Slovenia: Permanent Magnet Market 2020

Permanent Magnet Market Size in Slovenia

The revenue of the permanent magnet market in Slovenia amounted to $X in 2018, shrinking by -X% 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, permanent magnet consumption, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Slovenia permanent magnet consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Permanent Magnet Exports

Exports from Slovenia

Permanent magnet exports from Slovenia totaled X tons in 2018, dropping by -X% against the previous year. Over the period under review, permanent magnet exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Slovenia exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, permanent magnet exports amounted to $X in 2018. In general, permanent magnet exports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Slovenia exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China dominates permanent magnet exports structure, finishing at X tons, which was approx. X% of total exports in 2018. South Korea (X tons) took an X% share (based on tons) of total exports, which put it in second place, followed by Japan (X%). Germany (X tons), Malaysia (X tons), Italy (X tons), the U.S. (X tons) and the Netherlands (X tons) occupied a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to permanent magnet exports from China stood at +X%. At the same time, Malaysia (+X%), South Korea (+X%), the Netherlands (+X%), Germany (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), South Korea (+X p.p.) and Malaysia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest permanent magnet supplier from Slovenia, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Germany (+X% per year).

Export Prices by Country

The permanent magnet export price in Slovenia stood at $X per ton in 2018, rising by X% against the previous year. In general, the export price indicated a remarkable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Over the period under review, the export prices for permanent magnets attained their peak figure in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Permanent Magnet Imports

Imports into Slovenia

In 2018, approx. X tons of permanent magnets were imported into Slovenia; shrinking by -X% against the previous year. Over the period under review, permanent magnet imports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Slovenia imports peaked at X tons in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, permanent magnet imports stood at $X in 2018. In general, permanent magnet imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, permanent magnet imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

The imports of the twelve major importers of permanent magnets, namely the U.S., Mexico, Germany, India, Malaysia, Vietnam, China, Hong Kong SAR, China, Thailand, Japan, Italy and South Korea, represented more than two-thirds of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest permanent magnet importing markets into Slovenia were Germany ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Thailand, China, Hong Kong SAR, Mexico, South Korea, Vietnam, Malaysia, Japan, Italy, India and Slovenia, which together accounted for a further X the main importing countries, Vietnam recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the permanent magnet import price in Slovenia amounted to $X per ton, increasing by X% against the previous year. In general, the permanent magnet import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the import prices for permanent magnets reached their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform