| Product Code: ETC7507364 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hungary`s import trend for the permanent magnet market exhibited a growth rate of 17.42%, with a compound annual growth rate (CAGR) of 18.3% from 2020 to 2024. This surge may be attributed to a notable demand shift towards permanent magnets in various industries, indicating a favorable import momentum driven by increased market stability and industry requirements.

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 Permanent Magnet Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Permanent Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Hungary Permanent Magnet Market - Industry Life Cycle |
3.4 Hungary Permanent Magnet Market - Porter's Five Forces |
3.5 Hungary Permanent Magnet Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Hungary Permanent Magnet Market Revenues & Volume Share, By End-Use, 2022 & 2032F |
4 Hungary Permanent Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for permanent magnets in automotive and electronics industries |
4.2.2 Technological advancements leading to improved efficiency and performance of permanent magnets |
4.2.3 Growing focus on renewable energy sources driving the demand for permanent magnets in wind turbines and electric vehicles |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in permanent magnet production |
4.3.2 Intense competition from manufacturers in other countries |
4.3.3 Regulatory challenges related to environmental impact and waste management in permanent magnet production |
5 Hungary Permanent Magnet Market Trends |
6 Hungary Permanent Magnet Market, By Types |
6.1 Hungary Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Permanent Magnet Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Hungary Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2022-2032F |
6.1.4 Hungary Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2022-2032F |
6.1.5 Hungary Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2022-2032F |
6.1.6 Hungary Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2022-2032F |
6.1.7 Hungary Permanent Magnet Market Revenues & Volume, By Others, 2022-2032F |
6.2 Hungary Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Hungary Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2022-2032F |
6.2.3 Hungary Permanent Magnet Market Revenues & Volume, By General Industrial, 2022-2032F |
6.2.4 Hungary Permanent Magnet Market Revenues & Volume, By Automotive, 2022-2032F |
6.2.5 Hungary Permanent Magnet Market Revenues & Volume, By Medical Technology, 2022-2032F |
6.2.6 Hungary Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2022-2032F |
6.2.7 Hungary Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2022-2032F |
7 Hungary Permanent Magnet Market Import-Export Trade Statistics |
7.1 Hungary Permanent Magnet Market Export to Major Countries |
7.2 Hungary Permanent Magnet Market Imports from Major Countries |
8 Hungary Permanent Magnet Market Key Performance Indicators |
8.1 Average selling price of permanent magnets in Hungary |
8.2 Percentage of permanent magnets sourced from domestic suppliers |
8.3 Number of patents filed for new permanent magnet technologies in Hungary |
9 Hungary Permanent Magnet Market - Opportunity Assessment |
9.1 Hungary Permanent Magnet Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Hungary Permanent Magnet Market Opportunity Assessment, By End-Use, 2022 & 2032F |
10 Hungary Permanent Magnet Market - Competitive Landscape |
10.1 Hungary Permanent Magnet Market Revenue Share, By Companies, 2025 |
10.2 Hungary 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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