* Forecast.
The abbreviations for the main elements used for each application refer to the following rare earth oxides:
Nd: Neodymium
Pr: Praseodymium
Dy: Dysprosium
Sm: Samarium
La: Lanthanum
Ce: Cerium
Y: Yttrium
Citation formats
Distribution of global rare earth oxide demand 2020 & 2030, by application
Magnets accounted for nearly ** percent of the global demand for rare earth oxides (REO) in 2020, in particular the REOs neodymium, praseodymium, dysprosium, and samarium. It is forecast that magnet manufacturing will account for ** percent of the worldwide REO demand in 2030.
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BGR. (August 1, 2023). Distribution of rare earth oxide demand worldwide in 2020, with a forecast for 2030, by application [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/232957/distribution-of-rare-earth-demand-worldwide-by-application/
BGR. "Distribution of rare earth oxide demand worldwide in 2020, with a forecast for 2030, by application." Chart. August 1, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/232957/distribution-of-rare-earth-demand-worldwide-by-application/
BGR. (2023). Distribution of rare earth oxide demand worldwide in 2020, with a forecast for 2030, by application. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/232957/distribution-of-rare-earth-demand-worldwide-by-application/
BGR. "Distribution of Rare Earth Oxide Demand Worldwide in 2020, with a Forecast for 2030, by Application." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Aug 2023, /statistics/232957/distribution-of-rare-earth-demand-worldwide-by-application/
BGR, Distribution of rare earth oxide demand worldwide in 2020, with a forecast for 2030, by application ÌÇÐÄÆƽâ°æ, /statistics/232957/distribution-of-rare-earth-demand-worldwide-by-application/ (last visited July 28, 2026)
Distribution of rare earth oxide demand worldwide in 2020, with a forecast for 2030, by application [Graph], BGR, August 1, 2023. [Online]. Available: /statistics/232957/distribution-of-rare-earth-demand-worldwide-by-application/
