ferrite magnets
China's rare earth exports increased significantly in July and prices rose slightly
Aug 12,2021.


The analysis of customs statistics shows that in July 2021, China's rare earth export volume was 3955.4 tons, a year-on-year increase of 144%; the average export price was US$16.5/kg, a year-on-year increase of 5%.

July 2020 year 2021 year Year-on-year
Export volume (tons) 1,620.30 3,955.40 144.1%
Average price (USD/kg) 15.7  16.5  5.0%


The outbreak of the overseas epidemic led to transportation obstructions and other reasons, which led to a small export volume in July 2020, and the demand broke out in 2021, so it contrasted with the larger increase in July 2021.


In addition, the cumulative export volume from January to July was 27,781 tons, an increase of 22.2% year-on-year; the export value increased by 72.6% year-on-year to US$364.1 million.

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