| Product Code: ETC7503883 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Hungary magnet market, the import trend experienced a notable decline from 2023 to 2024, with a growth rate of -25.0%. However, the compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at a robust 31.61%. This significant decrease in import momentum in 2024 could be attributed to shifting demand patterns or changes in trade policies impacting market stability.

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 Hungary Magnet Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Hungary Magnet Market - Industry Life Cycle |
3.4 Hungary Magnet Market - Porter's Five Forces |
3.5 Hungary Magnet Market Revenues & Volume Share, By Magnet Type, 2022 & 2032F |
3.6 Hungary Magnet Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Hungary Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnets in automotive and electronics industries |
4.2.2 Growth in renewable energy sector leading to higher demand for magnets in wind turbines and electric vehicles |
4.2.3 Technological advancements in magnet materials leading to improved efficiency and performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition among magnet manufacturers leading to pricing pressures |
4.3.3 Environmental regulations affecting the use of certain magnet materials |
5 Hungary Magnet Market Trends |
6 Hungary Magnet Market, By Types |
6.1 Hungary Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Magnet Market Revenues & Volume, By Magnet Type, 2022-2032F |
6.1.3 Hungary Magnet Market Revenues & Volume, By Ferrite, 2022-2032F |
6.1.4 Hungary Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2022-2032F |
6.1.5 Hungary Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2022-2032F |
6.1.6 Hungary Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2022-2032F |
6.2 Hungary Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hungary Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2022-2032F |
6.2.3 Hungary Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2022-2032F |
6.2.4 Hungary Magnet Market Revenues & Volume, By Electric Bicycles, 2022-2032F |
6.2.5 Hungary Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2022-2032F |
6.2.6 Hungary Magnet Market Revenues & Volume, By Wind Turbines, 2022-2032F |
7 Hungary Magnet Market Import-Export Trade Statistics |
7.1 Hungary Magnet Market Export to Major Countries |
7.2 Hungary Magnet Market Imports from Major Countries |
8 Hungary Magnet Market Key Performance Indicators |
8.1 Research and development investment in new magnet technologies |
8.2 Adoption rate of magnets in emerging industries such as healthcare and aerospace |
8.3 Percentage of recycled materials used in magnet production |
9 Hungary Magnet Market - Opportunity Assessment |
9.1 Hungary Magnet Market Opportunity Assessment, By Magnet Type, 2022 & 2032F |
9.2 Hungary Magnet Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Hungary Magnet Market - Competitive Landscape |
10.1 Hungary Magnet Market Revenue Share, By Companies, 2025 |
10.2 Hungary 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.
To discover high-growth global markets and optimize your business strategy:
Click Here