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Report Australia and Oceania - Rare Earth Metals - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

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

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Australia and Oceania: Rare Earth Metal Market 2025

Rare Earth Metal Market Size in Australia and Oceania

In 2021, the rare earth metal market in Australia and Oceania increased by 0.8% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption continues to indicate a remarkable increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Rare Earth Metal Production in Australia and Oceania

In value terms, rare earth metal production rose sharply to $X in 2021 estimated in export price. Overall, production posted a prominent expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by 172% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Rare Earth Metal Exports

Exports in Australia and Oceania

In 2021, exports of rare earth metals in Australia and Oceania skyrocketed to X tons, increasing by 42% compared with the year before. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2013 when exports increased by 1,240% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, rare earth metal exports soared to $X in 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 319% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Australia (X tons) represented roughly 100% of total exports in 2021.

Australia was also the fastest-growing in terms of the rare earth metals exports, with a CAGR of +48.5% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest rare earth metal supplier in Australia and Oceania.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +46.8%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, increasing by 93% against the previous year. Overall, the export price, however, recorded a slight slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -1.2% per year.

Rare Earth Metal Imports

Imports in Australia and Oceania

After two years of decline, purchases abroad of rare earth metals increased by 15% to X kg in 2021. Overall, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 332%. As a result, imports attained the peak of X kg. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, rare earth metal imports soared to $X in 2021. In general, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 670%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

New Zealand was the main importer of rare earth metals in Australia and Oceania, with the volume of imports resulting at X kg, which was approx. 58% of total imports in 2021. Australia (X kg) took a 21% share (based on physical terms) of total imports, which put it in second place, followed by New Caledonia (21%).

New Zealand was also the fastest-growing in terms of the rare earth metals imports, with a CAGR of +27.1% from 2012 to 2021. At the same time, New Caledonia (+24.1%) displayed positive paces of growth. By contrast, Australia (-12.5%) illustrated a downward trend over the same period. New Zealand (+50 p.p.) and New Caledonia (+17 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -66.8% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported rare earth metals in Australia and Oceania, comprising 62% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia amounted to +3.0%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+25.0% per year) and New Caledonia (+15.5% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, jumping by 20% against the previous year. Overall, the import price posted noticeable growth. The pace of growth appeared the most rapid in 2016 an increase of 311% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+17.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia remains the largest rare earth metal consuming country in Australia and Oceania, comprising approx. 100% of total volume.
Australia constituted the country with the largest volume of rare earth metal production, accounting for 100% of total volume.
The export price in Australia and Oceania stood at $16,232 per ton in 2021, which is down by -2% against the previous year.
The import price in Australia and Oceania stood at $10,098 per ton in 2021, with a decrease of -32.1% against the previous year.

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

    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Australia and Oceania, split by region and country
    • Trade (exports and imports) in Australia and Oceania
    • 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 2012–2024
      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 2012–2024
      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
      • Australia
      • Cook Islands
      • Fiji
      • French Polynesia
      • Kiribati
      • Marshall Islands
      • Micronesia
      • New Caledonia
      • New Zealand
      • Northern Mariana Islands
      • Palau
      • Papua New Guinea
      • Samoa
      • Solomon Islands
      • Tokelau
      • Tonga
      • Tuvalu
      • Vanuatu
      • Wallis and Futuna Islands
      • American Samoa
      • Nauru
      • Niue
      • Guam

    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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