Report Update Nov 1, 2024

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

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Sweden: Rare Earth Metal Market 2024

Rare Earth Metal Market Size in Sweden

In 2021, the Swedish rare earth metal market increased by 26% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a deep slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Rare Earth Metal Exports

Exports from Sweden

In 2021, rare earth metal exports from Sweden plummeted to X kg, waning by -56.6% compared with the year before. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 101,700%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, rare earth metal exports surged to $X in 2021. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 66,221%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X kg) was the main destination for rare earth metal exports from Sweden, with a 45% share of total exports. Moreover, rare earth metal exports to Norway exceeded the volume sent to the second major destination, Australia (X kg), fourfold. The third position in this ranking was held by South Korea (X kg), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Norway stood at +12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (0.0% per year) and South Korea (-8.0% per year).

In value terms, Norway ($X), Malaysia ($X) and Australia ($X) appeared to be the largest markets for rare earth metal exported from Sweden worldwide, together comprising 65% of total exports.

Norway, with a CAGR of +8.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average rare earth metal export price amounted to $X per ton, with an increase of 184% against the previous year. Over the period under review, the export price, however, recorded a slight downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-3.6%), while the prices for the other major destinations experienced a decline.

Rare Earth Metal Imports

Imports into Sweden

In 2021, purchases abroad of rare earth metals increased by 18% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, showed a abrupt slump. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, rare earth metal imports soared to $X in 2021. In general, imports, however, recorded a deep reduction. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Austria (X tons) constituted the largest rare earth metal supplier to Sweden, with a 86% share of total imports. Moreover, rare earth metal imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The United States (X kg) ranked third in terms of total imports with a 0.1% share.

From 2012 to 2021, the average annual growth rate of volume from Austria stood at -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.4% per year) and the United States (-18.9% per year).

In value terms, Austria ($X) constituted the largest supplier of rare earth metals to Sweden, comprising 85% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by the United States, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from Austria amounted to -13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.7% per year) and the United States (+19.9% per year).

Import Prices by Country

In 2021, the average rare earth metal import price amounted to $X per ton, increasing by 10% against the previous year. In general, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 16%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($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 United States (+47.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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. Malaysia ranked third in terms of total consumption with a 12% share.

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

China remains the largest rare earth metal producing country worldwide, 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. The third position in this ranking was occupied by Myanmar, with a 12% share.

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

In value terms, Austria constituted the largest supplier of rare earth metal to Sweden, comprising 85% of total imports. The second position in the ranking was occupied by Germany, with an 11% share of total imports.

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

In value terms, Norway, Malaysia and Australia appeared to be the largest markets for rare earth metal exported from Sweden worldwide, together comprising 65% of total exports.

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

In 2021, the average rare earth metal export price amounted to $40,195 per ton, approximately reflecting the previous year.

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

The average rare earth metal import price stood at $15,142 per ton in 2021, increasing by 14% against the previous year.

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

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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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