| Product Code: ETC6665596 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Canada rare earth elements market, the import trend showed a 10.82% growth rate from 2023 to 2024, while the compound annual growth rate (CAGR) for 2020-2024 was -0.05%. This shift in import momentum could be attributed to evolving demand patterns or changes in trade policies impacting market stability.

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 Elements Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Rare Earth Elements Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Rare Earth Elements Market - Industry Life Cycle |
3.4 Canada Rare Earth Elements Market - Porter's Five Forces |
3.5 Canada Rare Earth Elements Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Canada Rare Earth Elements Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Rare Earth Elements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rare earth elements in high-tech industries such as electronics and renewable energy |
4.2.2 Growing focus on sustainability and environmental consciousness leading to the use of rare earth elements in green technologies |
4.2.3 Government initiatives to promote domestic production and reduce reliance on imports |
4.3 Market Restraints |
4.3.1 Limited domestic production capacity and dependence on imports from other countries |
4.3.2 High production costs associated with mining and extraction of rare earth elements |
4.3.3 Regulatory challenges and environmental concerns related to mining activities |
5 Canada Rare Earth Elements Market Trends |
6 Canada Rare Earth Elements Market, By Types |
6.1 Canada Rare Earth Elements Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Canada Rare Earth Elements Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Canada Rare Earth Elements Market Revenues & Volume, By Cerium, 2022-2032F |
6.1.4 Canada Rare Earth Elements Market Revenues & Volume, By Dysprosium, 2022-2032F |
6.1.5 Canada Rare Earth Elements Market Revenues & Volume, By Erbium, 2022-2032F |
6.1.6 Canada Rare Earth Elements Market Revenues & Volume, By Europium, 2022-2032F |
6.1.7 Canada Rare Earth Elements Market Revenues & Volume, By Gadolinium, 2022-2032F |
6.1.8 Canada Rare Earth Elements Market Revenues & Volume, By Holmium, 2022-2032F |
6.1.9 Canada Rare Earth Elements Market Revenues & Volume, By Lutetium, 2022-2032F |
6.1.10 Canada Rare Earth Elements Market Revenues & Volume, By Lutetium, 2022-2032F |
6.2 Canada Rare Earth Elements Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Rare Earth Elements Market Revenues & Volume, By Magnets, 2022-2032F |
6.2.3 Canada Rare Earth Elements Market Revenues & Volume, By Catalysts, 2022-2032F |
6.2.4 Canada Rare Earth Elements Market Revenues & Volume, By Metallurgy, 2022-2032F |
6.2.5 Canada Rare Earth Elements Market Revenues & Volume, By Polishing, 2022-2032F |
6.2.6 Canada Rare Earth Elements Market Revenues & Volume, By Glass, 2022-2032F |
6.2.7 Canada Rare Earth Elements Market Revenues & Volume, By Phosphors, 2022-2032F |
6.2.8 Canada Rare Earth Elements Market Revenues & Volume, By Other, 2022-2032F |
6.2.9 Canada Rare Earth Elements Market Revenues & Volume, By Other, 2022-2032F |
7 Canada Rare Earth Elements Market Import-Export Trade Statistics |
7.1 Canada Rare Earth Elements Market Export to Major Countries |
7.2 Canada Rare Earth Elements Market Imports from Major Countries |
8 Canada Rare Earth Elements Market Key Performance Indicators |
8.1 Percentage of rare earth elements used in green technologies |
8.2 Number of government initiatives supporting domestic production of rare earth elements |
8.3 Investment in research and development of new extraction technologies for rare earth elements |
8.4 Environmental impact assessments and compliance measures in rare earth element mining operations |
9 Canada Rare Earth Elements Market - Opportunity Assessment |
9.1 Canada Rare Earth Elements Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Canada Rare Earth Elements Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Rare Earth Elements Market - Competitive Landscape |
10.1 Canada Rare Earth Elements Market Revenue Share, By Companies, 2025 |
10.2 Canada Rare Earth Elements 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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