North America Dysprosium Prices Movement Last Quarter:
Dysprosium Prices in United States:
The dysprosium price trend in the last quarter of 2024 showed that dysprosium prices in the United States surged to 321,385 USD/MT by December, driven by strong demand from clean energy and advanced manufacturing sectors. The element's essential role in producing permanent magnets for wind turbines and electric vehicles significantly bolstered its market growth. Supply chain disruptions and limited domestic production capacity further tightened availability, adding upward pressure on prices.
Moreover, the growing focus on renewable energy and technological advancements intensified reliance on imports, amplifying the impact of global market dynamics. These factors collectively contributed to the elevated dysprosium prices observed in Q4.
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APAC Dysprosium Prices Movement Last Quarter:
Dysprosium Prices in China:
In the last quarter, dysprosium prices in China settled at 276,112 USD/MT, supported by steady production and robust demand from the renewable energy and electronics sectors. As a dominant producer of rare earth materials, China maintained a balanced supply, stabilizing prices despite global economic uncertainties.
However, environmental regulations and periodic output restrictions occasionally constrained mining activities, adding a layer of complexity to the market. Strong demand for dysprosium in magnets used for electric vehicles and clean energy technologies sustained market growth. By the end of Q4, China's efficient production and demand management ensured competitive pricing on the global stage.
Regional Analysis: The price analysis can be extended to provide detailed Dysprosium price information for the following list of countries.
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.
Factors Affecting Dysprosium Supply and Prices
Dysprosium supply and prices are influenced by rare earth mining output, geopolitical tensions, and export restrictions. Demand from high-tech industries, including electric vehicles and wind turbines, drives market trends. Additionally, environmental regulations, refining costs, supply chain disruptions, and currency fluctuations contribute to price volatility and global availability challenges.
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Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- Price Analysis
- Spot Prices by Major Ports
- Price Breakup
- Price Trends by Region
- Factors influencing the Price Trends
- Market Drivers, Restraints, and Opportunities
- Competitive Landscape
- Recent Developments
- Global Event Analysis
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Dysprosium Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Dysprosium price trend, offering key insights into global Dysprosium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Dysprosium demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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