United Kingdom - 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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View PricingPrice for Compounds of Rare-Earth Metals in the UK - 2023
Contents:
- Price for Compounds of Rare-Earth Metals in the UK (CIF) - 2022
- Price for Compounds of Rare-Earth Metals in the UK (FOB) - 2022
- Imports of Compounds of Rare-Earth Metals in the UK
- Exports of Compounds of Rare-Earth Metals in the UK
Price for Compounds of Rare-Earth Metals in the UK (CIF) - 2022
The average compounds of rare-earth metals import price stood at $26,540 per ton in 2022, growing by 38% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($58,460 per ton), while the price for China ($5,954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compounds of Rare-Earth Metals in the UK (FOB) - 2022
The average compounds of rare-earth metals export price stood at $34,624 per ton in 2022, waning by -7.8% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, compounds of rare-earth metals export price increased by +34.6% against 2020 indices. The growth pace was the most rapid in 2016 when the average export price increased by 70%. The export price peaked at $41,069 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($44,341 per ton), while the average price for exports to Cyprus ($4,883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compounds of Rare-Earth Metals in the UK
In 2022, approx. 414 tons of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals were imported into the UK; dropping by -18.9% against the year before. Over the period under review, imports faced a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 15%.
In value terms, compounds of rare-earth metals imports expanded remarkably to $11M in 2022. In general, imports showed a abrupt shrinkage.
Import of Compounds of Rare-Earth Metals in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.2 | N/A | N/A | 5.5 | 19.8% |
China | 1.4 | 1.0 | 1.1 | 1.2 | -5.0% |
United States | 1.4 | 2.2 | 1.5 | 1.0 | -10.6% |
Austria | 2.5 | 0.9 | 1.9 | 0.8 | -31.6% |
Japan | 2.1 | 2.4 | 1.9 | 0.8 | -27.5% |
France | 4.2 | 4.0 | 2.5 | 0.3 | -58.5% |
Thailand | 0.1 | N/A | 0.1 | N/A | 0.0% |
Others | 1.2 | 0.5 | 0.8 | 1.5 | 7.7% |
Total | 16.1 | 11.0 | 9.8 | 11.0 | -11.9% |
Top Suppliers of Compounds of Rare-Earth Metals to the UK in 2022:
- China (194.1 tons)
- Italy (105.7 tons)
- United States (42.0 tons)
- Austria (27.7 tons)
- Japan (12.9 tons)
- France (8.2 tons)
Exports of Compounds of Rare-Earth Metals in the UK
In 2022, exports of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals from the UK shrank modestly to 183 tons, approximately reflecting 2021. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year.
In value terms, compounds of rare-earth metals exports dropped to $6.3M in 2022. Overall, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 95% against the previous year.
Export of Compounds of Rare-Earth Metals in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 409 | 170 | 728 | 867 | 28.5% |
United States | 290 | 126 | 694 | 457 | 16.4% |
Poland | 3.7 | 21.8 | 222 | 447 | 394.4% |
Russia | N/A | 182 | 707 | 393 | 46.9% |
Austria | 0.3 | 0.2 | 264 | 354 | 956.7% |
Brazil | 5.4 | 18.4 | 1.3 | 328 | 293.1% |
North Macedonia | 348 | 481 | 886 | 320 | -2.8% |
China | 290 | 307 | 202 | 292 | 0.2% |
France | 40.1 | 90.2 | 110 | 155 | 56.9% |
Italy | 611 | 16.1 | 59.6 | 128 | -40.6% |
Japan | 3,144 | 116 | 140 | 102 | -68.1% |
Spain | 302 | 65.7 | 275 | 88.3 | -33.6% |
Cyprus | 47.6 | 24.6 | 21.3 | 18.8 | -26.6% |
Others | 2,473 | 1,942 | 2,644 | 2,386 | -1.2% |
Total | 7,965 | 3,561 | 6,955 | 6,336 | -7.3% |
Top Export Markets for Compounds of Rare-Earth Metals from the UK in 2022:
- Germany (30.2 tons)
- United States (22.5 tons)
- Russia (16.9 tons)
- Poland (16.3 tons)
- Italy (14.8 tons)
- North Macedonia (14.0 tons)
- Austria (12.2 tons)
- Brazil (8.2 tons)
- France (7.5 tons)
- China (6.6 tons)
- Spain (6.1 tons)
- Cyprus (3.8 tons)
- Japan (1.2 tons)
This report provides an in-depth analysis of the market for compounds of rare-earth metals in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for compounds of rare-earth metals in the UK.
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
This report provides an in-depth analysis of the market for compounds of rare-earth metals in the UK.
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
Explore the top import markets for compounds of rare-earth metals, including key statistics and import values for each country. Discover the importance of these materials in global industries and technology advancements.
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Explore the top import markets for compounds of rare-earth metals, including key statistics and import values for each country. Discover the importance of these materials in global industries and technology advancements.