Rare earth elements, and their oxides (REOs), consist of 17 elements, including cerium, dysprosium, erbium, and so on. They are used in many important applications, including in many technological applications. Increasing demand has put a strain on their supply, however, which comes mainly from China. In 2019, global REO demand for the production of magnets amounted to 43,733 metric tons, and is forecast to increase nearly double, to 82,469 metric tons by 2025.
Demand for rare earth oxides worldwide in 2019 and 2025 by end use
(in metric tons)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Stormcrow. (February 10, 2020). Demand for rare earth oxides worldwide in 2019 and 2025 by end use (in metric tons) [Graph]. In Statista. Retrieved May 27, 2022, from https://www.statista.com/statistics/449722/rare-earth-estimated-demand-globally-by-application/
Stormcrow. "Demand for rare earth oxides worldwide in 2019 and 2025 by end use (in metric tons)." Chart. February 10, 2020. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/449722/rare-earth-estimated-demand-globally-by-application/
Stormcrow. (2020). Demand for rare earth oxides worldwide in 2019 and 2025 by end use (in metric tons). Statista. Statista Inc.. Accessed: May 27, 2022. https://www.statista.com/statistics/449722/rare-earth-estimated-demand-globally-by-application/
Stormcrow. "Demand for Rare Earth Oxides Worldwide in 2019 and 2025 by End Use (in Metric Tons)." Statista, Statista Inc., 10 Feb 2020, https://www.statista.com/statistics/449722/rare-earth-estimated-demand-globally-by-application/
Stormcrow, Demand for rare earth oxides worldwide in 2019 and 2025 by end use (in metric tons) Statista, https://www.statista.com/statistics/449722/rare-earth-estimated-demand-globally-by-application/ (last visited May 27, 2022)
