| Product Code: ETC6575362 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Burkina Faso saw a significant increase in neodymium magnet imports, with top exporting countries including South Africa, Netherlands, China, USA, and UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 30.23% from 2020-2024 underscores a rapidly expanding industry. The remarkable growth rate of 216.5% from 2023-2024 suggests a surge in demand for neodymium magnets in Burkina Faso, signaling potential opportunities for market players to capitalize on this trend.
![Burkina Faso Neodymium [nd-fe-b] Magnet Market Top 5 Importing Countries and Market Competition (HHI) Analysis](https://www.6wresearch.com/research-charts/burkina-faso-neodymium-nd-fe-b-magnet-market-top-5-importing-countries-and-market-competition-hhi-analysis.jpg)
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 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market - Industry Life Cycle |
3.4 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market - Porter's Five Forces |
3.5 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for neodymium magnets in industries such as electronics, automotive, and renewable energy sectors |
4.2.2 Technological advancements leading to improved performance and efficiency of neodymium magnets |
4.2.3 Rising investments in infrastructure development and industrial projects in Burkina Faso |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, especially for rare earth elements used in neodymium magnet production |
4.3.2 Environmental concerns and regulations related to the mining and extraction of rare earth elements |
4.3.3 Competition from alternative magnet materials impacting the market growth |
5 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Trends |
6 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market, By Types |
6.1 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Bonded NdFeB Magnet, 2021- 2031F |
6.1.4 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Sintered NdFeB Magnet, 2021- 2031F |
6.1.5 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By healthcare, 2021- 2031F |
6.2.5 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Energy- Mining, 2021- 2031F |
6.2.6 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Others, 2021- 2031F |
7 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Import-Export Trade Statistics |
7.1 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Export to Major Countries |
7.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Imports from Major Countries |
8 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Key Performance Indicators |
8.1 Average selling price of neodymium magnets |
8.2 Adoption rate of neodymium magnets in key industries in Burkina Faso |
8.3 Research and development investments in neodymium magnet technology in the country |
9 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market - Opportunity Assessment |
9.1 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market - Competitive Landscape |
10.1 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Neodymium [Nd-Fe-B] Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |