| Product Code: ETC5828484 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Hong Kong permanent magnets import market in 2024 continued to be dominated by key exporters such as China, Philippines, Japan, South Korea, and India. The market concentration, as measured by the HHI, significantly increased from 2023 to 2024, indicating a very high level of concentration among these top exporting countries. The negative CAGR and growth rate suggest a decline in import volumes over the period, reflecting potential challenges or shifts in market dynamics. Monitoring the strategies of these key exporters and market trends will be crucial for stakeholders in the permanent magnets industry in Hong Kong.

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 Hong Kong Permanent Magnets Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Permanent Magnets Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Permanent Magnets Market - Industry Life Cycle |
3.4 Hong Kong Permanent Magnets Market - Porter's Five Forces |
3.5 Hong Kong Permanent Magnets Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Hong Kong Permanent Magnets Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Hong Kong Permanent Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for permanent magnets in consumer electronics and automotive industries |
4.2.2 Growing adoption of renewable energy sources driving the demand for permanent magnets in wind turbines and electric vehicles |
4.2.3 Technological advancements leading to the development of high-performance permanent magnets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of permanent magnets |
4.3.2 Intense competition from substitute materials like electromagnets and superconductors |
5 Hong Kong Permanent Magnets Market Trends |
6 Hong Kong Permanent Magnets Market Segmentations |
6.1 Hong Kong Permanent Magnets Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Permanent Magnets Market Revenues & Volume, By Ferrite, 2021-2031F |
6.1.3 Hong Kong Permanent Magnets Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021-2031F |
6.1.4 Hong Kong Permanent Magnets Market Revenues & Volume, By Aluminum Nickel Cobalt (Alnico), 2021-2031F |
6.1.5 Hong Kong Permanent Magnets Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021-2031F |
6.2 Hong Kong Permanent Magnets Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Permanent Magnets Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Hong Kong Permanent Magnets Market Revenues & Volume, By Consumer Goods & Electronics, 2021-2031F |
6.2.4 Hong Kong Permanent Magnets Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Hong Kong Permanent Magnets Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Hong Kong Permanent Magnets Market Revenues & Volume, By Energy, 2021-2031F |
6.2.7 Hong Kong Permanent Magnets Market Revenues & Volume, By Medical, 2021-2031F |
7 Hong Kong Permanent Magnets Market Import-Export Trade Statistics |
7.1 Hong Kong Permanent Magnets Market Export to Major Countries |
7.2 Hong Kong Permanent Magnets Market Imports from Major Countries |
8 Hong Kong Permanent Magnets Market Key Performance Indicators |
8.1 Average selling price of permanent magnets in the Hong Kong market |
8.2 Percentage of permanent magnets sourced from sustainable and ethical supply chains |
8.3 Research and development investment in new magnet technologies |
9 Hong Kong Permanent Magnets Market - Opportunity Assessment |
9.1 Hong Kong Permanent Magnets Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Hong Kong Permanent Magnets Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Hong Kong Permanent Magnets Market - Competitive Landscape |
10.1 Hong Kong Permanent Magnets Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Permanent Magnets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |