Report Update Jan 1, 2025

Malaysia - Permanent Magnets of Metal - Market Analysis, Forecast, Size, Trends and Insights

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Malaysia: Metal Permanent Magnet Market 2025

Metal Permanent Magnet Market Size in Malaysia

In 2022, the Malaysian metal permanent magnet market decreased by -6.4% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a pronounced decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Permanent Magnet Production in Malaysia

In value terms, metal permanent magnet production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by 201%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Metal Permanent Magnet Exports

Exports from Malaysia

In 2022, metal permanent magnet exports from Malaysia skyrocketed to X tons, picking up by 1,578% on 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal permanent magnet exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 53%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X tons) was the main destination for metal permanent magnet exports from Malaysia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to +355.0%.

In value terms, Myanmar ($X) emerged as the key foreign market for metal permanent magnets exports from Malaysia.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at +384.4%.

Export Prices by Country

In 2022, the average metal permanent magnet export price amounted to $X per ton, falling by -94.1% against the previous year. Overall, the export price showed a precipitous decline. The growth pace was the most rapid in 2020 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +6.5% per year.

Metal Permanent Magnet Imports

Imports into Malaysia

Metal permanent magnet imports into Malaysia contracted to X tons in 2022, waning by -8.3% compared with the previous year. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, metal permanent magnet imports reduced to $X in 2022. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Japan (X tons) and Singapore (X tons) were the main suppliers of metal permanent magnet imports to Malaysia, with a combined 97% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +1.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest metal permanent magnet suppliers to Malaysia were Japan ($X), China ($X) and Singapore ($X), together accounting for 97% of total imports.

China, with a CAGR of +2.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal permanent magnet import price stood at $X per ton in 2022, dropping by -6.7% against the previous year. Overall, the import price recorded a mild decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for metal permanent magnets in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 48% of global consumption. These countries were followed by Mexico, Indonesia, Japan, Germany, Canada, Saudi Arabia, Italy, South Korea, the Philippines and Thailand, which together accounted for a further 30%.

What are the largest producers of metal permanent magnets in the world?

China remains the largest metal permanent magnet producing country worldwide, comprising approx. 50% of total volume. Moreover, metal permanent magnet production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. India ranked third in terms of total production with a 7.9% share.

What are the leading suppliers of metal permanent magnets to Malaysia?

In value terms, the largest metal permanent magnet suppliers to Malaysia were Japan, China and Vietnam, with a combined 88% share of total imports.

What are the leading importers of metal permanent magnets from Malaysia?

In value terms, Japan remains the key foreign market for metal permanent magnet exports from Malaysia, comprising 42% of total exports. The second position in the ranking was occupied by the Philippines, with a 16% share of total exports. It was followed by China, with a 12% share.

What is the average export price for metal permanent magnets in Malaysia?

In 2021, the average metal permanent magnet export price amounted to $70 per unit, shrinking by -12% against the previous year.

What is the average import price for metal permanent magnets in Malaysia?

In 2021, the average metal permanent magnet import price amounted to $30 per unit, with an increase of 4.5% against the previous year.

This report provides an in-depth analysis of the metal permanent magnet market in Malaysia. 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 25992995 - Permanent magnets and articles intended to become permanent magnets, of metal

Country coverage:

Malaysia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Malaysia
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024