Report Update Nov 1, 2024

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

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Italy: Rare Earth Metal Market 2024

Rare Earth Metal Market Size in Italy

The Italian rare earth metal market was estimated at $X in 2021, almost unchanged from the previous year. Overall, consumption recorded a significant expansion. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Rare Earth Metal Production in Italy

In value terms, rare earth metal production reduced modestly to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 15%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Rare Earth Metal Exports

Exports from Italy

In 2021, the amount of rare earth metals exported from Italy surged to X tons, growing by 837% compared with 2020 figures. In general, exports, however, recorded a precipitous contraction. The growth pace was the most rapid in 2019 with an increase of 4,956% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, rare earth metal exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a sharp decrease. The growth pace was the most rapid in 2019 when exports increased by 5,810% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for rare earth metal exports from Italy, with a 91% share of total exports. Moreover, rare earth metal exports to Romania exceeded the volume sent to the second major destination, Serbia (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania totaled +43.3%.

In value terms, Romania ($X) remains the key foreign market for rare earth metals exports from Italy, comprising 92% of total exports. The second position in the ranking was taken by Serbia ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Romania stood at +53.5%.

Export Prices by Country

In 2021, the average rare earth metal export price amounted to $X per ton, growing by 37% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2016 an increase of 166%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Serbia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+198.0%), while the prices for the other major destinations experienced more modest paces of growth.

Rare Earth Metal Imports

Imports into Italy

In 2021, imports of rare earth metals into Italy skyrocketed to X tons, increasing by 48% against the previous year. In general, imports, however, recorded a deep downturn. The growth pace was the most rapid in 2018 when imports increased by 164%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, rare earth metal imports contracted markedly to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2020 with an increase of 162%. As a result, imports attained the peak of $X, and then dropped rapidly in the following year.

Imports by Country

China (X tons), Austria (X tons) and the United States (X kg) were the main suppliers of rare earth metal imports to Italy, together accounting for 95% of total imports. These countries were followed by Taiwan (Chinese), France and the Netherlands, which together accounted for a further 4%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +15.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest rare earth metal suppliers to Italy were China ($X), the United States ($X) and Austria ($X), together comprising 89% of total imports. Taiwan (Chinese), the Netherlands and France lagged somewhat behind, together accounting for a further 7.7%.

Taiwan (Chinese), with a CAGR of +37.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average rare earth metal import price stood at $X per ton in 2021, falling by -53.7% against the previous year. Overall, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 405%. The import price peaked at $X per ton in 2020, and then shrank rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+56.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for rare earth metals in the world?

China remains the largest rare earth metal consuming country worldwide, comprising approx. 49% of total volume. Moreover, rare earth metal consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by Malaysia, with a 12% share.

What are the largest producers of rare earth metals in the world?

China constituted the country with the largest volume of rare earth metal production, accounting for 59% of total volume. Moreover, rare earth metal production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. Myanmar ranked third in terms of total production with a 12% share.

What are the leading suppliers of rare earth metals to Italy?

In value terms, China, the United States and Austria appeared to be the largest rare earth metal suppliers to Italy, with a combined 89% share of total imports. These countries were followed by Taiwan Chinese) and France, which together accounted for a further 6.7%.

What are the leading importers of rare earth metals from Italy?

In value terms, Romania remains the key foreign market for rare earth metal exports from Italy, comprising 79% of total exports. The second position in the ranking was occupied by Peru, with a 12% share of total exports.

What is the average export price for rare earth metals in Italy?

In 2021, the average rare earth metal export price amounted to $15,200 per ton, which is down by -79.5% against the previous year.

What is the average import price for rare earth metals in Italy?

The average rare earth metal import price stood at $44,578 per ton in 2021, which is down by -55% against the previous year.

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

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023