World - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
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Non-metal permanent magnet market: download recently published statistics secured by an Ai-driven business intelligence platform. Facts and figures cover imports, companies, consumption, market prices, exports, production, market size, and trade. There is a breakdown by country, including Russia, the Middle East, Africa, EU, the U.K., Latin America, the U.S., and China. Market trends and forecast to 2030 are also featured in the snapshots.
Non-metal Permanent Magnet - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | Japan |
| 4 | Russia |
| 5 | Vietnam |
In value terms, the United States, China and Japan constituted the countries with the highest levels of market value in 2020, with a combined 41% share of the global market. Russia, Vietnam, Mexico, Malaysia, Italy, Hungary, India, Indonesia, Poland and Turkey lagged somewhat behind, together accounting for a further 23%.
Vietnam saw the highest growth rate of market size, among the main consuming countries over the period under review, while non-metal permanent magnet market for the other global leaders experienced more modest paces of growth.
Non-Metal Permanent Magnet Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 2.5 | 2.6 | 2.8 | 5.5% |
| Italy | 3.9 | 3.8 | 3.9 | 0.9% |
| Malaysia | 6.4 | 4.8 | 4 | -21.0% |
| South Korea | 4.5 | 4.6 | 4.1 | -3.9% |
| Netherlands | 4.8 | 5.8 | 5.8 | 9.8% |
| Hong Kong SAR | 9.5 | 9 | 7.6 | -10.7% |
| United States | 12 | 11 | 11 | -0.8% |
| Germany | 11 | 12 | 12 | 2.1% |
| Japan | 12 | 13 | 14 | 9.4% |
| Philippines | 36 | 24 | 20 | -25.0% |
| Average | 4.9 | 5 | 5.2 | 2.9% |
Prices varied noticeably by the country of origin; the country with the highest price was the Philippines ($20 per unit), while China ($2.8 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Germany | 6.1 | 6.9 | 8.6 | 18.5% |
| China | 8.3 | 8.5 | 8 | -1.4% |
| Hong Kong SAR | 6.1 | 7 | 7.6 | 11.2% |
| Mexico | 4.7 | 6.1 | 5 | 2.3% |
| Hungary | 6.3 | 6.6 | 3.8 | -22.6% |
| Poland | 3.7 | 3.7 | 3.7 | -0.6% |
| India | 3.5 | 3.7 | 3.7 | 3.2% |
| Japan | 6.8 | 7.8 | 3.2 | -30.8% |
| Vietnam | 4.1 | 4.2 | 2.8 | -18.1% |
| Italy | 3.7 | 3.2 | 2.6 | -16.1% |
| Netherlands | 3 | 2.7 | 2.5 | -8.5% |
| Turkey | 2.1 | 1.8 | 1.9 | -2.9% |
| Indonesia | 2.7 | 2.4 | 1.3 | -31.8% |
| Average | 5.8 | 5.9 | 4.8 | -9.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Germany ($8.6 per unit), while Indonesia ($1.3 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Non-Metal Permanent Magnet - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Vietnam | 0.08 | 0.09 | 0.1 | 27.6% |
| Germany | 0.2 | 0.2 | 0.1 | -15.2% |
| Hong Kong SAR | 0.09 | 0.1 | 0.09 | 0.9% |
| China | 0.1 | 0.09 | 0.09 | -14.8% |
| Mexico | 0.07 | 0.08 | 0.06 | -5.2% |
In value terms, the largest non-metal permanent magnet importing markets worldwide were Vietnam ($137M), Germany ($124M) and Hong Kong SAR ($92M), with a combined 25% share of global imports.
Vietnam saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Non-Metal Permanent Magnet - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 0.4 | 0.4 | 0.4 | -5.3% |
| Germany | 0.1 | 0.1 | 0.1 | -4.4% |
| South Korea | 0.1 | 0.1 | 0.1 | -15.1% |
| Hong Kong SAR | 0.1 | 0.1 | 0.09 | -21.2% |
| Philippines | 0.06 | 0.1 | 0.08 | 13.5% |
In value terms, China ($377M) remains the largest non-metal permanent magnet supplier worldwide, comprising 32% of global exports. The second position in the ranking was occupied by Germany ($108M), with a 9.1% share of global exports. It was followed by South Korea, with a 8.2% share.
In China, non-metal permanent magnet exports declined by an average annual rate of -5.3% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-4.4% per year) and South Korea (-15.1% per year).
Non-Metal Permanent Magnet - Market Forecast
Driven by increasing demand for non-metal permanent magnet worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Non-Metal Permanent Magnet - Top Companies
KYOCERA CORPORATION, TOTO LTD., Dongguan Jinshengfeng Arts & Crafts Co., Ltd., NGK INSULATORS, LTD., NGK SPARK PLUG CO., LTD., As America, Inc., Wuhan Jiafang Im & Ex Co.,Ltd., Hitachi Metals America, Ltd., Shanghai Top Bonechina Co., Ltd., WAVIN MIDDLE EAST FZE DMCC BRANCH, Villeroy & Boch AG, HENGDIAN GROUP DMEGC MAGNETICS CO.,LTD, Coorstek, LLC, WMF Group GmbH, NGK CERAMICS POLSKA SP Z O O, Duravit AG, Yongxiu County Yunshan Glass Fiber Reinforced Plastic Factory, Liling Huarui Ceramic Industry Co.,Ltd., ROCA SANITARIO SA, Monalisa Group Co.,Ltd
Non-metal Permanent Magnet - Product Coverage
- HS 850519 - Magnets; permanent magnets and articles intended to become permanent magnets after magnetisation, other than of metal
This report provides an in-depth analysis of the global non-metal 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)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- 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
+ 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. 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
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
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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. ...
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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. ...
