Poland: Non-Metal Permanent Magnet Market 2025

Non-Metal Permanent Magnet Market Size in Poland

The Polish non-metal permanent magnet market skyrocketed to $X in 2021, rising by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Metal Permanent Magnet Exports

Exports from Poland

In 2021, overseas shipments of non-metal permanent magnets were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 144% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-metal permanent magnet exports skyrocketed to $X in 2021. Overall, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 81% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

France (X tons), Germany (X tons) and Russia (X tons) were the main destinations of non-metal permanent magnet exports from Poland, with a combined 62% share of total exports. These countries were followed by Spain, the UK, Austria, Italy, the Czech Republic, Slovakia, Hungary, Romania, Ukraine and Lithuania, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +69.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) were the largest markets for non-metal permanent magnet exported from Poland worldwide, together accounting for 72% of total exports.

The UK, with a CAGR of +75.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-metal permanent magnet export price stood at $X per ton in 2021, surging by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 38% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Metal Permanent Magnet Imports

Imports into Poland

In 2021, non-metal permanent magnet imports into Poland surged to X tons, increasing by 22% compared with the previous year's figure. Overall, imports saw a prominent expansion. The growth pace was the most rapid in 2013 with an increase of 37%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, non-metal permanent magnet imports surged to $X in 2021. In general, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of non-metal permanent magnet to Poland, with a 77% share of total imports. Moreover, non-metal permanent magnet imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), sevenfold. Germany (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.9% per year) and Germany (+5.8% per year).

In value terms, China ($X) constituted the largest supplier of non-metal permanent magnets to Poland, comprising 64% of total imports. The second position in the ranking was held by Germany ($X), with a 10% share of total imports. It was followed by Italy, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.4% per year) and Italy (+1.3% per year).

Import Prices by Country

In 2021, the average non-metal permanent magnet import price amounted to $X per ton, rising by 11% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2018 an increase of 13% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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