| Product Code: ETC6400753 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import trend of the Benin magnet market in Benin from 2020 to 2024 witnessed a steady increase. The compound annual growth rate (CAGR) from 2020 to 2024 was 11.85%. Notably, the year-on-year growth rate spiked significantly from 2023 to 2024, reaching 414.29%. These growth rates indicate a substantial rise in imports of magnets during the specified period.

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 Benin Magnet Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Magnet Market - Industry Life Cycle |
3.4 Benin Magnet Market - Porter's Five Forces |
3.5 Benin Magnet Market Revenues & Volume Share, By Magnet Type, 2022 & 2032F |
3.6 Benin Magnet Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Benin Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing use of magnets in industries such as automotive, electronics, and healthcare |
4.2.2 Growing demand for energy-efficient technologies driving the adoption of magnets |
4.2.3 Technological advancements leading to the development of high-performance magnets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in magnet production |
4.3.2 Environmental concerns related to the mining and processing of magnet materials |
4.3.3 Intense competition from substitute materials in certain applications |
5 Benin Magnet Market Trends |
6 Benin Magnet Market, By Types |
6.1 Benin Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Magnet Market Revenues & Volume, By Magnet Type, 2022-2032F |
6.1.3 Benin Magnet Market Revenues & Volume, By Ferrite, 2022-2032F |
6.1.4 Benin Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2022-2032F |
6.1.5 Benin Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2022-2032F |
6.1.6 Benin Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2022-2032F |
6.2 Benin Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2022-2032F |
6.2.3 Benin Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2022-2032F |
6.2.4 Benin Magnet Market Revenues & Volume, By Electric Bicycles, 2022-2032F |
6.2.5 Benin Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2022-2032F |
6.2.6 Benin Magnet Market Revenues & Volume, By Wind Turbines, 2022-2032F |
7 Benin Magnet Market Import-Export Trade Statistics |
7.1 Benin Magnet Market Export to Major Countries |
7.2 Benin Magnet Market Imports from Major Countries |
8 Benin Magnet Market Key Performance Indicators |
8.1 Research and development investment in magnet technology |
8.2 Adoption rate of magnets in new applications or industries |
8.3 Percentage of recycled materials used in magnet production |
8.4 Energy efficiency improvements achieved through magnet utilization |
8.5 Number of patents filed for innovative magnet designs |
9 Benin Magnet Market - Opportunity Assessment |
9.1 Benin Magnet Market Opportunity Assessment, By Magnet Type, 2022 & 2032F |
9.2 Benin Magnet Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Benin Magnet Market - Competitive Landscape |
10.1 Benin Magnet Market Revenue Share, By Companies, 2025 |
10.2 Benin 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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