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World - Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights

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May 28, 2018

Which Country Imports the Most Permanent Magnets in the World?

IndexBox has just published a new report "World: Permanent Magnets - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, global permanent magnet imports attained its maximum volume of X tons in 2007- however, from 2008 to 2016, it failed to regain its strength.

In value terms, permanent magnet imports stood at $X in 2016. Overall, it indicated a noticeable expansion from 2007 to 2016: the total imports value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, permanent magnet imports decreased by -X% against its level of 2012. Over the period under review, global permanent magnet imports reached its maximum level of $X in 2012- however, from 2013 to 2016, it stood at a somewhat lower level.

Top Permanent Magnet Importing Countries in the World

X. China (X million USD)

X. Germany (X million USD)

X. Japan (X million USD)

X. Mexico (X million USD)

X. China, Hong Kong SAR (X million USD)

X. Thailand (X million USD)

X. South Korea (X million USD)

X. Czech Republic (X million USD)

X. France (X million USD)

X. Italy (X million USD)

X. India (X million USD)

X. Singapore (X million USD)

Permanent Magnet Imports By Country

In 2016, China (X tons) was the key importer for permanent magnet, mixed up X% of total imports. Japan (X tons) ranks second globally in permanent magnet imports with a X% share, following Germany (X%), South Korea (X%), and Mexico (X%). China, Hong Kong SAR (X tons), Singapore (X tons), India (X tons), Thailand (X tons), Italy (X tons), France (X tons), and Czech Republic (X tons) held the slight share of total imports.

From 2007 to 2016, average annual rates of growth with regard to permanent magnet imports into China stood at -X%. At the same time, Singapore (+X%), Czech Republic (+X%), India (+X%), Germany (+X%), Italy (+X%), and Thailand (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Mexico, South Korea, and Japan experienced a relatively flat trend pattern. By contrast, France (-X%), and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2016, the share of China, Hong Kong SAR, and China increased by X%, and X% percentage points, while Germany (-X%), and Singapore (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Japan ($X) appeared as the countries with the highest levels of imports in 2016, with a combined X% share of global imports. These countries were followed by Mexico, China, Hong Kong SAR, Thailand, South Korea, Czech Republic, France, Italy, India and Singapore, which together accounted for a further X%.

Czech Republic (+X% per year) had the highest rates of growth with regard to the permanent magnet imports, among the main importing countries, over the last X years, while the other global leaders experienced more modest paces of growth.

Permanent Magnet Import Prices By Country

The average permanent magnet import price stood at $X per ton in 2016, standing approx. at the previous year level. Overall, it indicated a notable expansion from 2007 to 2016: the import price value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, permanent magnet import price decreased by -X% against its level of 2012. The pace of growth was the most pronounced in 2011, when import increased by X% year-to-year. Global permanent magnet import peaked of $X per kg in 2012- however, from 2013 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Germany ($X per kg), while Singapore ($X per ton) was among the lowest.

From 2007 to 2016, the most notable growth rate of permanent magnet import prices was attained by China, Hong Kong SAR (+X% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global permanent magnet market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • permanent magnet market share
  • permanent magnet prices
  • permanent magnet industry
  • permanent magnet sales
  • permanent magnet import
  • permanent magnet export
  • permanent magnet market forecast
  • permanent magnet price forecast
  • key permanent magnet producers

All data provided in this article covers the following product: HS Code X - Electro-magnets- permanent magnets, intended permanent magnets- electro-magnetic, permanent magnet chucks, clamps, similar- electromagnetic couplings, clutches, brakes- electro-magnetic lifting heads.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global permanent magnet market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)
  • Prodcom 25992995 - Permanent magnets and articles intended to become permanent magnets, of metal

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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