| Product Code: ETC6774549 | 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 import shipments of samarium cobalt magnets continued to show strong growth in 2024, with top exporting countries including China, Germany, USA, Italy, and Japan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 20.71% from 2020 to 2024 underscores the increasing demand for these magnets. The notable growth rate of 29.82% from 2023 to 2024 suggests a thriving market outlook, making Colombia an attractive destination for suppliers in the samarium cobalt magnet industry.

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 Samarium Cobalt Magnets Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Samarium Cobalt Magnets Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Samarium Cobalt Magnets Market - Industry Life Cycle |
3.4 Colombia Samarium Cobalt Magnets Market - Porter's Five Forces |
3.5 Colombia Samarium Cobalt Magnets Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Samarium Cobalt Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics and automotive industries driving the need for samarium cobalt magnets |
4.2.2 Growing focus on renewable energy sources leading to the adoption of samarium cobalt magnets in wind turbines and electric vehicles |
4.2.3 Technological advancements and innovations in the manufacturing processes improving the efficiency and performance of samarium cobalt magnets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of rare earth elements impacting the cost of production of samarium cobalt magnets |
4.3.2 Intense competition from other types of magnets such as neodymium magnets affecting the market share of samarium cobalt magnets |
4.3.3 Environmental concerns and regulations related to the mining and extraction of rare earth elements posing challenges to the sourcing of raw materials for samarium cobalt magnets |
5 Colombia Samarium Cobalt Magnets Market Trends |
6 Colombia Samarium Cobalt Magnets Market, By Types |
6.1 Colombia Samarium Cobalt Magnets Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Colombia Samarium Cobalt Magnets Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Colombia Samarium Cobalt Magnets Market Revenues & Volume, By Defense, 2021- 2031F |
6.1.4 Colombia Samarium Cobalt Magnets Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.1.5 Colombia Samarium Cobalt Magnets Market Revenues & Volume, By Electronics, 2021- 2031F |
6.1.6 Colombia Samarium Cobalt Magnets Market Revenues & Volume, By Medical Devices, 2021- 2031F |
6.1.7 Colombia Samarium Cobalt Magnets Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Samarium Cobalt Magnets Market Import-Export Trade Statistics |
7.1 Colombia Samarium Cobalt Magnets Market Export to Major Countries |
7.2 Colombia Samarium Cobalt Magnets Market Imports from Major Countries |
8 Colombia Samarium Cobalt Magnets Market Key Performance Indicators |
8.1 Rate of adoption of samarium cobalt magnets in new applications and industries |
8.2 Efficiency improvements in the manufacturing process of samarium cobalt magnets |
8.3 Number of patents filed for innovations in samarium cobalt magnet technology |
9 Colombia Samarium Cobalt Magnets Market - Opportunity Assessment |
9.1 Colombia Samarium Cobalt Magnets Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Samarium Cobalt Magnets Market - Competitive Landscape |
10.1 Colombia Samarium Cobalt Magnets Market Revenue Share, By Companies, 2024 |
10.2 Colombia Samarium Cobalt Magnets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |