| Product Code: ETC5390771 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In the Canada rare-earth metals market, the import trend exhibited a growth rate of 10.82% from 2023 to 2024, with a compound annual growth rate (CAGR) of -0.05% for the period of 2020-2024. This slight improvement in import momentum in 2024 may be attributed to a potential demand shift towards rare-earth metals or a stabilization in the market following previous fluctuations.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Rare-Earth Metals Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Rare-Earth Metals Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Rare-Earth Metals Market - Industry Life Cycle |
3.4 Canada Rare-Earth Metals Market - Porter's Five Forces |
3.5 Canada Rare-Earth Metals Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 Canada Rare-Earth Metals Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Rare-Earth Metals Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rare-earth metals in various industries such as electronics, renewable energy, and healthcare. |
4.2.2 Strategic government initiatives to boost domestic production and reduce reliance on imports. |
4.2.3 Growing emphasis on sustainable practices and environmentally friendly sourcing of rare-earth metals. |
4.3 Market Restraints |
4.3.1 Volatility in rare-earth metal prices due to geopolitical factors and market speculation. |
4.3.2 Regulatory challenges related to mining and extraction of rare-earth metals in Canada. |
4.3.3 Competition from other global rare-earth metal producers impacting market share. |
5 Canada Rare-Earth Metals Market Trends |
6 Canada Rare-Earth Metals Market Segmentations |
6.1 Canada Rare-Earth Metals Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Rare-Earth Metals Market Revenues & Volume, By Cerium Oxide, 2022-2032F |
6.1.3 Canada Rare-Earth Metals Market Revenues & Volume, By Lanthanum Oxide, 2022-2032F |
6.1.4 Canada Rare-Earth Metals Market Revenues & Volume, By Neodymium Oxide, 2022-2032F |
6.1.5 Canada Rare-Earth Metals Market Revenues & Volume, By Yttrium Oxide, 2022-2032F |
6.1.6 Canada Rare-Earth Metals Market Revenues & Volume, By Praseodymium Oxide, 2022-2032F |
6.1.7 Canada Rare-Earth Metals Market Revenues & Volume, By Samarium Oxide, 2022-2032F |
6.1.9 Canada Rare-Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2022-2032F |
6.1.10 Canada Rare-Earth Metals Market Revenues & Volume, By Dysprosium Oxide, 2022-2032F |
6.2 Canada Rare-Earth Metals Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Rare-Earth Metals Market Revenues & Volume, By Permanent Magnets, 2022-2032F |
6.2.3 Canada Rare-Earth Metals Market Revenues & Volume, By Metal Alloys, 2022-2032F |
6.2.4 Canada Rare-Earth Metals Market Revenues & Volume, By Glass Polishing, 2022-2032F |
6.2.5 Canada Rare-Earth Metals Market Revenues & Volume, By Glass Additives, 2022-2032F |
6.2.6 Canada Rare-Earth Metals Market Revenues & Volume, By Catalysts, 2022-2032F |
6.2.7 Canada Rare-Earth Metals Market Revenues & Volume, By Phosphors, 2022-2032F |
6.2.8 Canada Rare-Earth Metals Market Revenues & Volume, By Others, 2022-2032F |
6.2.9 Canada Rare-Earth Metals Market Revenues & Volume, By Others, 2022-2032F |
7 Canada Rare-Earth Metals Market Import-Export Trade Statistics |
7.1 Canada Rare-Earth Metals Market Export to Major Countries |
7.2 Canada Rare-Earth Metals Market Imports from Major Countries |
8 Canada Rare-Earth Metals Market Key Performance Indicators |
8.1 Percentage of domestic rare-earth metal production compared to total consumption in Canada. |
8.2 Investment in research and development for new rare-earth metal extraction technologies. |
8.3 Environmental impact assessments and sustainability reports for rare-earth metal mining operations in Canada. |
8.4 Adoption rate of domestically sourced rare-earth metals by Canadian industries. |
9 Canada Rare-Earth Metals Market - Opportunity Assessment |
9.1 Canada Rare-Earth Metals Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 Canada Rare-Earth Metals Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Rare-Earth Metals Market - Competitive Landscape |
10.1 Canada Rare-Earth Metals Market Revenue Share, By Companies, 2025 |
10.2 Canada Rare-Earth Metals Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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