| Product Code: ETC6750314 | 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 |
The China permanent magnet import market in 2024 saw a shift towards moderate concentration, with Japan, China, Vietnam, Germany, and the Philippines as key exporters. Despite a challenging CAGR of -11.18% from 2020 to 2024, the growth rate improved in 2024 with a decrease of -20.38% from the previous year. This indicates a more stabilized market with potential for recovery and strategic partnerships among top exporting countries.

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 China Permanent Magnet Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Permanent Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 China Permanent Magnet Market - Industry Life Cycle |
3.4 China Permanent Magnet Market - Porter's Five Forces |
3.5 China Permanent Magnet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Permanent Magnet Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 China 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. |
4.2.2 Technological advancements leading to improved performance and efficiency of permanent magnets. |
4.2.3 Government initiatives and policies promoting the use of permanent magnets in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as rare earth elements used in permanent magnet production. |
4.3.2 Competition from substitute materials or technologies impacting the demand for permanent magnets. |
4.3.3 Environmental concerns related to the mining and processing of raw materials for permanent magnets. |
5 China Permanent Magnet Market Trends |
6 China Permanent Magnet Market, By Types |
6.1 China Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Permanent Magnet Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2021- 2031F |
6.1.4 China Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2021- 2031F |
6.1.5 China Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2021- 2031F |
6.1.6 China Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2021- 2031F |
6.1.7 China Permanent Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 China Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 China Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 China Permanent Magnet Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.2.4 China Permanent Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 China Permanent Magnet Market Revenues & Volume, By Medical Technology, 2021- 2031F |
6.2.6 China Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2021- 2031F |
6.2.7 China Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2021- 2031F |
7 China Permanent Magnet Market Import-Export Trade Statistics |
7.1 China Permanent Magnet Market Export to Major Countries |
7.2 China Permanent Magnet Market Imports from Major Countries |
8 China Permanent Magnet Market Key Performance Indicators |
8.1 Research and development investment in new permanent magnet technologies. |
8.2 Adoption rate of permanent magnets in emerging applications. |
8.3 Growth in demand for electric vehicles and wind turbines, key end-users of permanent magnets in China. |
9 China Permanent Magnet Market - Opportunity Assessment |
9.1 China Permanent Magnet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Permanent Magnet Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 China Permanent Magnet Market - Competitive Landscape |
10.1 China Permanent Magnet Market Revenue Share, By Companies, 2024 |
10.2 China 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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