| Product Code: ETC6317714 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados witnessed a significant surge in permanent magnet imports in 2024, with the USA, Germany, China, Hong Kong, and Curaçao emerging as the top exporting countries. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a competitive landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was an impressive 40.83%, with a remarkable growth rate of 137.38% from 2023 to 2024. This data suggests a robust demand for permanent magnets in Barbados, driven by imports from key global suppliers.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Permanent Magnet Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Permanent Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Permanent Magnet Market - Industry Life Cycle |
3.4 Barbados Permanent Magnet Market - Porter's Five Forces |
3.5 Barbados Permanent Magnet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Permanent Magnet Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Barbados Permanent Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Barbados Permanent Magnet Market Trends |
6 Barbados Permanent Magnet Market, By Types |
6.1 Barbados Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Permanent Magnet Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Barbados Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2021- 2031F |
6.1.4 Barbados Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2021- 2031F |
6.1.5 Barbados Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2021- 2031F |
6.1.6 Barbados Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2021- 2031F |
6.1.7 Barbados Permanent Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Barbados Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Barbados Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Barbados Permanent Magnet Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.2.4 Barbados Permanent Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Barbados Permanent Magnet Market Revenues & Volume, By Medical Technology, 2021- 2031F |
6.2.6 Barbados Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2021- 2031F |
6.2.7 Barbados Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2021- 2031F |
7 Barbados Permanent Magnet Market Import-Export Trade Statistics |
7.1 Barbados Permanent Magnet Market Export to Major Countries |
7.2 Barbados Permanent Magnet Market Imports from Major Countries |
8 Barbados Permanent Magnet Market Key Performance Indicators |
9 Barbados Permanent Magnet Market - Opportunity Assessment |
9.1 Barbados Permanent Magnet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Permanent Magnet Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Barbados Permanent Magnet Market - Competitive Landscape |
10.1 Barbados Permanent Magnet Market Revenue Share, By Companies, 2024 |
10.2 Barbados Permanent Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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