Romania: Metal Permanent Magnet Market 2025

Metal Permanent Magnet Market Size in Romania

After six years of growth, the Romanian metal permanent magnet market decreased by -11.8% to $X in 2022. Overall, consumption, however, continues to indicate prominent growth. Over the period under review, the market attained the peak level at $X in 2021, and then contracted in the following year.

Metal Permanent Magnet Exports

Exports from Romania

Metal permanent magnet exports from Romania surged to X tons in 2022, picking up by 21% on the previous year. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 223%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, metal permanent magnet exports rose modestly to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 135%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X tons), Italy (X tons) and Poland (X tons) were the main destinations of metal permanent magnet exports from Romania, with a combined 80% share of total exports. Bulgaria, Austria, the Czech Republic, Hungary, Slovakia and Moldova lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +240.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for metal permanent magnets exports from Romania, comprising 60% of total exports. The second position in the ranking was held by Italy ($X), with an 11% share of total exports. It was followed by Austria, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+89.8% per year) and Austria (+89.9% per year).

Export Prices by Country

The average metal permanent magnet export price stood at $X per ton in 2022, which is down by -15.4% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 63% against the previous year. The export price peaked at $X per ton in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+84.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Permanent Magnet Imports

Imports into Romania

In 2022, supplies from abroad of metal permanent magnets decreased by -18.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of 64%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank remarkably in the following year.

In value terms, metal permanent magnet imports contracted to $X in 2022. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 91% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined slightly in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest metal permanent magnet supplier to Romania, accounting for a 55% share of total imports. Moreover, metal permanent magnet imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. China (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+37.0% per year) and China (+0.3% per year).

In value terms, Germany ($X) constituted the largest supplier of metal permanent magnets to Romania, comprising 74% of total imports. The second position in the ranking was taken by China ($X), with a 7.6% share of total imports. It was followed by Italy, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.9% per year) and Italy (+26.7% per year).

Import Prices by Country

In 2022, the average metal permanent magnet import price amounted to $X per ton, surging by 19% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 65% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Slovenia ($X per ton), while the price for Poland ($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 (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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