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World - Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

World - Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals - Market Analysis, Forecast, Size, Trends And Insights

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Nov 20, 2023

The World's Best Import Markets for Compounds of Rare-Earth Metals

The market for compounds of rare-earth metals is a thriving one, with several countries around the world importing these valuable materials to meet their industrial and technological needs. In this article, we will explore the top import markets for compounds of rare-earth metals, showcasing key statistics and import values for each country.

1. China - Leading the Import Market

China dominates the global market for compounds of rare-earth metals, importing a staggering 1.1 billion USD worth of these materials in 2022. The country's strong demand is driven by its booming manufacturing and electronics industries, which heavily rely on rare-earth metals for the production of high-tech components.

2. Japan - Second Largest Importer

Japan holds the second position in the global import market for compounds of rare-earth metals, with an import value of 411.4 million USD in 2022. The country's advanced technology sector and its focus on innovation fuel its demand for rare-earth metals to create cutting-edge products such as electronics, magnets, and catalysts.

3. Vietnam - Rising Demand

Vietnam has emerged as a significant player in the import market for compounds of rare-earth metals, with an import value of 379.1 million USD in 2022. The country's expanding manufacturing and electronics industries drive its demand for these materials, as it aims to become a hub for high-tech production in Southeast Asia.

4. United States - Technological Advancements

The United States remains one of the top importers of compounds of rare-earth metals, with an import value of 188.3 million USD in 2022. The country's technological advancements and its focus on renewable energy drive its demand for rare-earth metals, which are crucial for the production of wind turbines, electric vehicles, and energy-efficient devices.

5. Thailand - Manufacturing and Electronics Industries

Thailand imports around 162.9 million USD worth of compounds of rare-earth metals, making it one of the leading import markets. The country's manufacturing and electronics industries heavily rely on rare-earth metals to produce a wide range of products, including semiconductors, magnets, and electronic devices.

6. Taiwan (Chinese) - High-Tech Manufacturing

Taiwan is a major importer of compounds of rare-earth metals, with an import value of 95.1 million USD in 2022. The country's high-tech manufacturing sector, including the production of electronics, telecommunications equipment, and computer components, drives its demand for these materials.

7. South Korea - Advanced Electronics

South Korea imports approximately 93.7 million USD worth of compounds of rare-earth metals. The country's advanced electronics industry relies on these materials to manufacture mobile devices, semiconductors, and other high-tech products that are in demand globally.

8. Philippines - Growing Demand

The Philippines has shown significant growth in its demand for compounds of rare-earth metals, with an import value of 70.0 million USD in 2022. The country's expanding manufacturing sector and its focus on renewable energy contribute to the increasing demand for rare-earth metals.

9. Germany - Industrial Manufacturing

Germany, known for its strong industrial manufacturing sector, imports 52.3 million USD worth of compounds of rare-earth metals. The country's automotive, electronics, and renewable energy industries rely on rare-earth metals for the production of various components and devices.

10. France - Automotive and Aerospace Sectors

France imports around 40.9 million USD worth of compounds of rare-earth metals, with its automotive and aerospace sectors driving the demand. These materials are essential for the manufacturing of electric vehicles, aircraft engines, and other advanced aerospace components.

These top import markets for compounds of rare-earth metals demonstrate the global significance of these materials in various industries and technological advancements. The IndexBox market intelligence platform provides valuable data and insights into the import market, helping businesses make informed decisions and stay ahead in this competitive industry.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for compounds of rare-earth metals. 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 20136500 - Compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    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
    • 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

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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