| Product Code: ETC8826794 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Peru`s import shipments of permanent magnets in 2024 were primarily sourced from China, USA, Spain, Italy, and Canada. Despite the diversification of import sources, the market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was modest at 0.52%, with a notable decline in growth rate from 2023 to 2024 at -34.03%. These trends suggest a stable yet challenging market environment for permanent magnet imports 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 Permanent Magnet Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Permanent Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Permanent Magnet Market - Industry Life Cycle |
3.4 Peru Permanent Magnet Market - Porter's Five Forces |
3.5 Peru Permanent Magnet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Peru Permanent Magnet Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Peru Permanent Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for electric vehicles in Peru, leading to increased usage of permanent magnets in motors and batteries. |
4.2.2 Rising focus on renewable energy sources like wind turbines and hydroelectric power generation, driving the demand for permanent magnets. |
4.2.3 Increasing investments in infrastructure projects, such as construction and transportation, boosting the utilization of permanent magnets in various applications. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in permanent magnet production can impact the overall cost and profitability. |
4.3.2 Lack of skilled labor and technical expertise in manufacturing high-quality permanent magnets may hinder market growth. |
4.3.3 Stringent regulations related to environmental concerns and recycling of permanent magnets can pose challenges for market players. |
5 Peru Permanent Magnet Market Trends |
6 Peru Permanent Magnet Market, By Types |
6.1 Peru Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Permanent Magnet Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Peru Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2021- 2031F |
6.1.4 Peru Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2021- 2031F |
6.1.5 Peru Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2021- 2031F |
6.1.6 Peru Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2021- 2031F |
6.1.7 Peru Permanent Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Peru Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Peru Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Peru Permanent Magnet Market Revenues & Volume, By General Industrial, 2021- 2031F |
6.2.4 Peru Permanent Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 Peru Permanent Magnet Market Revenues & Volume, By Medical Technology, 2021- 2031F |
6.2.6 Peru Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2021- 2031F |
6.2.7 Peru Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2021- 2031F |
7 Peru Permanent Magnet Market Import-Export Trade Statistics |
7.1 Peru Permanent Magnet Market Export to Major Countries |
7.2 Peru Permanent Magnet Market Imports from Major Countries |
8 Peru Permanent Magnet Market Key Performance Indicators |
8.1 Average selling price (ASP) of permanent magnets in the Peru market. |
8.2 Adoption rate of permanent magnets in key industries such as automotive, energy, and electronics. |
8.3 Research and development (RD) expenditure focused on improving the performance and efficiency of permanent magnets. |
8.4 Percentage of local manufacturing vs. imports of permanent magnets in Peru. |
8.5 Number of patents filed for innovative permanent magnet technologies in the market. |
9 Peru Permanent Magnet Market - Opportunity Assessment |
9.1 Peru Permanent Magnet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Peru Permanent Magnet Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Peru Permanent Magnet Market - Competitive Landscape |
10.1 Peru Permanent Magnet Market Revenue Share, By Companies, 2024 |
10.2 Peru Permanent Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |