| Product Code: ETC6771944 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia permanent magnet import market saw significant growth in 2024, with top exporting countries including China, Germany, USA, Italy, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 7.71%, with a notable growth rate of 25.01% from 2023 to 2024. This data suggests a strong demand for permanent magnets in Colombia, driven by imports from key global players.

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 Permanent Magnet Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Permanent Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Permanent Magnet Market - Industry Life Cycle |
3.4 Colombia Permanent Magnet Market - Porter's Five Forces |
3.5 Colombia Permanent Magnet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Permanent Magnet Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Colombia 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 Growing investments in infrastructure development and manufacturing sectors in Colombia |
4.2.3 Technological advancements leading to the development of more efficient and cost-effective permanent magnets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in permanent magnet production |
4.3.2 Intense competition from international market players |
4.3.3 Regulatory challenges and environmental concerns related to the production and disposal of permanent magnets |
5 Colombia Permanent Magnet Market Trends |
6 Colombia Permanent Magnet Market, By Types |
6.1 Colombia Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Permanent Magnet Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Colombia Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2021- 2031F |
6.1.4 Colombia Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2021- 2031F |
6.1.5 Colombia Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2021- 2031F |
6.1.6 Colombia Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2021- 2031F |
6.1.7 Colombia Permanent Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Colombia Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Colombia Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Colombia Permanent Magnet Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.2.4 Colombia Permanent Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Colombia Permanent Magnet Market Revenues & Volume, By Medical Technology, 2021- 2031F |
6.2.6 Colombia Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2021- 2031F |
6.2.7 Colombia Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2021- 2031F |
7 Colombia Permanent Magnet Market Import-Export Trade Statistics |
7.1 Colombia Permanent Magnet Market Export to Major Countries |
7.2 Colombia Permanent Magnet Market Imports from Major Countries |
8 Colombia Permanent Magnet Market Key Performance Indicators |
8.1 Percentage increase in research and development investments in permanent magnet technologies |
8.2 Adoption rate of permanent magnets in new applications and industries in Colombia |
8.3 Growth in the number of patents filed for innovations in permanent magnet materials and manufacturing processes |
9 Colombia Permanent Magnet Market - Opportunity Assessment |
9.1 Colombia Permanent Magnet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Permanent Magnet Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Colombia Permanent Magnet Market - Competitive Landscape |
10.1 Colombia Permanent Magnet Market Revenue Share, By Companies, 2024 |
10.2 Colombia 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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