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India paid the most for samarium in Q2 2026: USD 81.80/KG, up 6.4% from USD 76.90 in Q1. Samarium is a light-to-mid rare earth element recovered from bastnasite and monazite ore concentrates alongside more abundant elements like lanthanum and cerium, most commonly used in samarium-cobalt permanent magnets valued for exceptional temperature stability and corrosion resistance.
Samarium-cobalt magnets, while more expensive and lower in maximum magnetic strength than neodymium-iron-boron magnets, retain their magnetic properties at far higher temperatures and resist corrosion better, making them the preferred choice for aerospace, military, and high-temperature industrial applications where neodymium magnets would underperform. Because samarium-cobalt magnets serve a smaller, more specialised niche than the much larger neodymium magnet market, samarium demand and pricing dynamics are somewhat insulated from the broader electric vehicle and wind turbine magnet demand that dominates neodymium and praseodymium markets.
China controls the large majority of global rare earth mining, separation, and refining capacity, keeping Chinese domestic pricing consistently well below the United States, Japan, and India, all of which rely substantially on imported material. Nuclear reactor control rods represent a smaller but steady application, given samarium's strong neutron absorption properties, adding a demand source distinct from the magnet manufacturing that otherwise dominates consumption.
China remained the most affordable origin tracked in this report, trading roughly 85% below India through Q2 2026. Procurement teams sourcing across borders should factor that spread against their own freight and duty costs before comparing landed price.
Expect a mixed picture through H2 2026, with China easing modestly on ample domestic supply while the United States, Japan, and India continue climbing on import-driven demand. Aerospace and military-linked samarium-cobalt magnet demand should keep providing steady, if not dramatic, structural support across all four markets. Any shift in Chinese rare earth export policy remains the key risk to watch for the three import-reliant markets in this group. Samarium-cobalt magnet demand should remain comparatively insulated from the sharper cycles affecting neodymium and praseodymium given its smaller, more specialised end-use base.
Taken together, the 4 markets in this report averaged a 4.7% increase quarter on quarter through the first half of 2026, a pace we expect to broadly continue barring a shift in the underlying cost or demand picture described above.
| Region | 2026 Price Range (USD/KG) | Outlook |
| Global Average | 67.78 - 74.77 | Balance of regional supply and demand conditions |
| China | 42.87 - 47.29 | Abundant domestic supply from established mining and processing facilities kept Chinese pricing easing modestly |
| United States | 75.85 - 83.67 | Steady aerospace and military-linked magnet demand kept US pricing climbing in step with the broader non-Chinese trend |
| Japan | 73.04 - 80.57 | Consistent specialty magnet manufacturing demand supported another firm increase |
| India | 79.35 - 87.53 | Growing domestic demand for specialty magnets and nuclear applications kept India at the top of this group |
China reached USD 44.20/KG in Q2 2026, abundant domestic supply from established mining and processing facilities kept Chinese pricing easing modestly, putting it the most affordable of the 4 markets tracked this quarter.
Why did the price of Samarium change in Q2 2026 in China?
Abundant domestic supply from established mining and processing facilities kept Chinese pricing easing modestly, the only market in this group to soften, with China now sitting about 36.7% below the 4-region average this quarter.
China has averaged 2.2% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.
United States rose 6.4% to USD 78.20/KG in Q2 2026, steady aerospace and military-linked magnet demand kept US pricing climbing in step with the broader non-Chinese trend, making it the 2nd most expensive of the 4 markets tracked here this quarter.
Why did the price of Samarium change in Q2 2026 in United States?
Steady aerospace and military-linked magnet demand kept US pricing climbing in step with the broader non-Chinese trend, which puts United States roughly 11.9% above the average across the 4 regions this report tracks.
Set against a 2.8% average quarterly pace over the six quarters this report tracks, United States's move this quarter landed faster than that trend.
USD 75.30/KG. That is where Japan landed in Q2 2026, up 6.4% from USD 70.80/KG in Q1 2026, ranking it the 3rd most expensive among the 4 markets this report follows.
Why did the price of Samarium change in Q2 2026 in Japan?
Consistent specialty magnet manufacturing demand supported another firm increase, working out to Japan trading about 7.8% above this quarter's 4-region average.
Measured against Japan's own average pace of 2.8% a quarter across the six quarters this report tracks, this move came in faster than that pace.
India's price gained 6.4% to USD 81.80/KG, growing domestic demand for specialty magnets and nuclear applications kept India at the top of this group, placing it the priciest across the 4 regions covered in this report.
Why did the price of Samarium change in Q2 2026 in India?
Growing domestic demand for specialty magnets and nuclear applications kept India at the top of this group, leaving India running roughly 17.1% above the 4-region average for the quarter.
That is faster than the 2.8% average quarterly move India has posted across the six quarters this report tracks.
China reached USD 45.80/KG in Q1 2026, domestic supply conditions held steady as the year opened, putting it the most affordable of the 4 markets tracked this quarter.
Why did the price of Samarium change in Q1 2026 in China?
Domestic supply conditions held steady as the year opened, supporting a firm early-year gain before the softer Q2 turn, with China now sitting about 31.4% below the 4-region average this quarter.
China has averaged 2.2% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.
United States rose 2.0% to USD 73.50/KG in Q1 2026, steady aerospace and military magnet demand supported a firm early-year increase, making it the 2nd most expensive of the 4 markets tracked here this quarter.
Why did the price of Samarium change in Q1 2026 in United States?
Steady aerospace and military magnet demand supported a firm early-year increase, which puts United States roughly 10.1% above the average across the 4 regions this report tracks.
Set against a 2.8% average quarterly pace over the six quarters this report tracks, United States's move this quarter landed slower than that trend.
USD 70.80/KG. That is where Japan landed in Q1 2026, up 2.0% from USD 69.44/KG in Q4 2025, ranking it the 3rd most expensive among the 4 markets this report follows.
Why did the price of Samarium change in Q1 2026 in Japan?
Consistent specialty magnet manufacturing demand carried prices higher as the new year began, working out to Japan trading about 6.1% above this quarter's 4-region average.
Measured against Japan's own average pace of 2.8% a quarter across the six quarters this report tracks, this move came in slower than that pace.
India's price gained 1.9% to USD 76.90/KG, growing domestic industrial demand supported a firm start to 2026, placing it the priciest across the 4 regions covered in this report.
Why did the price of Samarium change in Q1 2026 in India?
Growing domestic industrial demand supported a firm start to 2026, leaving India running roughly 15.2% above the 4-region average for the quarter.
That is slower than the 2.8% average quarterly move India has posted across the six quarters this report tracks.
The global average climbed steadily across the window, from USD 61.80/KG in Q1 2025 to USD 69.88 by Q2 2026, a gain of 13.1% over six quarters.
| Quarter | Price (USD/KG) | QoQ Change | Direction |
| Q2 2026 | 69.88 | +4.7% | ↑ Rising |
| Q1 2026 | 66.75 | +1.9% | ↑ Rising |
| Q4 2025 | 65.48 | +1.9% | ↑ Rising |
| Q3 2025 | 64.23 | +1.9% | ↑ Rising |
| Q2 2025 | 63.00 | +1.9% | ↑ Rising |
| Q1 2025 | 61.80 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
The global samarium average moved steadily through 2025, opening near USD 61.80/KG in Q1 and closing the year at USD 65.48, a 5.9% increase.
China prices moved from about USD 42.50/KG in Q1 2025 to USD 44.95 by Q4, up roughly 5.8%. That left China ranked 4 of 4 tracked markets heading into 2026.
United States prices moved from about USD 68.00/KG in Q1 2025 to USD 72.08 by Q4, up roughly 6.0%, placing United States 2 of 4 tracked markets as 2025 closed out.
Japan prices moved from about USD 65.50/KG in Q1 2025 to USD 69.44 by Q4, up roughly 6.0%. Japan closed the year ranked 3 of the 4 markets this report tracks.
India prices moved from about USD 71.20/KG in Q1 2025 to USD 75.43 by Q4, up roughly 5.9%, leaving India in 1 place among the 4 tracked markets heading into the new year.
Expert Market Research: Your Source for Real-Time Samarium Price Intelligence
Tracking samarium prices means tracking what actually moves them: bastnasite/monazite (RE concentrate) costs, regional demand shifts, and the policy decisions that touch both. Our team maintains that view across every region in this report, refreshing it as conditions change.
Rather than a single static figure, our forecasts blend capacity data, feedstock cost trends, and demand signals from across the regions we cover, built specifically to support procurement budgeting and supplier negotiations.
Reach out to our analysts for a deeper regional breakdown, historical data extending beyond the six quarters shown here, or a custom samarium sourcing analysis tailored to your specific procurement footprint.
We track samarium oxide and samarium-cobalt alloy pricing separately, since magnet manufacturers buying the pre-alloyed material skip a processing step that oxide buyers must still complete themselves.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Samarium is a light-to-mid rare earth element recovered from bastnasite and monazite ore concentrates alongside more abundant elements like lanthanum and cerium, most commonly used in samarium-cobalt permanent magnets valued for exceptional temperature stability and corrosion resistance.
In Q2 2026, it averaged USD 44.20/KG in China, USD 78.20/KG in United States, USD 75.30/KG in Japan, USD 81.80/KG in India, with India the priciest of the 4 markets tracked in this report.
The global average moved from USD 65.48/KG in Q4 2025 to USD 66.75 in Q1 2026, then to USD 69.88 by Q2, a 6.7% increase across the two quarters.
Abundant domestic supply from established mining and processing facilities kept Chinese pricing easing modestly. The other regions in this report saw broadly comparable pressures, though the specific mix of supply and demand drivers varied from market to market.
Expect a mixed picture through H2 2026, with China easing modestly on ample domestic supply while the United States, Japan, and India continue climbing on import-driven demand.
Regional pricing spans from China at the low end to India at the high end among the 4 markets tracked here. That range comes down mainly to production cost structure, import reliance, and how tight local demand is running, all of which can shift the ranking over time.
Chinese rare earth mining and separation capacity, which dominates global supply; Samarium-cobalt permanent magnet demand, the dominant end use for high-value applications; Chinese export policy and quota decisions, a persistent source of pricing divergence for import-reliant markets, along with broader macroeconomic conditions across the 4 regions this report tracks.
Nuclear reactor control rods represent a smaller but steady application, given samarium's strong neutron absorption properties, adding a demand source distinct from the magnet manufacturing that otherwise dominates consumption.
Samarium-cobalt magnets retain their magnetic properties at far higher temperatures and resist corrosion better than neodymium-iron-boron magnets, even though neodymium magnets offer greater maximum magnetic strength at a lower cost. For aerospace, military, and high-temperature industrial applications where a magnet must perform reliably in extreme conditions, that temperature stability and corrosion resistance outweighs neodymium's strength and cost advantages.
Monthly, though our analysts flag any material shift in feedstock costs or regional demand as soon as it emerges.
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