| Product Code: ETC5828503 | 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 |
Maldives experienced a significant rise in permanent magnets import shipments in 2024, with top exporting countries being China, Thailand, Indonesia, Philippines, and India. The market concentration, as indicated by the HHI, escalated from high to very high in just one year, reflecting a more consolidated market landscape. The impressive compound annual growth rate (CAGR) of 51.75% from 2020 to 2024 underscores the robust demand for permanent magnets in Maldives. Moreover, the notable growth rate of 15.26% from 2023 to 2024 indicates a continued upward trajectory in import volumes, presenting lucrative opportunities for market players.

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 Maldives Permanent Magnets Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Permanent Magnets Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Permanent Magnets Market - Industry Life Cycle |
3.4 Maldives Permanent Magnets Market - Porter's Five Forces |
3.5 Maldives Permanent Magnets Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Maldives Permanent Magnets Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Maldives Permanent Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for permanent magnets in various industries, such as electronics, automotive, and renewable energy. |
4.2.2 Technological advancements leading to the development of high-performance permanent magnets. |
4.2.3 Increasing focus on energy efficiency and sustainability driving the adoption of permanent magnets. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of permanent magnets. |
4.3.2 Competition from substitute materials affecting the market demand for permanent magnets. |
5 Maldives Permanent Magnets Market Trends |
6 Maldives Permanent Magnets Market Segmentations |
6.1 Maldives Permanent Magnets Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Maldives Permanent Magnets Market Revenues & Volume, By Ferrite, 2021-2031F |
6.1.3 Maldives Permanent Magnets Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021-2031F |
6.1.4 Maldives Permanent Magnets Market Revenues & Volume, By Aluminum Nickel Cobalt (Alnico), 2021-2031F |
6.1.5 Maldives Permanent Magnets Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021-2031F |
6.2 Maldives Permanent Magnets Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Maldives Permanent Magnets Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Maldives Permanent Magnets Market Revenues & Volume, By Consumer Goods & Electronics, 2021-2031F |
6.2.4 Maldives Permanent Magnets Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Maldives Permanent Magnets Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Maldives Permanent Magnets Market Revenues & Volume, By Energy, 2021-2031F |
6.2.7 Maldives Permanent Magnets Market Revenues & Volume, By Medical, 2021-2031F |
7 Maldives Permanent Magnets Market Import-Export Trade Statistics |
7.1 Maldives Permanent Magnets Market Export to Major Countries |
7.2 Maldives Permanent Magnets Market Imports from Major Countries |
8 Maldives Permanent Magnets Market Key Performance Indicators |
8.1 Average selling price (ASP) of permanent magnets. |
8.2 Adoption rate of permanent magnets in key industries. |
8.4 Percentage of recycled materials used in permanent magnet production. |
8.5 Energy efficiency improvements achieved through the use of permanent magnets. |
9 Maldives Permanent Magnets Market - Opportunity Assessment |
9.1 Maldives Permanent Magnets Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Maldives Permanent Magnets Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Maldives Permanent Magnets Market - Competitive Landscape |
10.1 Maldives Permanent Magnets Market Revenue Share, By Companies, 2024 |
10.2 Maldives Permanent Magnets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |