| Product Code: ETC8889770 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |

Portugal Neodymium Iron Boron Magnet Market has witnessed a decline in market size from €16.41 million in 2020 to €9.38 million in 2030. The peak market size was observed in 2020. The market experienced a significant drop from 2020 to 2024, with a CAGR of -6.46%, attributed to various factors such as economic slowdown and technological advancements impacting demand. The forecasted market size from 2025 to 2030 shows a continued downward trend with a CAGR of -4.46%. Despite the current challenges, the market is expected to see potential growth opportunities in the near future with upcoming projects focusing on sustainable energy solutions and increasing applications of neodymium iron boron magnets in various industries. Industry drivers such as environmental regulations and the shift towards renewable energy sources will play a crucial role in shaping the market's future trajectory.

Between 2019 and 2025, Portugal experienced varying trends in the Neodymium Iron Boron Magnet market regarding exports and imports. Exports saw a notable increase from €148.04 thousand in 2019 to a peak of €714.08 thousand in 2021 before declining to €290.46 thousand in 2025. Conversely, imports fluctuated differently, starting at €14.45 million in 2019, decreasing to €11.1 million in 2024, and then slightly rising to around €10.54 million in 2025. The market witnessed a significant export peak in 2021, likely driven by increased demand for neodymium iron boron magnets in various industries such as electronics, automotive, and renewable energy sectors. The fluctuations in exports and imports could also be influenced by global economic conditions, trade agreements, and technological advancements impacting supply chains and production capacities in Portugal's magnet industry.
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 Portugal Neodymium Iron Boron Magnet Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Neodymium Iron Boron Magnet Market - Industry Life Cycle |
3.4 Portugal Neodymium Iron Boron Magnet Market - Porter's Five Forces |
3.5 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Neodymium Iron Boron Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Portugal Neodymium Iron Boron Magnet Market Trends |
6 Portugal Neodymium Iron Boron Magnet Market, By Types |
6.1 Portugal Neodymium Iron Boron Magnet Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Automobile, 2021- 2031F |
6.1.4 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Electronics, 2021- 2031F |
6.1.5 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Power Generators, 2021- 2031F |
6.1.6 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Medical Industry, 2021- 2031F |
6.1.7 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Wind Power, 2021- 2031F |
6.1.8 Portugal Neodymium Iron Boron Magnet Market Revenues & Volume, By Others, 2021- 2031F |
7 Portugal Neodymium Iron Boron Magnet Market Import-Export Trade Statistics |
7.1 Portugal Neodymium Iron Boron Magnet Market Export to Major Countries |
7.2 Portugal Neodymium Iron Boron Magnet Market Imports from Major Countries |
8 Portugal Neodymium Iron Boron Magnet Market Key Performance Indicators |
9 Portugal Neodymium Iron Boron Magnet Market - Opportunity Assessment |
9.1 Portugal Neodymium Iron Boron Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Neodymium Iron Boron Magnet Market - Competitive Landscape |
10.1 Portugal Neodymium Iron Boron Magnet Market Revenue Share, By Companies, 2024 |
10.2 Portugal Neodymium Iron Boron 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.
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