Neodymium rose to 742,500 CNY/T on December 1, 2025, up 5.32% from the previous day. Over the past month, Neodymium's price has risen 9.19%, and is up 43.90% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Neodymium Rare Earth - values, historical data, forecasts and news - updated on December of 2025.

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.

The NdPr Oxide market is booming, projected to reach $11.14 billion by 2033 with a 10.9% CAGR. Driven by electric vehicles and renewable energy, this report analyzes market trends, key players (Lynas, MP Materials, China Rare Earth), and future growth potential. Discover insights into this rapidly expanding sector.

The price of the rare earth oxide praseodymium oxide is expected to reach some ****** U.S. dollars per metric ton in 2030. In 2011, the price of praseodymium oxide reached a record high, at some ******* U.S. dollars per metric ton.

Discover the booming NdPr Oxide market forecast to 2033! This comprehensive analysis reveals a CAGR of 10.6%, driven by clean energy, electronics, and automotive advancements. Explore key players, regional trends, and market segmentation for NdPr Oxide (high-purity & ordinary-purity).

The Praseodymium-Neodymium (NdPr) Metal market is poised for steady expansion, projected to reach a substantial USD 9782.2 million in 2025 and continuing its growth trajectory. This expansion is fueled by the escalating demand for high-performance permanent magnets, crucial components in a wide array of modern technologies. The compound annual growth rate (CAGR) of 3.9% over the forecast period (2025-2033) underscores the market's resilience and its integral role in innovation. Key drivers include the burgeoning electric vehicle (EV) sector, which relies heavily on NdFeB magnets for its electric motors, and the increasing adoption of renewable energy sources like wind turbines, also necessitating powerful magnetic materials. Furthermore, the miniaturization trend in consumer electronics and advancements in medical devices, such as MRI machines, are continuously creating new avenues for NdPr metal applications. The market's segmentation into various purity levels (e.g., ≥99.5%) and applications like permanent magnet materials and non-ferrous alloy additives highlights the diverse needs within the industry, all contributing to a robust market outlook. The market's growth dynamics are further shaped by evolving trends and certain restraints. Emerging trends include advancements in recycling technologies for rare earth elements, aiming to mitigate supply chain vulnerabilities and environmental concerns. Innovations in magnet production, focusing on reducing reliance on heavy rare earth elements while maintaining performance, also represent a significant trend. However, the market is not without its challenges. Geopolitical factors and the concentrated nature of rare earth element mining and processing pose potential supply chain risks and price volatility. Environmental regulations pertaining to rare earth extraction and processing, while necessary for sustainability, can also introduce compliance costs and operational complexities for manufacturers. Despite these restraints, the intrinsic value and indispensable properties of NdPr metal in enabling critical technologies ensure its continued importance and drive sustained market growth. Major players like China Northern Rare Earth and Jiangsu Jinshi Rare Earth Co., Ltd are actively navigating these dynamics to secure market share and drive innovation. This report delves into the dynamic Praseodymium-Neodymium (NdPr) metal market, analyzing its current landscape and forecasting future trajectories. Covering the Study Period: 2019-2033, with Base Year: 2025 and Estimated Year: 2025, the analysis spans the Historical Period: 2019-2024 and projects through the Forecast Period: 2025-2033. The report utilizes market volume in millions of units to provide a tangible understanding of market size and growth.

The Praseodymium-Neodymium (NdPr) Metal market is poised for steady expansion, with a projected market size of approximately USD 9725 million in 2025. This growth is fueled by an anticipated Compound Annual Growth Rate (CAGR) of 3.7% throughout the forecast period of 2025-2033. The primary drivers of this expansion include the increasing demand for high-performance permanent magnets, crucial components in electric vehicles (EVs), wind turbines, and advanced electronics. The ongoing global shift towards sustainable energy solutions and the rapid electrification of transportation are directly contributing to the consumption of NdPr metal, positioning it as a critical material for the green economy. Furthermore, its application in non-ferrous alloy additives, enhancing the properties of various metals for aerospace and industrial uses, also underpins market growth. The market landscape is characterized by distinct segmentation, with the Type segment divided into <99.5% and ≥99.5% purity levels, catering to different industrial requirements. The Application segment is dominated by Permanent Magnet Material, followed by Non Ferrous Alloy Additives and Other niche applications. Geographically, the Asia Pacific region, particularly China, is a dominant force in both production and consumption due to its extensive rare earth mining and processing capabilities, as well as its significant manufacturing base for magnets and electronics. While the market benefits from strong demand, potential restraints include price volatility of rare earth elements, geopolitical risks associated with supply chains, and the ongoing development of alternative technologies or recycling methods for rare earths, which could influence long-term growth trajectories. This report delves into the dynamic global market for Praseodymium-Neodymium (NdPr) Metal, a critical rare earth element pair essential for advanced technologies. The analysis covers market segmentation, regional trends, key drivers, challenges, and emerging opportunities, providing a comprehensive outlook for stakeholders. We estimate the global NdPr metal market to be in the range of $3,000 million to $5,000 million annually, with significant growth projections.

The Neodymium Praseodymium (NdPr) Alloy market is poised for significant expansion, driven by the escalating demand for high-performance permanent magnets crucial for advancements in renewable energy, electric vehicles, and consumer electronics. With a projected market size of approximately USD 10,000 million in 2025, the sector is expected to witness a robust Compound Annual Growth Rate (CAGR) of around 7.5% through 2033. This growth is largely fueled by the indispensable role of NdPr magnets in wind turbine generators, electric motors for automobiles, and sophisticated electronic devices, where their superior magnetic strength and efficiency are paramount. Emerging applications in defense, medical equipment, and robotics further contribute to this upward trajectory, underscoring the alloy's versatility and critical importance in modern technological ecosystems. The market landscape is characterized by evolving technological advancements and a growing emphasis on supply chain resilience. Key growth drivers include the global push towards decarbonization and the widespread adoption of electric mobility solutions, which directly translate to increased requirements for NdPr-based permanent magnets. While the market benefits from strong demand, potential restraints such as price volatility of rare earth elements, geopolitical factors impacting supply, and the development of alternative magnet technologies require strategic attention. The market segmentation reveals a dominant position for the Nd2Fe14B type alloy, which forms the backbone of most high-performance magnet applications. In terms of applications, Permanent Magnetic Materials represent the largest segment, followed by additives and metallurgy, highlighting the alloy's core utility in magnet manufacturing. Asia Pacific, particularly China, is anticipated to maintain its leadership in both production and consumption, owing to established rare earth processing capabilities and a strong manufacturing base.