Neodymium traded flat at 784,843 CNY/T on September 5, 2025. Over the past month, Neodymium's price has risen 19.82%, and is up 45.34% 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 September 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.

In 2030, the price of lanthanum oxide is forecast to be ***** U.S. dollars per metric ton. There are 17 rare earth elements, and although they may be fairly abundant in the Earth's crust, often they occur at sparse intervals are less economically exploitable.

The Praseodymium-Neodymium (NdPr) metal market exhibits robust growth potential, driven by the escalating demand for permanent magnets in various high-growth sectors. The market size in 2025 is estimated at $12.57 billion (based on the provided market size of 12570 and assuming the value unit is in millions). Considering the current technological advancements and increasing applications in electric vehicles, wind turbines, and consumer electronics, a conservative Compound Annual Growth Rate (CAGR) of 8% is projected for the forecast period of 2025-2033. This growth is fueled by the rising adoption of electric vehicles globally, necessitating high-performance NdPr magnets for electric motors. Furthermore, the expanding renewable energy sector, particularly wind power generation, relies heavily on these magnets for efficient energy conversion. The increasing miniaturization of electronics also contributes to the demand for smaller, yet more powerful, NdPr-based magnets. While supply chain constraints and price volatility of rare earth elements represent challenges, technological advancements in magnet manufacturing and recycling are mitigating these risks and paving the way for sustainable market expansion. The competitive landscape is shaped by a mix of large, established players and smaller, specialized companies, predominantly located in China. The leading companies are actively investing in research and development to enhance magnet performance and reduce reliance on environmentally sensitive mining practices. Regional market variations exist, with Asia-Pacific currently dominating the market due to its significant manufacturing base and high demand. However, North America and Europe are also witnessing substantial growth, driven by government incentives for renewable energy adoption and the increasing focus on electric vehicle manufacturing. The long-term outlook remains positive, anticipating continued expansion driven by technological innovation and the global shift toward sustainable energy solutions and advanced technological applications.