| Product Code: ETC5828515 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Namibia permanent magnets market experienced robust growth during 2020-2024, with a Compound Annual Growth Rate (CAGR) of 56.93%. Year-on-year growth rate of 64.91% contributed to this upward trend. This growth can be attributed to increasing demand for permanent magnets across various industries in Namibia.

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 Namibia Permanent Magnets Market Overview |
3.1 Namibia Country Macro Economic Indicators |
3.2 Namibia Permanent Magnets Market Revenues & Volume, 2021 & 2031F |
3.3 Namibia Permanent Magnets Market - Industry Life Cycle |
3.4 Namibia Permanent Magnets Market - Porter's Five Forces |
3.5 Namibia Permanent Magnets Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Namibia Permanent Magnets Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Namibia Permanent Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for permanent magnets in the renewable energy sector |
4.2.2 Growing adoption of permanent magnets in automotive applications |
4.2.3 Technological advancements leading to new and improved permanent magnet products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in permanent magnet production |
4.3.2 Competition from substitute materials like electromagnets |
4.3.3 Regulatory challenges related to environmental impact and waste disposal of permanent magnets |
5 Namibia Permanent Magnets Market Trends |
6 Namibia Permanent Magnets Market Segmentations |
6.1 Namibia Permanent Magnets Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Namibia Permanent Magnets Market Revenues & Volume, By Ferrite, 2021-2031F |
6.1.3 Namibia Permanent Magnets Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021-2031F |
6.1.4 Namibia Permanent Magnets Market Revenues & Volume, By Aluminum Nickel Cobalt (Alnico), 2021-2031F |
6.1.5 Namibia Permanent Magnets Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021-2031F |
6.2 Namibia Permanent Magnets Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Namibia Permanent Magnets Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Namibia Permanent Magnets Market Revenues & Volume, By Consumer Goods & Electronics, 2021-2031F |
6.2.4 Namibia Permanent Magnets Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Namibia Permanent Magnets Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Namibia Permanent Magnets Market Revenues & Volume, By Energy, 2021-2031F |
6.2.7 Namibia Permanent Magnets Market Revenues & Volume, By Medical, 2021-2031F |
7 Namibia Permanent Magnets Market Import-Export Trade Statistics |
7.1 Namibia Permanent Magnets Market Export to Major Countries |
7.2 Namibia Permanent Magnets Market Imports from Major Countries |
8 Namibia Permanent Magnets Market Key Performance Indicators |
8.1 Average selling price of permanent magnets |
8.2 Number of patents filed for new permanent magnet technologies |
8.3 Percentage of permanent magnets recycled in Namibia |
9 Namibia Permanent Magnets Market - Opportunity Assessment |
9.1 Namibia Permanent Magnets Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Namibia Permanent Magnets Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Namibia Permanent Magnets Market - Competitive Landscape |
10.1 Namibia Permanent Magnets Market Revenue Share, By Companies, 2024 |
10.2 Namibia Permanent Magnets 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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