| Product Code: ETC6404234 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Benin permanent magnet market experienced a steady growth trend in imports from 2020 to 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was 11.85%. Particularly noteworthy was the significant year-on-year growth rate of 414.29% from 2023 to 2024, indicating a substantial surge in imports during that 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 Permanent Magnet Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Permanent Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Benin Permanent Magnet Market - Industry Life Cycle |
3.4 Benin Permanent Magnet Market - Porter's Five Forces |
3.5 Benin Permanent Magnet Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Benin Permanent Magnet Market Revenues & Volume Share, By End-Use, 2022 & 2032F |
4 Benin Permanent Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for permanent magnets in industries such as automotive, electronics, and renewable energy sectors. |
4.2.2 Technological advancements leading to improved efficiency and performance of permanent magnets. |
4.2.3 Government initiatives promoting the use of permanent magnets in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in permanent magnet production. |
4.3.2 Competition from substitute materials impacting the demand for permanent magnets. |
4.3.3 Regulatory challenges related to environmental concerns and sustainability practices in manufacturing permanent magnets. |
5 Benin Permanent Magnet Market Trends |
6 Benin Permanent Magnet Market, By Types |
6.1 Benin Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Benin Permanent Magnet Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Benin Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2022-2032F |
6.1.4 Benin Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2022-2032F |
6.1.5 Benin Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2022-2032F |
6.1.6 Benin Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2022-2032F |
6.1.7 Benin Permanent Magnet Market Revenues & Volume, By Others, 2022-2032F |
6.2 Benin Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Benin Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2022-2032F |
6.2.3 Benin Permanent Magnet Market Revenues & Volume, By General Industrial, 2022-2032F |
6.2.4 Benin Permanent Magnet Market Revenues & Volume, By Automotive, 2022-2032F |
6.2.5 Benin Permanent Magnet Market Revenues & Volume, By Medical Technology, 2022-2032F |
6.2.6 Benin Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2022-2032F |
6.2.7 Benin Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2022-2032F |
7 Benin Permanent Magnet Market Import-Export Trade Statistics |
7.1 Benin Permanent Magnet Market Export to Major Countries |
7.2 Benin Permanent Magnet Market Imports from Major Countries |
8 Benin Permanent Magnet Market Key Performance Indicators |
8.1 Energy efficiency improvements in permanent magnet applications. |
8.2 Adoption rate of permanent magnets in emerging industries. |
8.3 Research and development investments in enhancing permanent magnet properties. |
9 Benin Permanent Magnet Market - Opportunity Assessment |
9.1 Benin Permanent Magnet Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Benin Permanent Magnet Market Opportunity Assessment, By End-Use, 2022 & 2032F |
10 Benin Permanent Magnet Market - Competitive Landscape |
10.1 Benin Permanent Magnet Market Revenue Share, By Companies, 2025 |
10.2 Benin 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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