World - Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
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Permanent magnet market: download recently published info powered by an Ai-driven BI tool. Data contain exports, imports, trade, market size, production, consumption, companies, and market prices. Here is a split by country, including EU, Latin America, the U.K., the Middle East, China, Africa, the U.S., and Russia. Market trends and forecast to 2030 are also provided in the reports.
Permanent Magnet - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Japan |
| 3 | United States |
| 4 | Indonesia |
| 5 | Germany |
In value terms, the largest permanent magnet markets worldwide were China, Japan and the United States, with a combined 51% share of the global market. Indonesia, Germany, Vietnam, Mexico, South Korea, Malaysia, Italy, India, the UK and Russia lagged somewhat behind, together accounting for a further 26%.
In terms of the main consuming countries, Vietnam recorded the highest rates of growth with regard to market size, over the period under review, while permanent magnet market for the other global leaders experienced more modest paces of growth.
Permanent Magnet Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| South Korea | 5.5 | 5.4 | 4.7 | -8.2% |
| Italy | 5.9 | 5.9 | 5.4 | -3.8% |
| China | 9 | 9.1 | 10 | 6.7% |
| Hong Kong SAR | 9.9 | 9.6 | 11 | 4.4% |
| Malaysia | 16 | 12 | 13 | -12.1% |
| Netherlands | 8.1 | 13 | 14 | 31.9% |
| United States | 20 | 17 | 20 | 1.0% |
| Germany | 24 | 23 | 23 | -1.9% |
| Japan | 30 | 30 | 30 | -0.4% |
| Average | 12 | 12 | 13 | 3.4% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($30 per unit), while South Korea ($4.7 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 | ||||
| United States | 25 | 25 | 26 | 2.9% |
| Germany | 16 | 17 | 21 | 16.3% |
| China | 16 | 21 | 21 | 13.7% |
| Thailand | 16 | 15 | 18 | 5.3% |
| Japan | 12 | 18 | 17 | 16.7% |
| Mexico | 10 | 9.5 | 12 | 8.7% |
| Hong Kong SAR | 10 | 11 | 11 | 0.8% |
| Netherlands | 8.7 | 7.4 | 7.5 | -7.5% |
| Vietnam | 8.2 | 8.3 | 5.6 | -17.0% |
| India | 4.4 | 4.6 | 5.2 | 8.1% |
| Italy | 8.9 | 6.1 | 4.9 | -25.6% |
| United Kingdom | 6.4 | 5.1 | 4.2 | -18.5% |
| Indonesia | 4.1 | 3.6 | 2 | -30.4% |
| Average | 12 | 12 | 11 | -4.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($26 per unit), while Indonesia ($2 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.
Permanent Magnet - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Germany | 0.6 | 0.6 | 0.5 | -7.8% |
| Japan | 0.2 | 0.2 | 0.4 | 37.1% |
| United States | 0.5 | 0.5 | 0.4 | -15.1% |
| Vietnam | 0.2 | 0.2 | 0.4 | 22.8% |
| China | 0.3 | 0.3 | 0.3 | -1.1% |
In value terms, the largest permanent magnet importing markets worldwide were Germany ($530M), Japan ($427M) and the United States ($383M), together accounting for 28% of global imports.
Japan recorded 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.
Permanent Magnet - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 2.5 | 2.4 | 2.4 | -2.7% |
| Japan | 0.6 | 0.5 | 0.5 | -14.3% |
| Germany | 0.4 | 0.3 | 0.3 | -7.2% |
| Hong Kong SAR | 0.2 | 0.1 | 0.2 | -1.2% |
| United States | 0.2 | 0.2 | 0.1 | -16.4% |
In value terms, China ($2.4B) remains the largest permanent magnet supplier worldwide, comprising 51% of global exports. The second position in the ranking was occupied by Japan ($458M), with a 9.9% share of global exports. It was followed by Germany, with a 6.7% share.
In China, permanent magnet exports declined by an average annual rate of -2.7% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-14.3% per year) and Germany (-7.2% per year).
Permanent Magnet - Market Forecast
Driven by increasing demand for 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.
Permanent Magnet - Top Companies
Xingtai Roll Small Cold Roller Co., Ltd., Shijiazhuang Zhengzhong Technology Co., Ltd., Dalian Zhongji Metallurgical Co., Ltd., KYOCERA CORPORATION, Tyco International Management Company, LLC, Kohler Co., Foshan Jindesheng Hardware Industry Co., Ltd., Chuzhou Juding Metal Products Co., Ltd., TOTO LTD., Ternium México, S.A. de C.V., Dongguan Jinshengfeng Arts & Crafts Co., Ltd., NGK INSULATORS, LTD., Hubei Dongnuo Industry & Trade Co., Ltd., NGK SPARK PLUG CO., LTD., Shanghai Wangjie Industry & Trade Co., Ltd., Sulzer Mixpac AG, Changchun Rubbing Materials Co., Ltd., Udo Schmidt GmbH & Co. KG, Martinrea International Inc, Geberit Apparate AG
Permanent Magnet - Product Coverage
- HS 850511 - Magnets; permanent magnets and articles intended to become permanent magnets after magnetisation, of metal
- 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 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:
- 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.
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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
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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
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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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Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
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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. ...
