| Product Code: ETC9174676 | 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 2024, Saudi Arabia`s rare earth elements market saw a steady increase in imports. The demand for these critical minerals was driven by various industries, including technology and renewable energy sectors. The country`s reliance on imports for rare earth elements remained consistent throughout the year.

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 Saudi Arabia Rare Earth Elements Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Rare Earth Elements Market Revenues & Volume, 2022 & 2032F |
3.3 Saudi Arabia Rare Earth Elements Market - Industry Life Cycle |
3.4 Saudi Arabia Rare Earth Elements Market - Porter's Five Forces |
3.5 Saudi Arabia Rare Earth Elements Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Saudi Arabia Rare Earth Elements Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Saudi Arabia Rare Earth Elements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for rare earth elements in various high-tech industries such as electronics, renewable energy, and automotive. |
4.2.2 Government initiatives to promote domestic production and reduce reliance on imports. |
4.2.3 Growing investments in research and development for rare earth element extraction and processing. |
4.3 Market Restraints |
4.3.1 Limited availability of rare earth element deposits in Saudi Arabia. |
4.3.2 High extraction and processing costs associated with rare earth elements. |
4.3.3 Environmental concerns and regulations regarding the mining and processing of rare earth elements. |
5 Saudi Arabia Rare Earth Elements Market Trends |
6 Saudi Arabia Rare Earth Elements Market, By Types |
6.1 Saudi Arabia Rare Earth Elements Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Cerium, 2022-2032F |
6.1.4 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Dysprosium, 2022-2032F |
6.1.5 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Erbium, 2022-2032F |
6.1.6 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Europium, 2022-2032F |
6.1.7 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Gadolinium, 2022-2032F |
6.1.8 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Holmium, 2022-2032F |
6.1.9 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Lutetium, 2022-2032F |
6.1.10 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Lutetium, 2022-2032F |
6.2 Saudi Arabia Rare Earth Elements Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Magnets, 2022-2032F |
6.2.3 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Catalysts, 2022-2032F |
6.2.4 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Metallurgy, 2022-2032F |
6.2.5 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Polishing, 2022-2032F |
6.2.6 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Glass, 2022-2032F |
6.2.7 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Phosphors, 2022-2032F |
6.2.8 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Other, 2022-2032F |
6.2.9 Saudi Arabia Rare Earth Elements Market Revenues & Volume, By Other, 2022-2032F |
7 Saudi Arabia Rare Earth Elements Market Import-Export Trade Statistics |
7.1 Saudi Arabia Rare Earth Elements Market Export to Major Countries |
7.2 Saudi Arabia Rare Earth Elements Market Imports from Major Countries |
8 Saudi Arabia Rare Earth Elements Market Key Performance Indicators |
8.1 Research and development investments in rare earth element technologies. |
8.2 Number of partnerships or collaborations with international rare earth element companies. |
8.3 Percentage increase in domestic production of rare earth elements. |
8.4 Innovation in rare earth element extraction and processing technologies. |
8.5 Environmental sustainability practices in rare earth element mining and processing. |
9 Saudi Arabia Rare Earth Elements Market - Opportunity Assessment |
9.1 Saudi Arabia Rare Earth Elements Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Saudi Arabia Rare Earth Elements Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Saudi Arabia Rare Earth Elements Market - Competitive Landscape |
10.1 Saudi Arabia Rare Earth Elements Market Revenue Share, By Companies, 2025 |
10.2 Saudi Arabia 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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