting for 53% of total volume. Moreover, rare earth metal consumption in China exceeded the figures recorded by the second-largest consumer, Myanmar, fourfold. The third position in this ranking was occupied by United States, with a 11% share.
What are the largest producers of rare earth metals in the world?
+
The country with the largest volume of rare earth metal production was China, comprising approx. 61% of total volume. Moreover, rare earth metal production in China exceeded the figures recorded by the second-largest producer, Myanmar, fivefold. United States ranked third in terms of total production with a 12% share.
What are the leading exporters of rare earth metals in the world?
+
In value terms, the largest rare earth metal supplying countries worldwide were Vietnam, China and Australia, together accounting for 76% of global exports. These countries were followed by Thailand and the Netherlands, which together accounted for a further 17%.
What are the leading importers of rare earth metals in the world?
+
In value terms, Japan constitutes the largest market for imported rare earth metals worldwide, comprising 57% of global imports. The second position in the ranking was occupied by Malaysia, with a 20% share of global imports. It was followed by Vietnam, with a 3.6% share.
What is the average export price for rare earth metals in the world?
+
In 2020, the average rare earth metal export price amounted to $25,119 per tonne, remaining stable against the previous year.
What is the average import price for rare earth metals in the world?
+
In 2020, the average rare earth metal import price amounted to $10,188 per tonne, shrinking by -11.6% against the previous year.

This report provides an in-depth analysis of the global rare earth metal market. 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 2025.


Product coverage:

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Physical Terms, By Country, 2007–2021
Table 7:
Imports, In Value Terms, By Country, 2007–2021
Table 8:
Import Prices, By Country Of Destination, 2007–2021
Table 9:
Exports, In Physical Terms, By Country, 2007–2021
Table 10:
Exports, In Value Terms, By Country, 2007–2021
Table 11:
Export Prices, By Country Of Origin, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2021
Figure 17:
Production, In Value Terms, 2007–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2007–2021
Figure 20:
Imports, In Physical Terms, 2007–2021
Figure 21:
Imports, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2007–2021
Figure 24:
Imports, In Value Terms, By Country, 2007–2021
Figure 25:
Import Prices, By Country, 2007–2021
Figure 26:
Exports, In Physical Terms, 2007–2021
Figure 27:
Exports, In Value Terms, 2007–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2007–2021
Figure 30:
Exports, In Value Terms, By Country, 2007–2021
Figure 31:
Export Prices, 2007–2021
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