Forecast of rare earth oxide neodymium oxide price globally 2009-2030

Published by
Madhumitha Jaganmohan,
Apr 19, 2024
The price of the rare earth oxide neodymium oxide was 49,763 U.S. dollars per metric ton in 2020. By 2030, the price of neodymium oxide is expected to increase to 45,500 U.S. dollars per metric ton.

Neodymium oxide price worldwide from 2009 to 2020 with a forecast for 2021 to 2030 (in U.S. dollars per metric ton)

CharacteristicPrice in U.S. dollars per metric ton
2030 45,500
2029 45,000
2028 44,500
2027 44,000
2026 43,500
2025 77,500
2024 56,500
2023 50,000
2022 55,400
2021** 66,200
2020 49,144
2019 44,578
2018 49,804
Showing entries 1 to 13 (16 entries in total)
Created with Highcharts 7.2.2Price in U.S. dollars per metric ton2009201120162018201920202021**202220232024202520262027202820292030
050,000100,000150,000200,000250,000300,000

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Release date

March 2021

Region

Worldwide

Survey time period

2009 to 2020

Supplementary notes

* Base-case rare earth price deck.
**The figure for 2021 is estimated. The figures from 2022 on are forecasts.
This statistic has been assembled using several editions of the report.

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