| Product Code: ETC6770030 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia neodymium iron boron magnet import market in 2024 continued to be dominated by key players such as China, Germany, USA, Italy, and Japan. With a high Herfindahl-Hirschman Index (HHI) indicating concentrated market power, the industry experienced impressive growth with a Compound Annual Growth Rate (CAGR) of 20.71% from 2020 to 2024. Notably, the growth rate for 2023-24 surged to 29.82%, reflecting a strong upward trend in import shipments for these magnets into Colombia.

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 Colombia Neodymium Iron Boron Magnet Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Neodymium Iron Boron Magnet Market - Industry Life Cycle |
3.4 Colombia Neodymium Iron Boron Magnet Market - Porter's Five Forces |
3.5 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Neodymium Iron Boron Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for neodymium iron boron magnets in consumer electronics and automotive industries |
4.2.2 Growing focus on renewable energy and electric vehicles driving the demand for neodymium iron boron magnets |
4.2.3 Technological advancements leading to improved performance and efficiency of neodymium iron boron magnets |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost of neodymium iron boron magnets |
4.3.2 Environmental concerns related to the mining and extraction of rare earth elements like neodymium |
4.3.3 Intense competition from substitute materials like ferrite magnets affecting the market growth |
5 Colombia Neodymium Iron Boron Magnet Market Trends |
6 Colombia Neodymium Iron Boron Magnet Market, By Types |
6.1 Colombia Neodymium Iron Boron Magnet Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Automobile, 2021- 2031F |
6.1.4 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Electronics, 2021- 2031F |
6.1.5 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Power Generators, 2021- 2031F |
6.1.6 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Medical Industry, 2021- 2031F |
6.1.7 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Wind Power, 2021- 2031F |
6.1.8 Colombia Neodymium Iron Boron Magnet Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Neodymium Iron Boron Magnet Market Import-Export Trade Statistics |
7.1 Colombia Neodymium Iron Boron Magnet Market Export to Major Countries |
7.2 Colombia Neodymium Iron Boron Magnet Market Imports from Major Countries |
8 Colombia Neodymium Iron Boron Magnet Market Key Performance Indicators |
8.1 Average selling price of neodymium iron boron magnets |
8.2 Adoption rate of neodymium iron boron magnets in new applications |
8.3 Innovation rate in neodymium iron boron magnet technology |
9 Colombia Neodymium Iron Boron Magnet Market - Opportunity Assessment |
9.1 Colombia Neodymium Iron Boron Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Neodymium Iron Boron Magnet Market - Competitive Landscape |
10.1 Colombia Neodymium Iron Boron Magnet Market Revenue Share, By Companies, 2024 |
10.2 Colombia Neodymium Iron Boron Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |