| Product Code: ETC8823313 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Peru`s magnet import market continues to be dominated by key players such as China, USA, Spain, Italy, and Canada in 2024, showcasing high market concentration with a very high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 0.52% from 2020 to 2024, the market experienced a significant decline in growth rate of -34.03% from 2023 to 2024. This fluctuation may indicate shifts in market dynamics or external factors impacting import trends. Monitoring these developments will be crucial for stakeholders in the magnet industry looking to navigate the Peruvian market effectively.

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 Peru Magnet Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Magnet Market - Industry Life Cycle |
3.4 Peru Magnet Market - Porter's Five Forces |
3.5 Peru Magnet Market Revenues & Volume Share, By Magnet Type, 2021 & 2031F |
3.6 Peru Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Peru Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnets in industries such as electronics, automotive, and healthcare |
4.2.2 Growing investments in renewable energy projects requiring magnets for wind turbines and electric vehicles |
4.2.3 Technological advancements leading to the development of high-performance magnets |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in magnet production |
4.3.2 Intense competition from international magnet manufacturers |
4.3.3 Impact of trade tariffs and regulations on the import/export of magnets |
5 Peru Magnet Market Trends |
6 Peru Magnet Market, By Types |
6.1 Peru Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Magnet Market Revenues & Volume, By Magnet Type, 2021- 2031F |
6.1.3 Peru Magnet Market Revenues & Volume, By Ferrite, 2021- 2031F |
6.1.4 Peru Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021- 2031F |
6.1.5 Peru Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2021- 2031F |
6.1.6 Peru Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021- 2031F |
6.2 Peru Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Peru Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2021- 2031F |
6.2.3 Peru Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2021- 2031F |
6.2.4 Peru Magnet Market Revenues & Volume, By Electric Bicycles, 2021- 2031F |
6.2.5 Peru Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2021- 2031F |
6.2.6 Peru Magnet Market Revenues & Volume, By Wind Turbines, 2021- 2031F |
7 Peru Magnet Market Import-Export Trade Statistics |
7.1 Peru Magnet Market Export to Major Countries |
7.2 Peru Magnet Market Imports from Major Countries |
8 Peru Magnet Market Key Performance Indicators |
8.1 Supplier performance metrics such as on-time delivery and quality consistency |
8.2 Innovation rate in magnet technologies and product offerings |
8.3 Customer satisfaction levels and feedback on magnet performance and durability |
8.4 Research and development expenditure on new magnet applications and materials |
9 Peru Magnet Market - Opportunity Assessment |
9.1 Peru Magnet Market Opportunity Assessment, By Magnet Type, 2021 & 2031F |
9.2 Peru Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Peru Magnet Market - Competitive Landscape |
10.1 Peru Magnet Market Revenue Share, By Companies, 2024 |
10.2 Peru 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