In 2018, the rare earth element neodymium accounted for almost half of the total global value of rare earths. Praseodymium and dysprosium also accounted for significant shares of the global consumption value of rare earths, at 20 percent and 13 percent, respectively.
Distribution of rare earth consumption value worldwide in 2018, by element
Characteristic
Share of consumption value
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
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.
Learn more about how Statista can support your business.
Argus Media. (January 24, 2019). Distribution of rare earth consumption value worldwide in 2018, by element [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1062137/rare-earth-consumption-value-share-worldwide-by-element/
Argus Media. "Distribution of rare earth consumption value worldwide in 2018, by element." Chart. January 24, 2019. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1062137/rare-earth-consumption-value-share-worldwide-by-element/
Argus Media. (2019). Distribution of rare earth consumption value worldwide in 2018, by element. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1062137/rare-earth-consumption-value-share-worldwide-by-element/
Argus Media. "Distribution of Rare Earth Consumption Value Worldwide in 2018, by Element." Statista, Statista Inc., 24 Jan 2019, https://www.statista.com/statistics/1062137/rare-earth-consumption-value-share-worldwide-by-element/
Argus Media, Distribution of rare earth consumption value worldwide in 2018, by element Statista, https://www.statista.com/statistics/1062137/rare-earth-consumption-value-share-worldwide-by-element/ (last visited August 24, 2024)
Distribution of rare earth consumption value worldwide in 2018, by element [Graph], Argus Media, January 24, 2019. [Online]. Available: https://www.statista.com/statistics/1062137/rare-earth-consumption-value-share-worldwide-by-element/