China’s Exports of NdFeB Magnets Increased 11% in 2018

Feb. 27, 2019

Export volume up 11%, export value up 14%

According to data from China Customs, China’s exports of NdFeB permanent magnets increased 11% in 2018. The nation exported NdFeB magnets to 104 countries in 2018, down from 109 the year prior.

The value of China’s NdFeB exports increased 14% and the sales-weighted average unit price increased 3%, from US $49.14 per kilogram to US $50.40 per kilogram.

As we highlighted in a recent insight, China’s NdFeB permanent magnet production increased by 5% in 2018 while domestic NdFeB consumption increased by approximately 6%, keeping the market tightly balanced, as evidenced by price increases for all 31 NdFeB grades that we cover in 2018 versus the year prior.

Rare Earth Recap 2018: Global Production, Trade and Prices

For more information, including a detailed review of global rare earth production, prices and trade in 2018, keep an eye out for an upcoming report from Adamas Intelligence, titled “Rare Earth Recap 2018: Global Production, Trade and Prices”.


Page 1 Created with Sketch. Back to overview

Join Our Mailing List


We’ll keep you posted on the latest news and developments affecting markets and supply chains.


Rare earths, lithium, nickel, cobalt, batteries, motors and more.


You have successfully subscribed! We look forward to keeping in touch.