| Product Code: ETC7635230 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |

Ireland's Neodymium Iron Boron Magnet Market experienced a downward trend from 2020 to 2024, with market size decreasing from €4.89 million in 2020 to €4.28 million in 2024. This decline can be attributed to various factors such as economic uncertainties and supply chain disruptions. However, the market saw a significant turnaround from 2025 to 2030, with forecasted market size reaching €13.30 million in 2030. The Compound Annual Growth Rate (CAGR) for the period 2022-2024 was 18.80%, while the CAGR for 2025-2030 is projected at 20.80%. Industry drivers such as increasing demand for energy-efficient technologies and advancements in renewable energy sources are expected to fuel the market's growth. Looking ahead, upcoming projects in Ireland focusing on sustainable energy solutions are set to further boost the Neodymium Iron Boron Magnet Market in the country.

The Ireland Neodymium Iron Boron Magnet Market witnessed fluctuations in both Exports and Imports from 2019 to 2025. In 2019, Exports stood at approximately €623.59 thousand and Imports at €3.54 million, with a notable surge in 2020 to €1.5 million for Exports and €6.38 million for Imports. However, starting in 2021, Exports slightly increased to €1.53 million, while Imports decreased to €2.57 million, showcasing a reversal in the trend observed in the previous year. By 2023, both Exports and Imports decreased compared to the previous year. The year 2024 marked a further decline in Exports to €358.64 thousand, while Imports slightly increased to €4.08 million. In 2025, Exports dropped to around €335.57 thousand, while Imports rose to approximately €4.12 million. The negative CAGR for Exports and Imports during 2022-2024 further emphasizes the challenging market conditions, potentially influenced by global supply chain disruptions and fluctuations in demand for neodymium iron boron magnets in various industries. This could be linked to shifts in renewable energy investments, technological advancements impacting magnet usage, and evolving trade policies affecting import volumes.
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 Ireland Neodymium Iron Boron Magnet Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Neodymium Iron Boron Magnet Market - Industry Life Cycle |
3.4 Ireland Neodymium Iron Boron Magnet Market - Porter's Five Forces |
3.5 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Neodymium Iron Boron Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ireland Neodymium Iron Boron Magnet Market Trends |
6 Ireland Neodymium Iron Boron Magnet Market, By Types |
6.1 Ireland Neodymium Iron Boron Magnet Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Automobile, 2021- 2031F |
6.1.4 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Electronics, 2021- 2031F |
6.1.5 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Power Generators, 2021- 2031F |
6.1.6 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Medical Industry, 2021- 2031F |
6.1.7 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Wind Power, 2021- 2031F |
6.1.8 Ireland Neodymium Iron Boron Magnet Market Revenues & Volume, By Others, 2021- 2031F |
7 Ireland Neodymium Iron Boron Magnet Market Import-Export Trade Statistics |
7.1 Ireland Neodymium Iron Boron Magnet Market Export to Major Countries |
7.2 Ireland Neodymium Iron Boron Magnet Market Imports from Major Countries |
8 Ireland Neodymium Iron Boron Magnet Market Key Performance Indicators |
9 Ireland Neodymium Iron Boron Magnet Market - Opportunity Assessment |
9.1 Ireland Neodymium Iron Boron Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Neodymium Iron Boron Magnet Market - Competitive Landscape |
10.1 Ireland Neodymium Iron Boron Magnet Market Revenue Share, By Companies, 2024 |
10.2 Ireland Neodymium Iron Boron 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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