| Product Code: ETC12733344 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Peru continued to heavily rely on neodymium iron boron imports, with top exporters being China, USA, Mexico, Spain, and Italy. The market remained highly concentrated, indicating limited competition among suppliers. Despite a healthy compound annual growth rate (CAGR) of 6.89% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -31.37%. This fluctuation may signal changing market dynamics or temporary disruptions affecting import volumes. Monitoring these trends closely will be crucial for stakeholders in the neodymium iron boron market in Peru.

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 Neodymium Iron Boron Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Neodymium Iron Boron Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Neodymium Iron Boron Market - Industry Life Cycle |
3.4 Peru Neodymium Iron Boron Market - Porter's Five Forces |
3.5 Peru Neodymium Iron Boron Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Peru Neodymium Iron Boron Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Peru Neodymium Iron Boron Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Peru Neodymium Iron Boron Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for neodymium iron boron magnets in various industries such as automotive, electronics, and renewable energy. |
4.2.2 Growing focus on sustainable energy solutions driving the adoption of neodymium iron boron magnets. |
4.2.3 Technological advancements in the production process leading to cost efficiencies and improved quality. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the overall production cost of neodymium iron boron magnets. |
4.3.2 Environmental concerns related to the mining and processing of rare earth elements like neodymium. |
4.3.3 Intense competition from substitute materials in certain applications affecting market growth. |
5 Peru Neodymium Iron Boron Market Trends |
6 Peru Neodymium Iron Boron Market, By Types |
6.1 Peru Neodymium Iron Boron Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Peru Neodymium Iron Boron Market Revenues & Volume, By Grade, 2021 - 2031F |
6.1.3 Peru Neodymium Iron Boron Market Revenues & Volume, By High-Performance, 2021 - 2031F |
6.1.4 Peru Neodymium Iron Boron Market Revenues & Volume, By Standard, 2021 - 2031F |
6.2 Peru Neodymium Iron Boron Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Peru Neodymium Iron Boron Market Revenues & Volume, By Electric Motors, 2021 - 2031F |
6.2.3 Peru Neodymium Iron Boron Market Revenues & Volume, By Wind Turbines, 2021 - 2031F |
6.2.4 Peru Neodymium Iron Boron Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3 Peru Neodymium Iron Boron Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Peru Neodymium Iron Boron Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Peru Neodymium Iron Boron Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.3.4 Peru Neodymium Iron Boron Market Revenues & Volume, By Electronics Industry, 2021 - 2031F |
7 Peru Neodymium Iron Boron Market Import-Export Trade Statistics |
7.1 Peru Neodymium Iron Boron Market Export to Major Countries |
7.2 Peru Neodymium Iron Boron Market Imports from Major Countries |
8 Peru Neodymium Iron Boron Market Key Performance Indicators |
8.1 Average selling price (ASP) of neodymium iron boron magnets in the Peru market. |
8.2 Adoption rate of neodymium iron boron magnets in key industries. |
8.3 Percentage of neodymium iron boron magnet manufacturers in Peru using sustainable production practices. |
8.4 Research and development (RD) investment in new applications for neodymium iron boron magnets in Peru. |
8.5 Regulatory compliance adherence by neodymium iron boron magnet producers in Peru. |
9 Peru Neodymium Iron Boron Market - Opportunity Assessment |
9.1 Peru Neodymium Iron Boron Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Peru Neodymium Iron Boron Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Peru Neodymium Iron Boron Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Peru Neodymium Iron Boron Market - Competitive Landscape |
10.1 Peru Neodymium Iron Boron Market Revenue Share, By Companies, 2024 |
10.2 Peru Neodymium Iron Boron Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |